Donald Trump Jr. awarded 23,600 RSUs at Trump Media (DJT)
Rhea-AI Filing Summary
Trump Donald J. JR reported acquisition or exercise transactions in this Form 4 filing.
Trump Media & Technology Group Corp. director and 10% owner Donald J. Trump Jr. received a grant of 23,600 restricted stock units (RSUs), each representing one share of common stock at an award price of $0.0000 per share. Twenty-five percent of the total number of shares underlying the RSUs will vest in four substantially equal quarterly installments beginning June 25, 2026 and ending March 25, 2027, subject to the RSU agreement and the company’s 2024 Amended & Restated Equity Incentive Plan. Following this award, he holds 61,098 shares directly and 114,750,000 shares indirectly through the Donald J. Trump Revocable Trust, where he is sole trustee with sole voting and investment power, while disclaiming beneficial ownership beyond his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.0001 per share | 23,600 | $0.00 | -- |
| holding | Common Stock, par value $0.0001 per share | -- | -- | -- |
Footnotes (1)
- The securities reported are restricted stock units ("RSUs"), each of which represents the contingent right to receive one share of common stock, par value $0.0001 per share (the "common stock") of Trump Media & Technology Group Corp. (the "Issuer") Twenty-five percent (25%) of the total number of shares of common stock underlying the RSUs shall vest in four (4) substantially equal quarterly installments beginning June 25, 2026, and ending March 25, 2027. Settlement and delivery of common stock following vesting of each installment is subject to the terms and conditions of the RSU award agreement and the Issuer's 2024 Amended & Restated Equity Incentive Plan (the "Plan"). Certain of the securities reported in Column 5 of Table I are RSUs. Each RSU represents a contingent right to receive one share of common stock, subject to the applicable vesting schedule and conditions of each RSU award agreement and the Plan. These shares are held directly by the Donald J. Trump Revocable Trust Dated April 7, 2014 (the "Trust"), of which the reporting person is the sole trustee and has sole voting and investment power over all securities owned by the Trust. The reporting person disclaims beneficial ownership of the shares except to the extent of his pecuniary interest therein.