Trump Media (DJT) awards 23,600 restricted stock units to director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Green W. Kyle reported acquisition or exercise transactions in this Form 4 filing.
Trump Media & Technology Group Corp. director Green W. Kyle received an equity grant of 23,600 restricted stock units (RSUs), each representing the right to receive one share of common stock. These RSUs vest 25% in four substantially equal quarterly installments from June 25, 2026 through March 25, 2027 under the company’s 2024 Amended & Restated Equity Incentive Plan and related award agreement. After this grant, his reported holdings, including RSUs, total 61,098 shares of common stock, subject to applicable vesting schedules and plan conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Green W. Kyle
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.0001 per share | 23,600 | $0.00 | -- |
Holdings After Transaction:
Common Stock, par value $0.0001 per share — 61,098 shares (Direct, null)
Footnotes (1)
- The securities reported are restricted stock units ("RSUs"), each of which represents the contingent right to receive one share of common stock, par value $0.0001 per share (the "common stock") of Trump Media & Technology Group Corp. (the "Issuer") Twenty-five percent (25%) of the total number of shares of common stock underlying the RSUs shall vest in four (4) substantially equal quarterly installments beginning June 25, 2026, and ending March 25, 2027. Settlement and delivery of common stock following vesting of each installment is subject to the terms and conditions of the RSU award agreement and the Issuer's 2024 Amended & Restated Equity Incentive Plan (the "Plan"). Certain of the securities reported in Column 5 of Table I are RSUs. Each RSU represents a contingent right to receive one share of common stock, subject to the applicable vesting schedule and conditions of each RSU award agreement and the Plan.
Key Figures
RSUs granted: 23,600 RSUs
Transaction price per share: $0.0000 per share
Total shares after grant: 61,098 shares
+3 more
6 metrics
RSUs granted
23,600 RSUs
Equity award to director Green W. Kyle
Transaction price per share
$0.0000 per share
Grant/award acquisition (compensation, not market purchase)
Total shares after grant
61,098 shares
Reported holdings in Column 5, including certain RSUs
Vesting start date
June 25, 2026
First quarterly installment of RSU vesting
Vesting end date
March 25, 2027
Final quarterly installment of RSU vesting
Vesting rate
25% per installment
Four substantially equal quarterly installments
Key Terms
restricted stock units ("RSUs"), contingent right, Equity Incentive Plan, vesting, +1 more
5 terms
restricted stock units ("RSUs") financial
"The securities reported are restricted stock units ("RSUs"), each of which represents the contingent right..."
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.
contingent right financial
"Each RSU represents the contingent right to receive one share of common stock..."
Equity Incentive Plan financial
"subject to the terms and conditions of the RSU award agreement and the Issuer's 2024 Amended & Restated 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.
vesting financial
"shall vest in four (4) substantially equal quarterly installments beginning June 25, 2026, and ending March 25, 2027..."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
settlement and delivery financial
"Settlement and delivery of common stock following vesting of each installment is subject to the terms and conditions..."
FAQ
What insider transaction did Trump Media (DJT) report for Green W. Kyle?
Trump Media reported that director Green W. Kyle received a grant of 23,600 restricted stock units (RSUs). Each RSU represents the contingent right to receive one share of Trump Media common stock, subject to future vesting and the company’s 2024 Amended & Restated Equity Incentive Plan.
How do the 23,600 RSUs granted to Green W. Kyle at DJT vest?
The 23,600 RSUs granted to Green W. Kyle vest in four substantially equal quarterly installments. Twenty-five percent of the underlying common shares vest on each installment date, beginning June 25, 2026, and ending March 25, 2027, subject to award agreement terms and plan conditions.
What does each RSU granted to Green W. Kyle at Trump Media represent?
Each RSU granted to Green W. Kyle represents a contingent right to receive one share of Trump Media common stock. Delivery of shares occurs after vesting, in accordance with the specific RSU award agreement and the company’s 2024 Amended & Restated Equity Incentive Plan.
Was Green W. Kyle’s RSU grant at DJT an open-market purchase or sale?
The RSU grant to Green W. Kyle was not an open-market trade. It is coded as a grant or award acquisition, with zero dollar price per share, reflecting equity compensation rather than a market purchase or sale of Trump Media common stock.