Form 4: Riot Platforms CDCO Sells Shares for Tax Withholding

Jonathan Gibbs, Riot Platforms' CDCO, disposed of 60,868 shares of common stock at $15.48 per share to cover tax obligations related to restricted stock vesting.

Summary

• Jonathan Gibbs, the Chief Digital and Corporate Officer (CDCO) of Riot Platforms, Inc. (RIOT), reported a disposition of common stock.
• The transaction involved 60,868 shares of common stock disposed of on December 1, 2025.
• The shares were disposed of at a price of $15.48 per share.
• This disposition was made to satisfy tax withholding requirements upon the vesting of restricted shares of the Issuer's common stock.
• Following this transaction, Jonathan Gibbs beneficially owns 522,562 shares of Riot Platforms, Inc. common stock.
• The transaction was made pursuant to a contract, instruction, or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Sentiment

Score: 5

Explanation: The transaction is a routine, non-discretionary sale of shares to cover tax withholding obligations upon the vesting of restricted stock, which is a common practice and does not indicate a change in management's outlook or the company's prospects. Therefore, the sentiment is neutral.

Negatives

• Jonathan Gibbs' direct beneficial ownership of Riot Platforms common stock decreased by 60,868 shares due to the disposition.

Future Outlook

The filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction, as it is an insider transaction report.

Industry Context

This Form 4 filing is a routine disclosure of an insider stock transaction, specifically a tax-related disposition. It does not provide information that directly relates to broader industry trends or competitive landscape.

Stakeholder Impact

• Shareholders: The transaction is a routine insider filing and is unlikely to have a significant direct impact on shareholders, as it is a non-discretionary tax-related sale.

Key Dates

Keywords

Riot Platforms, RIOT, Jonathan Gibbs, Insider Transaction, Form 4, Stock Sale, Tax Withholding, CDCO, Restricted Stock