Trump Media (DJT) interim CEO’s 7,958-share tax move detailed
Rhea-AI Filing Summary
Trump Media & Technology Group Corp. (DJT) reported that Interim CEO Kevin McGurn disposed of 7,958 shares of common stock on 2026-08-21. The filing states this was a tax-withholding disposition to cover payments by the company to taxing authorities, and that McGurn received no cash proceeds. The weighted average price was $8.8864 per share, with individual trades between $8.685 and $9.10. Following this transaction, McGurn directly owns 112,853 shares, a figure that includes certain Restricted Stock Units (RSUs) subject to vesting under the company’s Amended and Restated 2024 Equity Incentive Plan.
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Insider Trade Summary
Net Seller: 7,958 shares
Net Sell
1 txn
Insider
McGurn Kevin
Role
Interim CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, par value $0.0001 per share F1, F2, F3 | 7,958 | $8.8864 | $71K |
Holdings After Transaction:
Common Stock, par value $0.0001 per share — 112,853 shares (Direct)
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 $8.685 to $9.10, 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
Shares disposed for tax withholding: 7,958 shares
Weighted average price per share: $8.8864 per share
Price range of dispositions: $8.685 to $9.10 per share
+1 more
4 metrics
Shares disposed for tax withholding
7,958 shares
Disposition on 2026-08-21 to cover withholding payments to taxing authorities
Weighted average price per share
$8.8864 per share
Weighted average price for 7,958 shares disposed on 2026-08-21
Price range of dispositions
$8.685 to $9.10 per share
Range of prices for multiple transactions comprising the 7,958-share disposition
Shares owned after transaction
112,853 shares
Direct holdings of Kevin McGurn after the 7,958-share disposition
Key Terms
Restricted Stock Units ("RSUs"), weighted average price, withholding payments, Amended and Restated 2024 Equity Incentive Plan
4 terms
Restricted Stock Units ("RSUs") financial
"Certain of the securities reported in Column 5 are Restricted Stock Units ("RSUs")"
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.
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.
withholding payments financial
"Reflects a transaction solely to cover withholding payments by Trump Media"
Amended and Restated 2024 Equity Incentive Plan financial
"subject to the conditions of the applicable RSU award ... and the Issuer's Amended and Restated 2024 Equity Incentive Plan"
FAQ
What insider transaction did DJT Interim CEO Kevin McGurn report on this Form 4?
Interim CEO Kevin McGurn reported a disposition of 7,958 DJT shares of common stock on 2026-08-21. The transaction was solely to cover tax withholding obligations, with no cash proceeds to him, and was executed at a weighted average price of $8.8864 per share.
Was Kevin McGurn’s DJT Form 4 transaction a market sale for cash?
No. The Form 4 states the 7,958-share disposition was solely to cover withholding payments to taxing authorities. It specifically notes that no cash proceeds were received by Kevin McGurn in connection with this disposition.
What does the Form 4 say about Kevin McGurn’s RSUs in DJT?
The Form 4 explains that some of the 112,853 securities reported as owned are Restricted Stock Units (RSUs). Each RSU represents a contingent right to receive one DJT share, subject to the award’s conditions and the company’s Amended and Restated 2024 Equity Incentive Plan.
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