Riot Platforms (RIOT) COO gifts 21,198 shares to charitable donor fund
Rhea-AI Filing Summary
Riot Platforms, Inc. COO Stephen Mitchell Howell Jr. reported a bona fide gift of 21,198 shares of Common Stock on August 12, 2026. The shares were gifted to a charitable donor advised fund. Following this transfer, he directly held 1,834,408 shares of Riot Platforms Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 21,198 shares
Net Sell
1 txn
Insider
Howell Stephen Mitchell Jr.
Role
COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock F1 | 21,198 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 1,834,408 shares (Direct)
Footnotes (1)
- F1. Represents shares of Common Stock gifted by the Reporting Person to a charitable donor advised fund.
Key Figures
Shares gifted: 21,198 shares of Common Stock
Shares owned after transaction: 1,834,408 shares of Common Stock
Number of gift transactions: 1 bona fide gift
3 metrics
Shares gifted
21,198 shares of Common Stock
Bona fide gift on August 12, 2026 to a charitable donor advised fund
Shares owned after transaction
1,834,408 shares of Common Stock
Direct ownership by COO following the August 12, 2026 gift
Number of gift transactions
1 bona fide gift
Single reported gift transaction in this Form 4
Key Terms
bona fide gift, donor advised fund, Form 4
3 terms
bona fide gift financial
"The transaction code description is listed as a bona fide gift."
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
donor advised fund financial
"Shares of Common Stock gifted to a charitable donor advised fund."
A donor advised fund is a charitable savings account you fund with cash or assets (including stocks) that lets you take an immediate tax benefit while recommending when and which charities receive grants over time. Think of it like a dedicated piggy bank for giving: you get tax relief when you put money in, can avoid selling appreciated securities and triggering capital gains, and still control the timing and recipients of donations, which affects tax planning, portfolio decisions, and public giving signals.
Form 4 regulatory
"Insider transaction reported on Form 4 for Riot Platforms, Inc."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Riot Platforms (RIOT) report for COO Stephen Howell Jr.?
COO Stephen Mitchell Howell Jr. reported a bona fide gift of 21,198 shares of Riot Platforms Common Stock on August 12, 2026, transferring them to a charitable donor advised fund while retaining a substantial remaining stake.
Was the RIOT COO’s August 12, 2026 transaction a sale or a gift?
The August 12, 2026 transaction was reported as a bona fide gift, not a sale. Form 4 data classify the move as a gift of 21,198 Common Stock shares to a charitable donor advised fund, with no per-share sale price involved.
Is the RIOT COO’s Form 4 transaction under a Rule 10b5-1 trading plan?
The filing indicates the Rule 10b5-1 checkbox is not affirmed, so the transaction is not identified as occurring under a Rule 10b5-1 trading plan. It remains a discretionary, charitable gift of Common Stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
