RIOT Riot Platforms, Inc. Insider Trading

CEO Jason Les sells 62,703 RIOT shares at $30.09 ($1.9M) under pre-arranged 10b5-1 plan; stock now at $27.42.

Jason Les executed a scheduled sale of 62,703 shares under a 10b5-1 trading plan adopted on 2025-08-25, reducing his holdings by 4.7% to 1,263,556 shares. The sale occurred at $30.09 per share, near the 52-week high of $30.32; the stock currently trades at $27.42. His prior four sales at RIOT show mixed outcomes: the most recent sale on 2025-05-11 posted a 30-day return of -4.4%, while the 2025-10-03 sale delivered -1.3% over 30 days but -36.8% over 90 days. The company reported $167,219,000.00 in latest quarterly revenue with $-500,477,000.00 in net income, indicating ongoing unprofitability despite 71.9% annual revenue growth. Because this transaction is scheduled under a 10b5-1 plan rather than discretionary, it carries no implications about insider conviction at this specific price point.

CEO Les Jason sells 175,000 shares for $4.4M as stock rallies near its 52-week high, adding to a pattern of six prior open-market sales.

Les Jason, Riot's CEO, sold 175,000 shares at a price near the stock's 52-week high—a notable time to exit, as insiders typically trim holdings during peaks rather than troughs. This is his sixth open-market sale at Riot in the past three years, extending a consistent pattern of dispositions rather than acquisitions. However, his prior sells at this company have shown mixed timing: one sale was well-timed (the stock fell afterward), but two others proved poorly timed as the stock rose in the following months. The company itself faces headwinds—it is not profitable and posted a significant quarterly loss despite strong revenue growth. Jason's sale occurs as the stock has rallied sharply in recent months, suggesting he may be taking advantage of strength rather than expressing concern about near-term momentum. Without visibility into his cost basis or future trading intentions, the sale appears consistent with opportunistic profit-taking near a cyclical peak, though the repeat selling pattern and mixed prior outcomes make this worth monitoring for signals of broader conviction shifts at the top.

RIOT CEO Les Jason sold 113,948 shares at $20.04 on 2025-10-03 under pre-arranged 10b5-1 plan; retains 769,911 shares.

Les Jason, CEO of Riot Platforms, sold 113,948 shares for a total value of $2,283,517.92 at $20.04 per share on 2025-10-03 as part of a pre-arranged 10b5-1 trading plan adopted on 2024-09-10. This scheduled sale reduced his holdings by 12.9% to 769,911 shares post-transaction. Since this transaction is governed by a 10b5-1 plan, it was executed according to a pre-established schedule rather than a discretionary decision made in response to current market conditions. The CEO retains a substantial position of 769,911 shares, indicating continued material alignment with shareholder outcomes.

EVP/General Counsel William Richard Jackman sold 248,168 shares of RIOT at $15.78 on 2025-09-10 for $3.9M

Jackman sold 248,168 shares, reducing his holdings by 9.9% from 2,509,325 shares to 2,261,157 shares. His cross-ticker track record shows 2 prior sells with an average 90-day return of -15.0% and a 90-day well-timed rate of 100.00%. At RIOT specifically, his 2 prior sells on 2023-12-08 and 2023-06-02 both produced negative 90-day returns (-23.6% and -6.4%), establishing a pattern of sales preceding declines. The stock has risen 37.1% over 30 days and 63.5% over 90 days from the transaction date, trading at $15.89 current price versus his $15.78 sale price. His consistent track record of sales preceding downturns at this ticker warrants attention to whether this sale signals anticipated momentum headwinds despite the recent sharp rally.

CEO Les Jason sold 100.0K shares of RIOT at $15.12 on 2025-07-21; stock now 4.2% below 52-week high despite 54.7% 30-day surge.

CEO Les Jason executed a 100,000-share sale at $15.12, reducing his holdings by -9.8% to 919,911 shares while RIOT stock is trading at $14.34, only 4.2% below its 52-week high of $14.97. The timing is noteworthy given recent momentum: the stock surged 54.7% over 30 days and 84.1% over 90 days, suggesting Jason sold into strength near year-high levels. His same-ticker history at RIOT shows mixed timing—1 of 3 prior sells were well-timed at the 90-day mark, with his most recent December 2024 sale posting a -33.3% 90-day return, indicating that sale preceded a decline. Cross-ticker, Jason's broader track record shows a 33.33% well-timed sell rate (1 of 3 sales) with an average 90-day return of -9.0%, demonstrating selective rather than consistent sell timing. Investors should monitor whether this $1.5M sale at near-52-week-high levels signals caution, particularly given RIOT's elevated valuation (P/E 35.85) despite negative net income of $-296.4M in the latest quarter.

Director Mouton Douglas purchases 8,384 shares of RIOT at $7.74 amid 48.2% decline from 52-week high

Director Mouton Douglas acquired 8,384 shares at $7.74, increasing his holdings to 20,384 shares in a transaction valued at $64,892.16. This represents a 69.9% increase in his position at a price that is 48.2% below the 52-week high of $14.97 and follows recent weakness (30-day change: -32.9%). The company maintains a $2.7B market cap with recent quarterly revenue of $84.8M and strong annual growth of 34.2%, though it reported a net loss of $154.4M in the latest quarter. The purchase at a depressed price level against recent trend warrants consideration of whether this represents conviction in the underlying business fundamentals or opportunistic accumulation at a tactical price point.

CEO Les Jason sold 50,000 RIOT shares at $11.34 on 2024-12-10; holds 1.02M shares post-sale.

CEO Les Jason sold 50,000 shares (50.0K shares) at $11.34 on 2024-12-10, reducing holdings by 4.7% to 1.02M shares. The stock now trades at $12.33, 33.8% below its 52-week high of $18.62 and down 14.7% over the prior 30 days, though up 71.2% over 90 days. Across his prior trades at RIOT, neither of 2 prior sells preceded a stock decline at the 90-day mark, indicating his historical timing at this ticker was not predictive of downturns. Fundamentally, the company is unprofitable (full-year net income was negative, latest quarter showed $-154.4M loss) despite 8.3% annual revenue growth, trading at a P/E of 77.06 on a $4.1B market cap. The sale occurs within a broader context of elevated valuation multiples and recent price weakness, but does not align with the insider's own historical pattern of capturing gains after his prior sales at this ticker.