Trump Media counsel reports tax-withholding share disposition
Trump Media & Technology Group Corp. General Counsel Scott Glabe reported a Form 4 transaction involving 25,546 shares of common stock on 2026-08-13.
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Rhea-AI Filing Summary
Trump Media & Technology Group Corp. General Counsel Scott Glabe reported a Form 4 transaction involving 25,546 shares of common stock on 2026-08-13. The shares were withheld to cover tax liabilities owed by the company to taxing authorities, and Glabe received no cash proceeds. The weighted average disposition price was $8.325 per share, from multiple trades between $8.16 and $8.485. Following this tax-withholding disposition, Glabe directly holds 586,497 shares, a portion of which consists of Restricted Stock Units (RSUs) subject to vesting under the company’s Amended and Restated 2024 Equity Incentive Plan.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, par value $0.0001 per share F1, F2, F3 | 25,546 | $8.325 | $213K |
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 $8.16 to $8.485, 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
weighted average price financial
withholding payments financial
Restricted Stock Units ("RSUs") financial
Amended and Restated 2024 Equity Incentive Plan financial
FAQ
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What did Trump Media & Technology Group (DJT) General Counsel Scott Glabe report on this Form 4?
What are the RSUs mentioned in Scott Glabe’s DJT Form 4 filing?
Did Scott Glabe use a Rule 10b5-1 trading plan for this DJT transaction?
AI-generated analysis. How Rhea-AI works. Not financial advice.