Non-employee director compensation increase
Company: Riot
What the later record shows
Outcome not yet confirmed
No passage mentions the additional $1,000 monthly retainer for committee chairpersons.
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
Board approved additional $1,000 monthly cash retainer for non-employee directors serving as chairpersons of Audit Committee, Compensation and Human Resources Committee, and Governance and Nominating Committee, effective January 1, 2022.
Source (primary)
Riot 8-K filed 2021-11-08 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “the Board has approved, on the recommendation of the Company's Compensation and Human Resources Committee, a change to the compensation offered for service as a non-employee director of the Company by establishing a monthly cash retainer of an additional $1,000 for service as a chairperson of each of the Board's three standing committees (the Audit Committee, the Compensation and Human Resources Committee, and the Governance and Nominating Committee). Effective as of January 1, 2022”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
Item 8.01 states that, effective January 1, 2022, the Board approved an additional $1,000 monthly cash retainer for non-employee directors who chair each of the three named standing committees.
Confirmed in the source:
- Riot's Board approved the change on the recommendation of the Compensation and Human Resources Committee
- The change establishes an additional $1,000 monthly cash retainer
- The retainer applies to non-employee directors serving as chairperson of a standing committee
- The three standing committees are the Audit Committee, the Compensation and Human Resources Committee, and the Governance and Nominating Committee
- The change is effective as of January 1, 2022
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 Board has approved, on the recommendation of the Company's Compensation and Human Resources Committee, a change to the compensation offered for service as a non-employee director of the Company by establishing a monthly cash retainer of an additional $1,000 for service as a chairperson of each of the Board's three standing committees (the Audit Committee, the Compensation and Human Resources Committee, and the Governance and Nominating Committee). Effective as of January 1, 2022”