Werner Ryan D. 4

What Happened

• Ryan D. Werner, Senior Vice President and Chief Accounting Officer of Riot Platforms (RIOT), had 13,869 restricted shares withheld to cover tax withholding when those restricted shares vested. The shares are reported at $23.96 each, for a notional value of $332,301. This transaction is a tax-withholding event (routine) rather than an open-market sale or purchase.

Key Details

• Transaction date: 2026-07-01
• Price per share reported: $23.96
• Shares withheld/disposed: 13,869; total value reported: $332,301
• Shares owned after the transaction: not specified in the filing
• Footnote: F1 — shares were withheld by the issuer to satisfy tax withholding requirements upon vesting of restricted shares
• Filing: Form 4 filed 2026-07-06 (five calendar days after the transaction); Form 4s are typically due within two business days, so this filing appears later than the usual reporting window

Context

• This was a tax-withholding/surrender of restricted stock on vesting (transaction code F), a routine administrative event that does not by itself signal insider buying or selling sentiment. It differs from an open-market sale (which could be interpreted as a disposition) or a purchase (which can be seen as a bullish signal).