Trump Media (DJT) CFO withholds 18,817 shares to cover tax obligations
Rhea-AI Filing Summary
Trump Media & Technology Group Corp. Chief Financial Officer Juhan Phillip reported a disposition of 18,817 shares of common stock on 2026-08-13. The shares were withheld to cover tax liabilities, and no cash proceeds went to him. After this transaction, he directly holds 581,749 shares, which include certain Restricted Stock Units granted under the company’s Amended and Restated 2024 Equity Incentive Plan.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Net Seller: 18,817 shares
Net Sell
1 txn
Insider
Juhan Phillip
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, par value $0.0001 per share F1, F2, F3 | 18,817 | $8.3265 | $157K |
Holdings After Transaction:
Common Stock, par value $0.0001 per share — 581,749 shares (Direct)
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 $8.16 to $8.49, 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.
Key Figures
Shares disposed for tax withholding: 18,817 shares
Weighted average price: $8.3265 per share
Shares held after transaction: 581,749 shares
3 metrics
Shares disposed for tax withholding
18,817 shares
Common stock delivered/withheld on 2026-08-13 to cover tax liability
Weighted average price
$8.3265 per share
Weighted average for multiple trades ranging from $8.16 to $8.49
Shares held after transaction
581,749 shares
Direct holdings after the reported tax-withholding disposition; includes certain RSUs
Key Terms
Restricted Stock Units, weighted average price, Amended and Restated 2024 Equity Incentive Plan, tax liability
4 terms
Restricted Stock Units financial
"Certain of the securities reported in Column 5 are Restricted Stock Units ("RSUs")"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Amended and Restated 2024 Equity Incentive Plan financial
"subject to the conditions of the applicable RSU award ... and the Issuer's Amended and Restated 2024 Equity Incentive Plan."
tax liability financial
"Payment of tax liability by delivering or withholding securities"
FAQ
What did DJT CFO Juhan Phillip report in this Form 4?
CFO Juhan Phillip reported a disposition of 18,817 DJT common shares on 2026-08-13. The shares were withheld to satisfy tax obligations; he did not receive cash proceeds.
Was the DJT Form 4 transaction by CFO Juhan Phillip an open-market sale?
No. The 18,817 shares were disposed of solely to cover tax-withholding payments to taxing authorities. Footnotes specify that no cash proceeds were received by Juhan Phillip from this transaction.
Does the DJT Form 4 mention Restricted Stock Units for CFO Juhan Phillip?
Yes. A footnote notes that certain securities in the 581,749 post-transaction shares are RSUs. Each RSU represents a contingent right to one DJT share under the 2024 Equity Incentive Plan and its vesting schedule.
AI-generated analysis. How Rhea-AI works. Not financial advice.