secwatch.observer — SEC 8-K summary
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Issuer:     Riot Platforms, Inc. (RIOT)
CIK:        0001167419
Form:       8-K
Filed at:   2025-04-17T23:59:59+00:00
Accession:  0001167419-25-000003
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Riot Platforms renews CFO Colin Yee's agreement; severance terms updated
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- Amended agreement renews Colin Yee as CFO for 36-month initial term, effective April 12, 2025.
- Severance benefits paid in lump sum: 50% within 20 business days after signing separation agreement, remainder after six months.
- Service-based and performance-based stock awards subject to accelerated vesting settled within five business days after separation agreement.
- Yee remains independent contractor, not employee, with no company employee benefits.
- Agreement automatically renews for successive 12-month periods unless terminated.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1167419/000116741925000003/0001167419-25-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1167419/000116741925000003/riot-20250412x8k.htm
  HTML page:      https://secwatch.observer/filing/0001167419-25-000003

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