[Form 4] Trump Media & Technology Group Corp. Insider Trading Activity
The reporting person, Donald J. Trump Jr., reported transactions in Trump Media & Technology Group Corp. (Ticker: DJT) on 08/22/2025. He was granted 11,552 restricted stock units (RSUs) at $0 per unit that convert to common stock subject to vesting. 25% vested at grant for service from March 25, 2025 to June 25, 2025; the remaining 75% vests in three substantially equal quarterly installments beginning September 25, 2025 and ending March 25, 2026, with settlement subject to the RSU agreement and the 2024 Equity Incentive Plan. Following the reported transaction, the filing shows 37,498 shares beneficially owned and 114,750,000 shares held indirectly by the Donald J. Trump Revocable Trust.
- 11,552 RSUs granted to reporting person, aligning compensation with shareholder value
- Clear vesting schedule disclosed: 25% vested at grant and remaining 75% vesting in three quarterly installments
- Full disclosure of indirect trust holdings: 114,750,000 shares held by the Donald J. Trump Revocable Trust
- None.
Insights
TL;DR: Insider received a time‑based RSU award increasing potential future dilution but with typical service‑based vesting.
The disclosure shows a non-cash equity award of 11,552 RSUs to Donald J. Trump Jr., with 25% vested at grant and the remainder vesting over three quarterly installments. This is a routine compensation grant tied to continued service and subject to plan terms. The form also discloses substantial indirect holdings of 114,750,000 shares via a revocable trust in which he is sole trustee. For investors, the transaction primarily signals management compensation alignment rather than an immediate change in trading or control.
TL;DR: Disclosure is standard for officer/director awards and properly identifies indirect trust ownership and vesting schedule.
The Form 4 identifies the reporting person as both a director and a 10% owner and provides clear vesting terms for the RSU award: immediate 25% vesting for past service and scheduled quarterly vesting for the balance. The filing also discloses that 114,750,000 shares are held by a revocable trust where the reporting person is sole trustee, with a disclaimer of beneficial ownership except to the extent of pecuniary interest. The filing appears to follow Section 16 requirements for timely reporting of equity compensation.