Jason Les Performance RSU grant
Company: Riot
What the later record shows
Not a promise: a reported event · happened August 12, 2021
The claim reports a grant already made on August 12, 2021, and P4 lists Les's August 12, 2021 PSU target of 525,000. No passage reports his individual final vesting outcome.
“(Principal Executive Officer) August 12, 2021 PSU — 525,000 525,000 — 19,335,750”
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
Jason Les (Chief Executive Officer) received 525,000 Performance RSU Awards on August 12, 2021, eligible to vest through December 31, 2023 based on infrastructure and Adjusted EBITDA performance
Source (primary)
Riot 8-K filed 2021-08-16 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “Jason Les Chief Executive Officer 525,000”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The filing lists Jason Les, CEO, with a 525,000 Performance RSU target granted August 12, 2021. The awards vest through December 31, 2023 based on infrastructure and Adjusted EBITDA goals. The 525,000 is a target, and actual vesting can range from 0% to 100%.
Confirmed in the source:
- Jason Les is Riot's Chief Executive Officer
- Jason Les's total Performance RSU Awards target is 525,000
- The awards have a grant date of August 12, 2021
- The awards are eligible to vest during a performance period ending December 31, 2023
- Vesting depends on achieving the Infrastructure Development Target and Adjusted EBITDA thresholds
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1167419/000107997321000790/riot_8k-081621.htm) in full (10,744 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Riot 8-K filed 2021-08-16
Quote: “Jason Les Chief Executive Officer 525,000”
