DJT CTO reports tax-withholding share disposition
Trump Media & Technology Group Corp.'s Chief Technology Officer, Vladimir Novachki, reported a tax-related share disposition.
Rhea-AI Filing Summary
Trump Media & Technology Group Corp.'s Chief Technology Officer, Vladimir Novachki, reported a tax-related share disposition. On the reported date, 11,277 shares of common stock were disposed of at a weighted average price of $10.885 per share solely to cover withholding payments the company owed to taxing authorities, so the insider received no cash proceeds. The filing notes the transactions occurred in multiple trades between $10.76 and $11.045 per share. After this withholding transaction, Novachki’s directly held and RSU‑linked holdings totaled 606,338 shares, including restricted stock units that each represent a contingent right to receive one common share subject to vesting and plan conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock, par value $0.0001 per share | 11,277 | $10.885 | $123K |
Footnotes (3)
- F1. Reflects a transaction solely to cover withholding payments by Trump Media & Technology Group Corp. ("the Issuer") to applicable taxing authorities. No cash proceeds were received by the reporting person in connection with the disposition of securities disclosed in this row.
- F2. The price reported in Column 4 is a weighted average price. These shares were disposed of in multiple transactions at prices ranging from $10.76 to $11.045, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares disposed of at each separate price within the range.
- F3. Certain of the securities reported in Column 5 are Restricted Stock Units ("RSUs"), each of which represents the contingent right to receive one share of the Issuer's common stock, par value $0.0001 per share, subject to the conditions of the applicable RSU award (including the vesting schedule set forth therein) and the Issuer's Amended and Restated 2024 Equity Incentive Plan.
FAQ
What insider transaction did DJT executive Vladimir Novachki report on this Form 4?
What are the restricted stock units (RSUs) mentioned in Vladimir Novachki’s DJT holdings?
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