Riot advisor settles 124K RSUs into common stock
Riot Platforms, Inc. senior advisor Colin M. Yee reported the settlement of vested restricted stock units into common stock as part of his equity compensation.
Rhea-AI Filing Summary
Riot Platforms, Inc. senior advisor Colin M. Yee reported the settlement of vested restricted stock units into common stock as part of his equity compensation. On July 1, 2026, he acquired 124,823 shares of common stock through derivative exercises and held 428,435 common shares afterward.
The filing also shows RSU activity tied to earlier service-based grants. Awards granted on July 13, 2023 and July 1, 2024 vest in three approximately equal annual tranches on July 1 of successive years, contingent on continued service. No open-market purchases or sales were reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
124,823 shares exercised/converted
Exercise
3 txns
Insider
Yee Colin M.
Role
Insider
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 41,071 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 83,752 | $0.00 | $0.00 |
| Exercise | Common Stock | 124,823 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 1,990,543 contracts (Direct);
Common Stock — 428,435 shares (Direct)
Footnotes (3)
- F1. Restricted stock units ("RSUs") convert into common stock on a one-for-one basis.
- F2. The reported transaction represents the settlement by the Issuer of the vested award of RSUs granted to the Reporting Person under the Issuer's equity plan. On July 13, 2023, the reporting person was granted service-based RSUs which were eligible to vest, if at all, in three (3) approximately equal tranches as of July 1, 2024, 2025, and 2026, subject to the Reporting Person's continued service with the Issuer through the applicable vesting dates.
- F3. The reported transaction represents the settlement by the Issuer of the vested award of RSUs granted to the Reporting Person under the Issuer's equity plan. On July 1, 2024, the reporting person was granted service-based RSUs which were eligible to vest, if at all, in three (3) approximately equal tranches as of July 1, 2025, 2026, and 2027, subject to the Reporting Person's continued service with the Issuer through the applicable vesting dates.
Key Figures
Common shares acquired: 124,823 shares
Common shares held after transaction: 428,435 shares
RSU transaction 1: 83,752 units
+5 more
8 metrics
Common shares acquired
124,823 shares
Shares acquired via derivative exercise on July 1, 2026
Common shares held after transaction
428,435 shares
Direct Riot Platforms common stock holdings following transactions
RSU transaction 1
83,752 units
Restricted Stock Units exercised with underlying common shares on July 1, 2026
RSU transaction 2
41,071 units
Restricted Stock Units exercised with underlying common shares on July 1, 2026
RSUs held after second RSU transaction
1,990,543 units
Total Restricted Stock Units reported as of second derivative line
RSUs held after third RSU transaction
2,074,295 units
Total Restricted Stock Units reported as of third derivative line
RSU vesting schedule 2023 grant
3 tranches
RSUs granted July 13, 2023 vest in three annual tranches on July 1, 2024–2026
RSU vesting schedule 2024 grant
3 tranches
RSUs granted July 1, 2024 vest in three annual tranches on July 1, 2025–2027
Key Terms
Restricted Stock Units, RSUs, equity plan, service-based RSUs, +1 more
5 terms
Restricted Stock Units financial
"Restricted stock units ("RSUs") convert into common stock on a one-for-one basis."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSUs financial
"The reported transaction represents the settlement by the Issuer of the vested award of RSUs granted to the Reporting Person"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
equity plan financial
"vested award of RSUs granted to the Reporting Person under the Issuer's equity plan."
An equity plan is a company program that gives employees, executives or directors a stake in the business through stock, stock options or similar ownership awards, like handing out slices of a pie to people who help bake it. It matters to investors because these grants can motivate key personnel and align their interests with shareholders, but they also increase the number of shares over time and can dilute existing ownership and affect reported earnings.
service-based RSUs financial
"the reporting person was granted service-based RSUs which were eligible to vest, if at all, in three (3) approximately equal tranches"
vesting financial
"eligible to vest, if at all, in three (3) approximately equal tranches as of July 1, 2024, 2025, and 2026"
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
What did Colin M. Yee report in this Riot (RIOT) Form 4 filing?
Colin M. Yee reported the settlement of vested restricted stock units into Riot Platforms common stock. The transactions reflect equity compensation vesting rather than open-market trading, showing derivative exercises that increased his directly held common share position and adjusted his remaining RSU balances.
Were there any open-market buys or sells by Colin Yee in this Riot Form 4?
No open-market buys or sells were reported. All transactions use code M, indicating exercises or conversions of derivative securities. The activity reflects restricted stock units settling into common shares under Riot Platforms’ equity plan, rather than discretionary trading in the public market.
What are the vesting terms of Colin Yee’s service-based RSUs at Riot Platforms?
The footnotes state that RSUs granted July 13, 2023 and July 1, 2024 vest in three approximately equal annual tranches on July 1 of successive years. Each tranche vests only if Colin Yee continues providing service to Riot Platforms through the applicable vesting date.
How do Colin Yee’s RSUs convert into Riot Platforms common stock?
The filing notes that restricted stock units convert into common stock on a one-for-one basis. When RSUs vest and are settled, each unit becomes one share of Riot Platforms common stock, which is then reflected in Colin Yee’s reported non-derivative share holdings.
AI-generated analysis. How Rhea-AI works. Not financial advice.
