secwatch.observer — SEC 8-K summary
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Issuer:     Riot Platforms, Inc. (RIOT)
CIK:        0001167419
Form:       8-K
Filed at:   2024-11-26T23:59:59+00:00
Accession:  0001558370-24-015936
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Riot Platforms amends exec employment agreements for CEO, Exec Chairman, EVP GC, and EVP Corp Dev
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- Agreements amended with Jason Les (CEO), Benjamin Yi (Exec Chairman), William Jackman (EVP GC), Jason Chung (EVP Corp Dev).
- Severance benefits to be paid in lump sum: 50% within 20 business days of signing severance agreement, remainder 6 months+1 day after termination.
- Service-based and performance-based stock awards to be settled within 5 business days of signing severance agreement.
- Employment term set at 36 months, automatically renews for successive 12-month periods unless non-renewed.
- No change to other compensation terms or executive officer rights as previously disclosed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1167419/000155837024015936/0001558370-24-015936-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1167419/000155837024015936/riot-20241120x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-015936

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