[Form 4] Trump Media & Technology Group Corp. Insider Trading Activity

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.

Insights

Securities counsel

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.

SEC Form 4

FORM 4

UNITED 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
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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^*

Nunes Devin G.

(Last) (First) (Middle)

C/O TRUMP MEDIA & TECHNOLOGY GROUP CORP

401 N. CATTLEMEN RD., SUITE 200

(Street)

SARASOTA FL 34232

(City) (State) (Zip)

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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CEO, President, Chairman

3. Date of Earliest Transaction (Month/Day/Year)
11/13/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock, par value $0.0001 per share	11/13/2025		F(1)		62,058	D	$12.1789(2)	1,374,371(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount 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 $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.

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-Fact	11/13/2025
	** Signature of Reporting Person	Date
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.

FAQ

What did DJT disclose in this Form 4?

A director and officer reported a code F disposition of 62,058 shares on 11/13/2025 to cover tax withholding.

How many DJT shares were disposed and at what price?

The filer disposed of 62,058 shares at a weighted average price of $12.1789, within a range of $11.960 to $12.500.

Did the insider receive cash from this DJT transaction?

No. The filing states the disposition was to cover tax withholding and the filer received no cash proceeds.

How many DJT shares does the filer own after the transaction?

Direct beneficial ownership is reported as 1,374,371 shares following the transaction.

What does transaction code F mean on the DJT Form 4?

Code F denotes a disposition to satisfy tax withholding obligations related to equity awards.

Are RSUs included in the reported DJT ownership?

Yes. The filing notes certain reported securities are RSUs that each represent the right to receive one common share, subject to award conditions.