Riot Platforms director granted 8,347 restricted shares

Turner Michael John reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Turner Michael John reported acquisition or exercise transactions in this Form 4 filing.

Riot Platforms director Michael John Turner received an equity award of 8,347 shares of common stock as a grant under the company’s 2019 Equity Incentive Plan. The grant reflects compensation for service on the Board of Directors through June 30, 2027 and carries no cash purchase price.

The restricted shares may vest in four approximately equal tranches on September 30, 2026, December 31, 2026, March 31, 2027, and June 30, 2027, if he continues serving the company through each date. After this award, he directly holds 36,450 shares of Riot Platforms common stock.

Insider Trade Summary

Grant/Award: 8,347 shares

Grant/Award 1 txn

Insider Turner Michael John

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	8,347	$0.00	$0.00

Holdings After Transaction: Common Stock — 36,450 shares (Direct)

Footnotes (1)

1. F1. Represents an award of restricted shares of the Issuer's common stock, no par value per share, granted to the Reporting Person under the Issuer's 2019 Equity Incentive Plan, as amended, as of the indicated date, in connection with service on the Issuer's Board of Directors through June 30, 2027. These shares are eligible to vest, if at all, in four approximately equal tranches on September 30, 2026, December 31, 2026, March 31, 2027, and June 30, 2027, subject to the Reporting Person's continued service with the Issuer through the applicable vesting dates.

Key Figures

Restricted shares granted: 8,347 shares Grant price per share: $0.00 per share Shares owned after grant: 36,450 shares +1 more

4 metrics

Restricted shares granted 8,347 shares Equity award for Board service granted as of July 1, 2026

Grant price per share $0.00 per share Stated transaction price for the restricted share award

Shares owned after grant 36,450 shares Total common stock directly held following the transaction

Vesting schedule tranches 4 tranches Approximately equal vesting on 9/30/2026, 12/31/2026, 3/31/2027, 6/30/2027

Key Terms

restricted shares, 2019 Equity Incentive Plan, Board of Directors, vesting

4 terms

restricted shares financial

"Represents an award of restricted shares of the Issuer's common stock, no par value per share, granted to the Reporting Person"

Restricted shares are company stock that cannot be sold or transferred immediately because they are subject to legal or contractual limits, such as a required holding period or performance conditions. They matter to investors because these locked-up shares can affect a company’s available stock for trading, future dilution, and insider incentives—imagine a gift that can’t be cashed until certain conditions are met, which changes when and how much supply can suddenly enter the market.

2019 Equity Incentive Plan financial

"granted to the Reporting Person under the Issuer's 2019 Equity Incentive Plan, as amended"

Board of Directors financial

"in connection with service on the Issuer's Board of Directors through June 30, 2027"

The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.

vesting financial

"These shares are eligible to vest, if at all, in four approximately equal tranches"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Riot Platforms (RIOT) director Michael John Turner report in this Form 4?

Michael John Turner reported receiving a grant of 8,347 restricted shares of Riot Platforms common stock. The award is part of his Board compensation under the 2019 Equity Incentive Plan and increases his direct holdings to 36,450 shares after the transaction.

Is the Michael John Turner transaction in RIOT stock a purchase or a compensation grant?

The transaction is a compensation-related grant, not an open-market purchase. Turner received 8,347 restricted shares at a stated price of $0.00 per share under Riot’s 2019 Equity Incentive Plan in connection with his continuing service on the Board of Directors.

How do the 8,347 granted RIOT shares vest for director Michael John Turner?

The 8,347 restricted shares are eligible to vest in four approximately equal tranches. Vesting dates are September 30, 2026, December 31, 2026, March 31, 2027, and June 30, 2027, and each tranche requires Turner’s continued service with Riot Platforms through the applicable date.

What is Michael John Turner’s RIOT share ownership after this Form 4 transaction?

After the grant, Michael John Turner directly holds 36,450 shares of Riot Platforms common stock. This total includes the newly awarded 8,347 restricted shares, which are subject to service-based vesting conditions over several dates extending through June 30, 2027.

Under which plan was the 8,347-share RIOT equity award granted to Michael John Turner?

The award was granted under Riot Platforms’ 2019 Equity Incentive Plan, as amended. It represents restricted shares of common stock issued as compensation for Turner’s service on the Board of Directors through June 30, 2027, with vesting tied to continued board service.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 07/06/2026 - 06:00 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a 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). See Instruction 10.

1. Name and Address of Reporting Person^*

Turner Michael John

(Last) (First) (Middle)

C/O RIOT PLATFORMS, INC.

85 RIO GRANDE DRIVE, SUITE 200

(Street)

CASTLE ROCK COLORADO 80104

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Riot Platforms, Inc. [ RIOT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/01/2026		A		8,347(1)	A	$0	36,450	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents an award of restricted shares of the Issuer's common stock, no par value per share, granted to the Reporting Person under the Issuer's 2019 Equity Incentive Plan, as amended, as of the indicated date, in connection with service on the Issuer's Board of Directors through June 30, 2027. These shares are eligible to vest, if at all, in four approximately equal tranches on September 30, 2026, December 31, 2026, March 31, 2027, and June 30, 2027, subject to the Reporting Person's continued service with the Issuer through the applicable vesting dates.

	/s/ Tanya McGill, Attorney-in-Fact for Michael Turner	07/06/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)