COO Megan M. Brooks salary increase
Company: Riot
What the later record shows
Not a promise: a reported event · happened November 5, 2021
The claim reports a salary increase that was already effective when it was announced. Note that a later 10-K/A describes her initial-term base salary as $275,000 and does not mention the increase.
“Ms. Brooks was paid an annual base salary of $275,000 and was eligible to receive additional cash incentive bonuses”
2022-11-22 · Riot 10-K/A filed 2022-11-23 View cached copy (2026-09-13)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
Chief Operating Officer Megan M. Brooks' annual base salary increased to $325,000 per year, effective immediately, for the remainder of her three-year employment term.
Source (primary)
Riot 8-K filed 2021-11-08 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “the Company has increased Ms. Brooks' annual base salary to $325,000 per year for the remainder of the three-year term of the Brooks Employment Agreement, effective immediately”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
Item 5.02 states that under Amendment No. 1 Riot raised COO Megan M. Brooks' base salary to $325,000 per year, effective immediately, for the rest of the three-year agreement term.
Confirmed in the source:
- Megan M. Brooks is Riot's Chief Operating Officer
- Megan M. Brooks' annual base salary was increased to $325,000 per year
- The salary increase is effective immediately
- The increased salary applies for the remainder of the three-year term of the Brooks Employment Agreement
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1167419/000107997321001103/riot_8k-110821.htm) in full (14,780 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Riot 8-K filed 2021-11-08
Quote: “the Company has increased Ms. Brooks' annual base salary to $325,000 per year for the remainder of the three-year term of the Brooks Employment Agreement, effective immediately”