LTIP TSR cap on performance awards
Company: Riot
The claim, verbatim
Performance Award Agreements will include a total shareholder return (TSR) cap limiting maximum vesting to 100% of the Target Award if absolute TSR for the Performance Period is negative
Source (primary)
Riot 8-K filed 2026-01-02 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “The Performance Award Agreement and the Performance Award Agreement (Units) will include a total shareholder return ("TSR") cap, providing that if the Company's absolute TSR for the Performance Period is negative, the maximum vesting percentage that may be earned will be limited to 100% of the Target Award”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms Riot 8-K filed 2026-01-02
Quote: “The Performance Award Agreement and the Performance Award Agreement (Units) will include a total shareholder return ("TSR") cap, providing that if the Company's absolute TSR for the Performance Period is negative, the maximum vesting percentage that may be earned will be limited to 100% of the Target Award”