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Riot Platforms, Inc.·4

Jul 6, 6:00 PM ET

D'Ambrosio Lance Varro 4

Research Summary

AI-generated summary

Updated

Riot Platforms (RIOT) Director Lance D'Ambrosio Receives Award

What Happened
Lance D'Ambrosio, a director of Riot Platforms (RIOT), was granted 8,347 restricted shares on July 1, 2026. The reported acquisition price is $0 (code A — award/grant). This was a compensation award, not an open-market purchase or sale.

Key Details

  • Transaction date: 2026-07-01 (Form 4 filed: 2026-07-06).
  • Transaction type/code: Grant / Award (A).
  • Shares granted: 8,347 restricted shares; acquisition price reported as $0.
  • Vesting: Shares vest in four approximately equal tranches on 2026-09-30, 2026-12-31, 2027-03-31 and 2027-06-30, subject to continued board service (per footnote).
  • Shares owned after transaction: Not specified in the summary provided (check the full Form 4 for total holdings).
  • Timeliness: Filing date is 2026-07-06 for a 2026-07-01 grant; the filing does not flag a late-reporting indicator in the summary here — consult the full Form 4 for any late-report notation.

Context
Restricted-share awards are common compensation for board members and vest over time; they are not immediately tradable and typically reflect service-based pay rather than an insider buying stock as a market signal. For retail investors, purchases or open-market sales by insiders often carry clearer signals than routine awards.