Five executive employment agreements amended with revised severance provisions
Company: Riot
The claim, verbatim
Riot amended executive employment agreements for Benjamin Yi, Jason Les, Colin Yee, Jason Chung, and William Jackman to revise severance benefits based on termination circumstances, effective June 12, 2024
Source (primary)
Riot 8-K filed 2024-06-18 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “authorized and approved amendments to the executive employment agreements of the following executive officers of the Company (collectively, the "Covered Officers"): Mr. Benjamin Yi, Executive Chairman; Mr. Jason Les, Chief Executive Officer; Mr. Colin Yee, Executive Vice President and Chief Financial Officer; Mr. Jason Chung, Executive Vice President and Head of Corporate Development; and Mr. William Jackman, Executive Vice President and General Counsel”
How we checked this
Checked on September 18, 2026. The cited source supports every part of this claim.
The filing names all five executives and says their agreements were amended, effective June 12, 2024, to revise severance benefits depending on how employment ends.
Confirmed in the source:
- Riot's Board approved amendments to the executive employment agreements of Benjamin Yi, Jason Les, Colin Yee, Jason Chung and William Jackman.
- The amendments solely revise severance benefits, which vary by the reason for separation (cause, resignation, non-renewal, termination without cause or for good reason, change in control, death or disability).
- The amendments are effective June 12, 2024.
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1167419/000155837024009292/riot-20240618x8k.htm) in full (22,520 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Riot 8-K filed 2024-06-18
Quote: “authorized and approved amendments to the executive employment agreements of the following executive officers of the Company (collectively, the "Covered Officers"): Mr. Benjamin Yi, Executive Chairman; Mr. Jason Les, Chief Executive Officer; Mr. Colin Yee, Executive Vice President and Chief Financial Officer; Mr. Jason Chung, Executive Vice President and Head of Corporate Development; and Mr. William Jackman, Executive Vice President and General Counsel”