Benjamin Yi three-year employment term
Company: Riot
What the later record shows
Delivered on time · happened May 24, 2024
Yi was still Executive Chairman in the February 2024 10-K and the April 2024 proxy. He entered a new 36-month agreement on November 20, 2024, which shows he served through the initial three-year term ending May 2024.
“Yi, pursuant to which he has agreed to serve as our Executive Chairman for a three-year term, which renews for successive one-year terms”
2024-04-28 · Riot DEF 14A filed 2024-04-29 View cached copy (2026-09-13)Live source ↗
“On November 20, 2024, we entered into an executive employment agreement with Mr. Yi, pursuant to which he has agreed to serve as our Executive Chairman”
2025-04-16 · Riot DEF 14A filed 2025-04-17 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
Yi agreed to serve as Executive Chairperson for an initial three-year term, renewable for successive one-year terms
Source (primary)
Riot 8-K filed 2021-05-24 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “Mr. Yi has agreed to serve as the Corporation's Executive Chairperson for a three-(3)-year term, which renews for successive one-(1)-year terms after the expiration of the initial term.”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The 8-K states that under his employment agreement, Yi agreed to serve as Executive Chairperson for a three-year term that renews for successive one-year terms after the initial term expires, which matches every part of the claim.
Confirmed in the source:
- Benjamin Yi agreed to serve as Riot Blockchain's Executive Chairperson under an Executive Employment Agreement dated May 24, 2021
- The initial term of Yi's Executive Chairperson role is three years
- The agreement renews for successive one-year terms after the initial three-year term expires
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1167419/000107997321000412/riot_8k.htm) in full (15,812 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Riot 8-K filed 2021-05-24
Quote: “Mr. Yi has agreed to serve as the Corporation's Executive Chairperson for a three-(3)-year term, which renews for successive one-(1)-year terms after the expiration of the initial term.”
confirms Riot DEF 14A filed 2025-04-17
Quote: “On November 20, 2024, we entered into an executive employment agreement with Mr. Yi, pursuant to which he has agreed to serve as our Executive Chairman”
confirms Riot DEF 14A filed 2024-04-29
Quote: “Yi, pursuant to which he has agreed to serve as our Executive Chairman for a three-year term, which renews for successive one-year terms”