Riot Platforms director receives 8,347 RSU grant
Leverton Jaime reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Leverton Jaime reported acquisition or exercise transactions in this Form 4 filing.
Riot Platforms director Jaime Leverton received an equity grant of 8,347 restricted stock units (RSUs) of common stock. The award was granted at no cash cost under Riot’s 2019 Equity Incentive Plan in connection with her service on the Board of Directors through June 30, 2027.
Each RSU represents a contingent right to receive one share of Riot common stock upon vesting and settlement. The RSUs are scheduled to vest, if conditions are met, in four approximately equal tranches on September 30, 2026, December 31, 2026, March 31, 2027, and June 30, 2027. Following this grant, Leverton directly holds 36,450 shares or share-equivalents.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 8,347 shares
Grant/Award
1 txn
Insider
Leverton Jaime
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)
- F1. Represents the unvested award of restricted stock units ("RSUs") 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. Each RSU represents the contingent right to receive one share of the Issuer's common stock, no par value per share, upon vesting and settlement by the Issuer. These RSUs 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
RSUs granted: 8,347 units
Price per RSU: $0.00
Holdings after grant: 36,450 shares
+3 more
6 metrics
RSUs granted
8,347 units
Restricted stock unit award for board service
Price per RSU
$0.00
Grant price per unit on award date
Holdings after grant
36,450 shares
Total direct holdings following transaction
First vesting date
September 30, 2026
First of four scheduled vesting tranches
Final vesting date
June 30, 2027
Last scheduled vesting tranche for RSU award
Number of vesting tranches
4 tranches
Approximately equal installments through 2026–2027
Key Terms
restricted stock units ("RSUs"), 2019 Equity Incentive Plan, contingent right, vesting, +1 more
5 terms
restricted stock units ("RSUs") financial
"Represents the unvested award of restricted stock units ("RSUs") granted to the Reporting Person"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
2019 Equity Incentive Plan financial
"granted to the Reporting Person under the Issuer's 2019 Equity Incentive Plan, as amended"
contingent right financial
"Each RSU represents the contingent right to receive one share of the Issuer's common stock"
vesting financial
"These RSUs 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.
settlement financial
"upon vesting and settlement by the Issuer"
Settlement is the process of completing a financial transaction, like buying or selling a stock, by transferring money and ownership between parties. It ensures that both the buyer gets the asset and the seller gets paid, making the deal official. Without settlement, the transaction wouldn't be finalized or legally recognized.
FAQ
What insider transaction did Riot Platforms (RIOT) disclose for Jaime Leverton?
Riot Platforms reported a grant of 8,347 restricted stock units to director Jaime Leverton. The award was made at no cash cost as part of equity compensation for board service and represents a future right to receive common shares upon vesting and settlement.
What are the vesting dates for Jaime Leverton’s new RIOT RSU award?
The 8,347 RSUs are scheduled to vest in four approximately equal tranches. The planned vesting dates are September 30, 2026, December 31, 2026, March 31, 2027, and June 30, 2027, subject to Leverton’s continued service with Riot Platforms through each vesting date.
What does each RIOT restricted stock unit (RSU) granted to Jaime Leverton represent?
Each RSU represents a contingent right to receive one share of Riot Platforms common stock. The shares have no par value and will only be delivered if the RSUs vest and are settled by the company under the terms of the 2019 Equity Incentive Plan.
Under which plan were Jaime Leverton’s RIOT RSUs granted?
The RSUs were granted under Riot Platforms’ 2019 Equity Incentive Plan, as amended. This plan governs equity-based compensation awards, including restricted stock units, issued to directors and other participants to align their interests with long-term shareholder value creation.
AI-generated analysis. How Rhea-AI works. Not financial advice.
