Trump Media insider reports 62,058-share tax-withholding disposition
Rhea-AI Filing Summary
Trump Media & Technology Group (DJT) reported an insider transaction on a Form 4 by a director and officer (CEO, President, Chairman). On 11/13/2025, the filer disposed of 62,058 shares of common stock under transaction code F, which the filing explains reflects shares withheld to cover tax obligations; the filer received no cash proceeds.
The weighted average price reported was $12.1789, with sales executed between $11.960 and $12.500. Following the transaction, the filer directly beneficially owned 1,374,371 shares. The filing notes that certain shares in this balance are RSUs that each represent the contingent right to receive one common share, subject to award conditions and the company’s Amended and Restated 2024 Equity Incentive Plan.
Positive
- None.
Negative
- None.
Insights
Code F indicates tax withholding; no open‑market sale proceeds.
Form 4 shows a code F disposition of 62,058 shares on 11/13/2025. Code F typically reflects shares withheld by the issuer to satisfy tax withholding on equity awards rather than a discretionary open‑market sale by the insider.
The weighted average sales price is $12.1789, executed within the disclosed $11.960–$12.500 range. The filer’s direct beneficial ownership after the transaction is 1,374,371 shares, with some portion identified as RSUs that vest per the award terms under the Amended and Restated 2024 Equity Incentive Plan.
Because the transaction covers withholding and generated no cash proceeds to the filer, it is administratively driven. Actual market impact depends on broader trading dynamics and holder activity not detailed in this excerpt.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, par value $0.0001 per share | 62,058 | $12.1789 | $756K |
Footnotes (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 $11.960 to $12.500, 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.