Werner Ryan D. 4
4 · Riot Platforms, Inc. · Filed Jul 9, 2026
Research Summary
AI-generated summary of this filing
Riot Platforms (RIOT) SVP Ryan D. Werner Sells Shares
What Happened
Ryan D. Werner, SVP and CAO of Riot Platforms, sold a total of 17,828 shares of RIOT on July 7, 2026 in two open-market transactions. He disposed of 10,232 shares at a weighted-average price of $21.22 (proceeds $217,123) and 7,596 shares at a weighted-average price of $21.93 (proceeds $166,580), for combined proceeds of approximately $383,703. These were sales (not purchases) and were executed pursuant to a pre-established trading plan.
Key Details
- Transaction date: July 7, 2026 (reported on Form 4 filed July 9, 2026). Filing appears timely (filed within two business days).
- Reported prices and proceeds: 10,232 shares @ $21.22 = $217,123; 7,596 shares @ $21.93 = $166,580; total 17,828 shares, ~$383,703.
- Price ranges (per footnotes): the first series traded between $20.52–$21.51; the second between $21.53–$22.26; reported prices are weighted averages. The filer will provide full per-trade details upon request.
- Trading plan: Sales were effected under a Rule 10b5-1 plan adopted December 2, 2025 (footnote).
- Shares owned after transaction: not specified in the provided excerpt of the filing (see the full Form 4 for current holdings).
- Transaction code: S = Sale.
Context
Because these sales were made under a Rule 10b5-1 trading plan (adopted Dec 2, 2025), they were likely pre-scheduled and do not necessarily reflect the insider’s current view of Riot’s prospects. For retail investors, purchases generally carry more signaling weight than routine, pre-arranged sales.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-07-07$21.22/sh−10,232$217,123→ 903,322 total - Sale
Common Stock
[F1][F3]2026-07-07$21.93/sh−7,596$166,580→ 895,726 total
Footnotes (3)
- [F1]The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 2, 2025.
- [F2]These shares were sold on the indicated date in a series of multiple transactions at prices ranging from $20.52 to $21.51, 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]These shares were sold on the indicated date in a series of multiple transactions at prices ranging from $21.53 to $22.26, 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.