Jason Les - 03 Oct 2025 Form 4 Insider Report for Riot Platforms, Inc. (RIOT)

Signature
/s/ Jamie Amentler, Attorney-in-Fact for Jason Les
Issuer symbol
RIOT
Transactions as of
03 Oct 2025
Transactions value $
-$2,283,518
Form type
4
Filing time
03 Oct 2025, 17:44:59 UTC
Previous filing
01 Oct 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Les Jason CEO, Director C/O RIOT PLATFORMS, INC., 3855 AMBROSIA STREET, SUITE 301, CASTLE ROCK /s/ Jamie Amentler, Attorney-in-Fact for Jason Les 03 Oct 2025 0001721702

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RIOT Common Stock Sale -$2.28M -114K -12.89% $20.04 770K 03 Oct 2025 See Footnote F1, F2, F3
holding RIOT Common Stock 7.25M 03 Oct 2025 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 10, 2024.
F2 These shares were sold on the indicated date in a series of multiple transactions at prices ranging from $20.00 to $20.145, inclusive, per share. The price reported above reflects the weighted average sales price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transactions were effected.
F3 Shares held in trust by Jason M. Les, as Trustee of The Jason M. Les Trust dated March 8, 2021.