STOCK TITAN
  1. Home
  2. Sec-filings
  3. DJT
  4. [Form 4] Trump Media & Technology Group Corp. Insider Trading Activity

Trump Media (DJT) CTO Vladimir Novachki has 17,104 shares withheld for taxes

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

Rhea-AI Filing Summary

Trump Media & Technology Group Corp. Chief Technology Officer Vladimir Novachki reported a routine share disposition tied to tax obligations, not an open-market trade. On May 13, 2026, 17,104 shares of common stock were withheld to cover tax payments owed by the company to taxing authorities.

The shares were valued at a weighted average price of $8.757 per share, based on multiple transactions within a price range of $8.57 to $9.04. Novachki received no cash proceeds from this tax-withholding disposition. After the transaction, he directly owned 589,234 shares, some of which are Restricted Stock Units that convert into shares as they vest under the company’s 2024 equity incentive plan.

Positive

  • None.

Negative

  • None.
Insider Novachki Vladimir
Role Chief Technology Officer
Type Security Shares Price Value
Tax Withholding Common Stock, par value $0.0001 per share 17,104 $8.757 $150K
Holdings After Transaction: Common Stock, par value $0.0001 per share — 589,234 shares (Direct, null)
Footnotes (1)
  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 $8.5700 to $9.0400, 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, 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.
Shares disposed for tax withholding 17,104 shares Common stock used to cover withholding payments on May 13, 2026
Weighted average price $8.757 per share Average price for disposed DJT shares across multiple trades
Price range of dispositions $8.57 to $9.04 per share Range of prices for individual transactions included in the average
Shares held after transaction 589,234 shares Total direct holdings following tax-withholding disposition
Transaction code F Denotes payment of exercise price or tax liability by delivering securities
Tax withholding shares count 17,104 shares Shares classified as tax withholding in transaction summary
tax-withholding disposition financial
"Reflects a transaction solely to cover withholding payments by Trump Media & Technology Group Corp."
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.
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.
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."
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
Novachki Vladimir
(Last)(First)(Middle)
C/O TRUMP MEDIA & TECHNOLOGY GROUP CORP
401 N. CATTLEMEN RD., SUITE 200
(Street)
SARASOTA FLORIDA 34232
(City)(State)(Zip)
UNITED STATES
(Country)		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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Technology Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/13/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock, par value $0.0001 per share05/13/2026F(1)17,104D$8.757(2)589,234(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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 $8.5700 to $9.0400, 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-Fact05/13/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did DJT CTO Vladimir Novachki report on this Form 4?

Vladimir Novachki reported a tax-withholding disposition of 17,104 DJT common shares. The company used these shares to satisfy withholding obligations owed to taxing authorities, and Novachki did not receive any cash from the transaction.

How many Trump Media (DJT) shares were involved in Vladimir Novachki’s tax withholding?

The filing shows 17,104 shares of DJT common stock were disposed of to cover tax payments. These shares were delivered to satisfy withholding obligations, rather than being sold for cash in the open market.

What price was reported for Vladimir Novachki’s DJT tax-withholding share disposition?

The reported price was a weighted average of $8.757 per share. Footnotes explain that individual trades occurred in a range from $8.57 to $9.04 per share, with detailed breakdowns available on request.

How many DJT shares does Vladimir Novachki hold after this Form 4 transaction?

After the tax-withholding disposition, Vladimir Novachki directly held 589,234 DJT shares. The filing notes that certain shares in this amount are Restricted Stock Units that convert into common stock as vesting conditions are satisfied.

Did Vladimir Novachki receive cash from the DJT shares used for tax withholding?

No, the filing states no cash proceeds were received by Vladimir Novachki. The shares were transferred solely so Trump Media & Technology Group Corp. could remit required tax payments to applicable taxing authorities.

Were Vladimir Novachki’s disposed DJT shares sold in the open market?

The filing characterizes the event as a tax-withholding disposition, not an open-market sale. Shares were delivered to cover tax obligations, although the weighted average price reflects multiple transaction prices between $8.57 and $9.04.