STOCK TITAN

Trump Media (DJT) counsel logs 9,044-share tax withholding disposition

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

Rhea-AI Filing Summary

Trump Media & Technology Group Corp. General Counsel and Secretary Scott Glabe reported a tax-withholding disposition of 9,044 shares of common stock at a weighted average price of $10.8846 per share.

The shares were withheld to cover payments by the company to taxing authorities, and Glabe received no cash proceeds. The disposition occurred in multiple trades between $10.76 and $11.05 per share. Following this transaction, he directly held 317,192 shares, some of which are Restricted Stock Units subject to vesting conditions under the company’s 2024 equity incentive plan.

Positive

  • None.

Negative

  • None.
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*
Glabe Scott

(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)
General Counsel and Secretary
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) 9,044 D $10.8846(2) 317,192(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 $10.76 to $11.05, 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 DJT’s Scott Glabe report on this Form 4?

Scott Glabe reported a tax-withholding disposition of 9,044 DJT common shares. The shares were withheld by Trump Media & Technology Group Corp. to satisfy tax obligations, rather than sold in an open-market transaction, and Glabe did not receive any cash proceeds from this disposition.

At what prices were Scott Glabe’s DJT shares disposed of for tax withholding?

The weighted average price was $10.8846 per share for 9,044 DJT shares. These shares were disposed of in multiple transactions at prices ranging from $10.76 to $11.05, and the company can provide detailed breakdowns of shares at each individual price upon request.

How many DJT shares does Scott Glabe hold after this Form 4 transaction?

After the tax-withholding disposition, Scott Glabe directly holds 317,192 DJT shares. The total includes certain Restricted Stock Units, each representing a contingent right to receive one common share, subject to vesting conditions and Trump Media & Technology Group’s Amended and Restated 2024 Equity Incentive Plan.

Did Scott Glabe receive cash from the DJT share disposition reported on this Form 4?

He did not receive any cash proceeds from this disposition. The transaction solely covered withholding payments made by Trump Media & Technology Group Corp. to applicable taxing authorities, meaning the shares were effectively surrendered to satisfy tax liabilities associated with his equity compensation.

What does the tax-withholding disposition on DJT shares signify for Scott Glabe?

The tax-withholding disposition signifies that part of his equity award was used to cover tax obligations. Instead of paying cash taxes, 9,044 DJT shares were withheld and disposed of for that purpose, while he retained direct ownership of 317,192 shares, including unvested RSUs.
Trump Media & Technology

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United States
SARASOTA