Trump Media (DJT) General Counsel withholds 25,546 shares to cover tax liabilities
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.
Positive
- None.
Negative
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Insider Trade Summary
Net Seller: 25,546 shares
Net Sell
1 txn
Insider
Glabe Scott
Role
General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, par value $0.0001 per share F1, F2, F3 | 25,546 | $8.325 | $213K |
Holdings After Transaction:
Common Stock, par value $0.0001 per share — 586,497 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 $8.16 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
Shares disposed for tax withholding: 25,546 shares
Weighted average disposition price: $8.325 per share
Disposition price range: $8.16 to $8.485 per share
+1 more
4 metrics
Shares disposed for tax withholding
25,546 shares
Shares delivered or withheld on 2026-08-13 to cover tax liabilities
Weighted average disposition price
$8.325 per share
Weighted average for 25,546 shares disposed in multiple transactions
Disposition price range
$8.16 to $8.485 per share
Price range of multiple transactions underlying the weighted average
Shares owned after transaction
586,497 shares
Direct holdings after the 25,546-share tax-withholding disposition
Key Terms
weighted average price, withholding payments, Restricted Stock Units ("RSUs"), Amended and Restated 2024 Equity Incentive Plan
4 terms
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"
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.
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 did Trump Media & Technology Group (DJT) General Counsel Scott Glabe report on this Form 4?
Scott Glabe reported a disposition of 25,546 DJT shares on 2026-08-13. The shares were withheld to cover tax liabilities owed by the company to taxing authorities, and he received no cash proceeds.
What are the RSUs mentioned in Scott Glabe’s DJT Form 4 filing?
The filing explains that certain securities in the 586,497-share post-transaction balance are Restricted Stock Units (RSUs), each representing a contingent right to one DJT share, subject to vesting and the company’s 2024 Equity Incentive Plan.
Did Scott Glabe use a Rule 10b5-1 trading plan for this DJT transaction?
The document-level checkbox indicates no Rule 10b5-1 plan applied. The footnotes instead clarify the disposition was solely to cover withholding tax payments, with no cash proceeds to Glabe.
AI-generated analysis. How Rhea-AI works. Not financial advice.