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Trump Media (DJT) CEO covers tax obligations by disposing shares

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Trump Media & Technology Group Corp. CEO, President and Chairman Devin G. Nunes reported a tax-related share disposition. On March 4, he disposed of 47,125 shares of common stock to cover withholding payments owed by the company to taxing authorities, with no cash proceeds to him. The weighted average price was $10.8895 per share, based on multiple trades between $10.750 and $11.055. After this transaction, Nunes reported holding 1,327,246 shares directly, some of which are Restricted Stock Units that convert into common stock only if vesting and other plan conditions are met.

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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Nunes Devin G.

(Last) (First) (Middle)
C/O TRUMP MEDIA & TECHNOLOGY GROUP CORP
401 N. CATTLEMEN RD., SUITE 200

(Street)
SARASOTA FL 34232

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Trump Media & Technology Group Corp. [ DJT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
CEO, President, Chairman
3. Date of Earliest Transaction (Month/Day/Year)
03/04/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, par value $0.0001 per share 03/04/2026 F(1) 47,125 D $10.8895(2) 1,327,246(3) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. 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.
2. The price reported in Column 4 is a weighted average price. These shares were disposed of in multiple transactions at prices ranging from $10.750 to $11.055, 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.
3. 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.
/s/ Nelson Mullins Riley & Scarborough LLP, Attorney-in-Fact 03/04/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Devin Nunes report for Trump Media (DJT)?

Devin Nunes reported a tax-withholding disposition of 47,125 Trump Media shares. The shares were used to satisfy withholding obligations owed by the company to tax authorities, meaning Nunes did not receive cash from this transaction.

How many Trump Media (DJT) shares did Devin Nunes dispose of and at what price?

Devin Nunes disposed of 47,125 shares of Trump Media common stock. The weighted average price was $10.8895 per share, based on multiple trades between $10.750 and $11.055, as disclosed in the filing footnotes.

Did Devin Nunes receive any cash from the Trump Media (DJT) share disposition?

No, Devin Nunes did not receive cash proceeds from this disposition. The shares were withheld solely to cover tax payments by Trump Media to applicable taxing authorities, according to the detailed footnote disclosure.

How many Trump Media (DJT) shares does Devin Nunes hold after this transaction?

After the tax-withholding disposition, Devin Nunes reported holding 1,327,246 shares of Trump Media common stock directly. The total includes certain Restricted Stock Units that represent rights to receive shares if specific vesting conditions are satisfied.

What do the Restricted Stock Units reported by Devin Nunes at Trump Media (DJT) represent?

The reported Restricted Stock Units (RSUs) each represent a contingent right to receive one share of Trump Media common stock. They are subject to the RSU award’s conditions, including vesting, under the company’s Amended and Restated 2024 Equity Incentive Plan.

How was the weighted average price for Devin Nunes’ Trump Media (DJT) disposition calculated?

The filing states the reported price is a weighted average. Shares were disposed in multiple trades at prices ranging from $10.750 to $11.055. Full per-trade details are available from the reporting person upon request.
Trump Media & Technology

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United States
SARASOTA