Yee Colin M. 4

What Happened

• Colin M. Yee, now a Senior Advisor to Riot Platforms (RIOT), had 124,823 restricted stock units (RSUs vest) convert into common stock on July 1, 2026 (reported as derivative transactions, code M). The Form 4 shows 124,823 shares acquired at $0.00 (RSU settlement) and two reported dispositions of 41,071 and 83,752 shares (also at $0.00). The two dispositions equal the total vested amount, indicating the vested shares were withheld/settled rather than retained as net shares.

Key Details

• Transaction date: July 1, 2026; Form 4 filed July 6, 2026 (filed several days after the transaction; appears to be late of the typical two-business-day window).
• Reported amounts: 124,823 shares acquired via RSU settlement; 41,071 and 83,752 shares reported disposed (total disposed = 124,823).
• Price shown: $0.00 per share for the conversion (typical for RSU settlement); the economic value equals the market price on the settlement date but is not listed on the Form 4.
• Shares owned after transaction: not disclosed in the provided filing excerpt.
• Footnotes: F1 confirms RSUs convert one-for-one into common stock. F2 and F3 indicate these shares came from previously granted service-based RSU awards that vested in part on July 1, 2026 (grants dated July 13, 2023 and July 1, 2024).
• Remarks: Effective March 1, 2026, Yee transitioned to a Senior Advisor role.

Context

• These entries reflect the vesting/settlement of RSU awards, not an open-market purchase or sale driven by a trading decision. The reported dispositions are consistent with shares being withheld to satisfy tax withholding or settlement obligations. Purchases typically signal more direct insider confidence; award settlements are routine compensation events.