Trump Media (DJT) CTO receives 373,216 RSUs as tax-withholding uses 18,249 shares
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 944,201 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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | 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 | $0.00 |
Footnotes (4)
- 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 $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.
- 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 (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.
- F4. 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
Key Terms
Restricted Stock Units ("RSUs") financial
tax-withholding disposition financial
weighted average price financial
Amended and Restated 2024 Equity Incentive Plan financial
AI-generated analysis. How Rhea-AI works. Not financial advice.