Trump Media counsel disposes 9,044 shares for taxes
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.
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock, par value $0.0001 per share | 9,044 | $10.8846 | $98K |
Footnotes (3)
- F1. 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.
- F2. 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.
- F3. 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.
FAQ
What insider transaction did DJT’s Scott Glabe report on this Form 4?
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