Leverton Jaime 4

What Happened
Jaime Leverton, a director of Riot Platforms, was granted 8,347 restricted stock units (RSUs) on 2026-07-01. The Form 4 lists the acquisition code as an award (A) with an acquisition price of $0.00 (no cash paid at grant). Each RSU represents the contingent right to receive one share of Riot Platforms common stock upon vesting.

Key Details

• Transaction date: 2026-07-01; Form 4 filed 2026-07-06.
• Award: 8,347 RSUs; reported acquisition price $0.00.
• Vesting schedule (per footnote): four approximately equal tranches on 2026-09-30, 2026-12-31, 2027-03-31 and 2027-06-30, subject to continued service through each date.
• Shares owned after the transaction: not specified in the filing.
• Footnote: RSUs are unvested awards under the Issuer’s 2019 Equity Incentive Plan and convert to shares only upon vesting.
• Timing note: the Form 4 was filed several days after the transaction date; Form 4s are typically due within two business days of a reportable transaction.

Context
RSU grants are a common form of director compensation and do not involve an immediate cash purchase or sale of shares — they represent future equity if the recipient remains in service and the units vest. Because this is an award (not an open-market purchase or sale), it should be viewed as routine compensation rather than a direct insider buy/sell signal.