[144] Riot Platforms, Inc. SEC Filing

Rhea-AI Filing Summary

Riot Platforms, Inc. (RIOT) has filed a Form 144 indicating an intention to sell up to 100,000 common shares through J.P. Morgan Securities on or after 21 Jul 2025. Based on the filing’s implied price, the block is valued at roughly $1.386 million. With 357.3 million shares outstanding, the proposed sale represents only about 0.03 % of the company’s equity float, suggesting limited dilution or ownership impact.

The shares derive from three transfer transactions completed between February 2022 and July 2023 (58,059; 33,897; and 8,044 shares respectively). The filer reported no sales in the preceding three months and certified the absence of undisclosed material adverse information. Standard Rule 10b5-1 attestations are included, but no additional pricing or plan details were disclosed.

Positive

• None.

Negative

• Planned insider sale: Form 144 covers disposal of 100,000 shares (~$1.39 M), a potential mild negative signal despite its small proportion of total shares.

Insights

Securities Analyst

TL;DR: Small insider sale (0.03 % float) is unlikely to have a material price impact on RIOT.

From a market-impact perspective, the 100 k-share disposition equates to about one-third of a typical trading day’s volume for RIOT and less than 0.03 % of shares outstanding. While insider sales can signal profit-taking or personal liquidity needs, the nominal size and use of a major broker reduce execution risk. Absent concurrent negative news, the filing appears routine, so I classify it as neutral for valuation and sentiment.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	J.P. Morgan Securities LLC 390 Madison Avenue - 6th Floor New York NY 10017	100000	1386000	357263742	07/21/2025	Nasdaq

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	02/17/2022	Transfer	Jason Les, who acquired from Issuer on 02/17/22.			58059	02/17/2022	N/A
Common Stock	07/10/2023	Transfer	Jason Les, who acquired from Issuer on 12/11/23.			8044	07/10/2023	N/A
Common Stock	06/01/2023	Transfer	Jason Les, who acquired from Issuer on 07/12/2023.			33897	06/01/2023	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many RIOT shares are covered by this Form 144 filing?

100,000 common shares are proposed for sale.

What is the estimated value of the shares to be sold?

The filing lists an aggregate market value of $1.386 million.

When is the approximate sale date for the RIOT shares?

The filer indicates an approximate sale date of 21 July 2025.

What percentage of Riot Platforms’ outstanding shares does this sale represent?

Roughly 0.03 % of the 357.3 million shares outstanding.

Which broker will execute the transaction?

The shares will be sold through J.P. Morgan Securities LLC.

Have any shares been sold by the filer in the last three months?

The Form 144 states "Nothing to Report" for prior three-month sales.