Trump Media (DJT) CTO receives 373,216 RSUs as tax-withholding uses 18,249 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Trump Media & Technology Group Corp. Chief Technology Officer Vladimir Novachki reported compensation-related stock activity. He received 373,216 shares of common stock in the form of restricted stock units that were granted at no cash cost. A separate entry shows 18,249 shares were disposed of to cover tax withholding obligations at a weighted average price of $8.4749 per share; the company remitted the value to taxing authorities and Novachki did not receive cash from this disposition. Following these transactions, he directly holds 570,985 shares. The RSU award will vest in twelve substantially equal quarterly installments and is scheduled to be fully vested as of March 25, 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Novachki Vladimir
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, par value $0.0001 per share | 18,249 | $8.4749 | $155K |
| Grant/Award | Common Stock, par value $0.0001 per share | 373,216 | $0.00 | -- |
Holdings After Transaction:
Common Stock, par value $0.0001 per share — 570,985 shares (Direct, null)
Footnotes (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. The price reported in Column 4 is a weighted average price. These shares were disposed of in multiple transactions at prices ranging from $8.2550 to $8.7750, 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. 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 (the "Common Stock"), 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. The securities reported are RSUs, each of which represents the contingent right to receive one share of the Issuer's Common Stock. Subject to the terms and conditions of the RSU award and the Issuer's 2024 Amended & Restated Equity Incentive Plan, the RSU award will vest in twelve (12) substantially equal quarterly installments and will be fully vested as of March 25, 2029.
Key Figures
RSU grant size: 373,216 shares
Tax-withholding shares: 18,249 shares
Weighted average price: $8.4749 per share
+3 more
6 metrics
RSU grant size
373,216 shares
Common stock RSUs granted on May 27, 2026
Tax-withholding shares
18,249 shares
Shares delivered to cover tax obligations
Weighted average price
$8.4749 per share
Value of shares used for tax withholding
Post-transaction holdings
570,985 shares
Direct common stock holdings after transactions
Vesting completion date
March 25, 2029
RSU award fully vested by this date
Vesting schedule
12 quarterly installments
Substantially equal quarterly RSU vesting tranches
Key Terms
Restricted Stock Units ("RSUs"), tax-withholding disposition, weighted average price, Amended and Restated 2024 Equity Incentive Plan, +1 more
5 terms
Restricted Stock Units ("RSUs") financial
"Certain of the securities reported in Column 5 are Restricted Stock Units ("RSUs"), each of which represents the contingent right to receive one share..."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
tax-withholding disposition financial
"transaction_action: tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Amended and Restated 2024 Equity Incentive Plan financial
"...subject to the conditions of the applicable RSU award... and the Issuer's Amended and Restated 2024 Equity Incentive Plan."
FAQ
What insider transactions did DJT CTO Vladimir Novachki report on this Form 4?
Vladimir Novachki reported a grant of 373,216 restricted stock units and a separate tax-withholding disposition of 18,249 common shares. The disposition satisfied tax obligations, and no cash proceeds from those shares were received by him.
Was the DJT insider transaction by Vladimir Novachki an open-market sale?
The disposition of 18,249 shares was not an open-market sale. It was a tax-withholding transaction where shares were delivered to cover withholding payments, and Novachki received no cash proceeds from this disposition.
How do Vladimir Novachki’s RSUs in DJT vest over time?
Novachki’s restricted stock units vest in twelve substantially equal quarterly installments. Subject to the terms of the award and the 2024 Amended & Restated Equity Incentive Plan, the RSUs are scheduled to be fully vested as of March 25, 2029.
What type of equity plan governs Vladimir Novachki’s DJT restricted stock units?
The restricted stock units are granted under Trump Media’s Amended and Restated 2024 Equity Incentive Plan. Each RSU represents a contingent right to receive one share of common stock, subject to vesting conditions and other plan terms.