Jason Chung CFO base salary increase
Company: Riot
What the later record shows
Not a promise: a reported event · happened January 1, 2026
The claim says in the past tense that Chung's salary had already increased. A later filing confirms an amended employment agreement with Chung dated January 1, 2026, but no passage states his $550,000 salary.
“Amended and Restated Executive Employment Agreement, by and between the Company and Jason Chung, dated as of January 1, 2026.”
2026-03-01 · Riot 10-K filed 2026-03-02 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
Jason Chung's annual base salary increased from $500,000 to $550,000 in connection with his transition to Chief Financial Officer
Source (primary)
Riot 8-K filed 2026-01-02 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “The annual base salary for Mr. Chung increased from $500,000 to $550,000 in connection with his transition to the role of CFO”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The filing states that Chung's base salary increased from $500,000 to $550,000 in connection with his transition to CFO.
Confirmed in the source:
- Jason Chung's annual base salary increased from $500,000 to $550,000
- The increase was made in connection with his transition to Chief Financial Officer
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1167419/000110465926000248/riot-20251231x8k.htm) in full (15,572 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Riot 8-K filed 2026-01-02
Quote: “The annual base salary for Mr. Chung increased from $500,000 to $550,000 in connection with his transition to the role of CFO”