CEO LTIP Performance Award
Company: Riot
What the later record shows
Outcome not yet confirmed
The 2026 proxy still lists up to 369,640 unvested July 2023 PRSAs eligible to vest on July 31, 2026, amended by a January 2024 supplemental award. No passage reports the actual vesting for Jason Les.
“up to a maximum of 369,640 unvested PRSAs granted July 13, 2023 which are eligible to vest, if at all, on July 31, 2026”
2026-04-29 · Riot DEF 14A filed 2026-04-30 View cached copy (2026-08-31)Live source ↗
Checked October 10, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Jason Les (CEO) granted target of 184,820 shares as Performance Award under LTIP, eligible to vest 0% to 200% of target based on Relative TSR achievement during January 1, 2023 to December 31, 2025 performance period, with vesting as of July 31, 2026
Source (primary)
Riot 8-K filed 2023-07-19 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “Jason Les, Chief Executive Officer...184,820...Performance Award...The final number of shares of Common Stock to vest will be determined based on the Relative TSR achieved by the Company during the Performance Period commencing January 1, 2023, and ending December 31, 2025...Vesting of the Performance Award will occur as of the end of the Award Term...as of July 31, 2026”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The filing lists a 184,820-share Target Award for Jason Les. Its vesting table runs from 0% up to a 200% Maximum Award based on Relative TSR over January 1, 2023 to December 31, 2025, with vesting at the end of the Award Term on July 31, 2026.
Confirmed in the source:
- Jason Les, Chief Executive Officer, was granted a Performance Award with a target of 184,820 shares under the LTIP
- Between 0% and 200% of the target may vest, depending on Relative TSR
- The performance period runs from January 1, 2023 to December 31, 2025
- Vesting occurs at the end of the Award Term, July 31, 2026
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1167419/000155837023011967/riot-20230713x8k.htm) in full (17,041 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Riot 8-K filed 2023-07-19
Quote: “Jason Les, Chief Executive Officer...184,820...Performance Award...The final number of shares of Common Stock to vest will be determined based on the Relative TSR achieved by the Company during the Performance Period commencing January 1, 2023, and ending December 31, 2025...Vesting of the Performance Award will occur as of the end of the Award Term...as of July 31, 2026”