[Form 4] Trump Media & Technology Group Corp. Insider Trading Activity

Rhea-AI Filing Summary

Trump Media & Technology Group Corp. (DJT) reported an insider transaction by its CFO and Treasurer on a Form 4. On 11/13/2025, the officer disposed of 8,334 shares of common stock with a transaction code F, a withholding-related share disposition. The weighted average price was $12.1724, with trades ranging from $11.960 to $12.500.

The filing states this was solely to cover tax withholding obligations; the reporting person received no cash proceeds. Following the transaction, beneficial ownership stood at 301,518 shares, which includes Restricted Stock Units subject to the company’s 2024 Equity Incentive Plan.

Insights

Insider transactions analyst

Withholding-related share disposition; neutral impact.

The Form 4 lists a code F transaction on 11/13/2025, indicating shares were withheld or sold to satisfy tax obligations tied to equity awards. The officer disposed of 8,334 shares at a weighted average price of $12.1724, within an $11.960–$12.500 range.

The filing clarifies no cash proceeds accrued to the insider, consistent with tax-withholding mechanics. Post-transaction holdings are 301,518 shares, some as RSUs under the Amended and Restated 2024 Equity Incentive Plan. This is an administrative event; actual impact depends on routine equity award vesting.

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
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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^*

Juhan Phillip

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CFO and Treasurer

3. Date of Earliest Transaction (Month/Day/Year)
11/13/2025

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	11/13/2025		F(1)		8,334	D	$12.1724(2)	301,518(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 $11.960 to $12.500, 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	11/13/2025
	** 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 did DJT’s CFO report on the Form 4?

A code F transaction on 11/13/2025 disposing of 8,334 shares to cover tax withholding.

What was the weighted average price for the DJT shares?

The weighted average price was $12.1724, with trades from $11.960 to $12.500.

Did the reporting person receive cash from the transaction?

No. The filing states no cash proceeds were received; it was solely for tax withholding.

How many DJT shares does the officer hold after the transaction?

Beneficial ownership is 301,518 shares, including RSUs subject to plan terms.

What is the officer’s role at Trump Media & Technology Group (DJT)?

The reporting person is the company’s CFO and Treasurer.

What does transaction code F mean on a Form 4?

Code F indicates shares disposed of to satisfy tax withholding obligations from an equity award.