Form 4: Riot Platforms Director Lance D'Ambrosio Sells 25,000 Shares

Director Lance Varro D'Ambrosio of Riot Platforms, Inc. sold 25,000 shares of common stock on September 16, 2024, at an average price of $7.0014 per share.

Summary

• On September 16, 2024, Lance Varro D'Ambrosio, a director of Riot Platforms, Inc., sold 25,000 shares of the company's common stock.
• The sale was executed at a weighted average price of $7.0014 per share, with individual transactions ranging from $6.975 to $7.04.
• Following the transaction, D'Ambrosio directly owns 44,441 shares of Riot Platforms, Inc.
• The sale was reported on a Form 4 filing with the Securities and Exchange Commission.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a director's stock sale. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transaction.

Industry Context

This transaction is a routine disclosure of insider trading activity. It's common for directors and officers to buy and sell shares of their company's stock, and these transactions are closely monitored by regulators and investors.

Stakeholder Impact

• The sale of shares by a director could be perceived negatively by some shareholders, potentially leading to a slight decrease in investor confidence.

Key Dates