Form 4: Riot Platforms SVP Ryan D. Werner Reports Stock Transaction

Ryan D. Werner, SVP and CAO of Riot Platforms, Inc., reports the disposition of 31,238 shares of common stock to cover tax liabilities.

Summary

• On June 1, 2024, Ryan D. Werner, SVP and CAO of Riot Platforms, Inc., disposed of 31,238 shares of common stock.
• The shares were surrendered to cover tax liabilities related to the vesting of 74,294 restricted shares previously granted under the company's 2019 Equity Incentive Plan.
• The transaction was executed at a price of $9.75 per share.
• Following the transaction, Werner directly owns 431,521 shares of Riot Platforms, Inc.

Sentiment

Score: 5

Explanation: Neutral sentiment as it reflects a standard transaction related to tax obligations on vested stock.

Industry Context

This is a routine transaction related to executive compensation and tax obligations, common in publicly traded companies.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is related to executive compensation and tax obligations.

Key Dates