Trump Media counsel covers taxes with shares
Trump Media & Technology Group Corp.’s general counsel and secretary, Scott Glabe, reported a tax-related share disposition.
Rhea-AI Filing Summary
Trump Media & Technology Group Corp.’s general counsel and secretary, Scott Glabe, reported a tax-related share disposition. On May 13, 2026, he transferred 12,965 shares of common stock at a weighted average price of $8.7527 per share to cover withholding payments by the company to taxing authorities, and he received no cash proceeds. Following this transaction, he directly held 304,227 shares of common stock, a figure that includes Restricted Stock Units that each represent the right to receive one share subject to vesting conditions under the company’s Amended and Restated 2024 Equity Incentive Plan.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock, par value $0.0001 per share | 12,965 | $8.7527 | $113K |
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 $8.5700 to $9.0300, 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.
Key Figures
Key Terms
tax-withholding disposition financial
weighted average price financial
Restricted Stock Units ("RSUs") financial
Amended and Restated 2024 Equity Incentive Plan financial
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