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Trump Media (DJT) interim CEO uses 8,878 shares to cover tax withholding

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

Rhea-AI Filing Summary

Trump Media & Technology Group Corp. interim CEO Kevin McGurn reported a routine tax-related share disposition. On May 21, 2026, 8,878 shares of common stock were disposed of at a weighted average price of $8.0016 per share solely to cover withholding payments owed by the company to tax authorities, and McGurn received no cash proceeds. The trades occurred in multiple transactions at prices ranging from $7.9350 to $8.1000 per share. After this withholding event, McGurn directly held 137,320 shares of common stock, which includes certain Restricted Stock Units that convert into one share each upon vesting under the company’s Amended and Restated 2024 Equity Incentive Plan.

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Insider McGurn Kevin
Role Interim CEO
Type Security Shares Price Value
Tax Withholding Common Stock, par value $0.0001 per share 8,878 $8.0016 $71K
Holdings After Transaction: Common Stock, par value $0.0001 per share — 137,320 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 $7.9350 to $8.1000, 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.
Tax-withholding shares disposed 8,878 shares Common stock delivered for withholding on May 21, 2026
Weighted average price $8.0016 per share Price for tax-withholding disposition
Price range of transactions $7.9350–$8.1000 per share Range across multiple dispositions
Shares held after transaction 137,320 shares Direct holdings following tax-withholding disposition
Tax-withholding transaction count 1 transaction Summary shows one tax-withholding disposition
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.
vesting schedule financial
"subject to the conditions of the applicable RSU award (including the vesting schedule set forth therein)"
A vesting schedule is a timeline that determines when someone gains full ownership of certain benefits, such as company stock or retirement contributions. Think of it like earning the right to own a gift gradually over time, rather than receiving it all at once. It matters to investors because it affects when they can fully access or sell these benefits, influencing their financial planning and decision-making.
Equity Incentive Plan financial
"and the Issuer's Amended and Restated 2024 Equity Incentive Plan."
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
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*
McGurn Kevin
(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)
Interim CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/21/2026		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 share05/21/2026F(1)8,878D$8.0016(2)137,320(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 $7.9350 to $8.1000, 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/ Kevin McGurn05/21/2026
** 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 did DJT interim CEO Kevin McGurn report in this Form 4 filing?

Kevin McGurn reported a tax-withholding disposition of 8,878 DJT common shares. The shares were delivered to satisfy withholding obligations to tax authorities, and he did not receive any cash from this transaction.

How many Trump Media (DJT) shares were used for tax withholding and at what price?

A total of 8,878 DJT common shares were disposed of for tax withholding at a weighted average price of $8.0016 per share, across multiple trades priced between $7.9350 and $8.1000.

Did Kevin McGurn receive cash from the DJT share disposition reported here?

No, Kevin McGurn received no cash proceeds from this disposition. The shares were delivered solely so Trump Media could remit required withholding payments to applicable tax authorities on his behalf.

How many Trump Media (DJT) shares does Kevin McGurn hold after this transaction?

Following the tax-withholding disposition, Kevin McGurn directly holds 137,320 DJT common shares. This figure includes certain Restricted Stock Units that each convert into one share upon vesting under the company’s 2024 equity incentive plan.

What are the Restricted Stock Units (RSUs) mentioned in Kevin McGurn’s DJT filing?

The RSUs are awards that each represent a contingent right to receive one DJT common share. They vest according to the applicable RSU award’s schedule under Trump Media’s Amended and Restated 2024 Equity Incentive Plan.

Was this DJT insider transaction an open-market sale of shares?

This transaction was not an open-market sale by Kevin McGurn. It was a tax-withholding disposition, where shares were delivered to satisfy tax obligations rather than sold for his personal cash proceeds.