Trump Media (NASDAQ: DJT) awards 47,200 RSUs to director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
O'Rourke Meredith Michelle reported acquisition or exercise transactions in this Form 4 filing.
Trump Media & Technology Group Corp. director Meredith Michelle O'Rourke received an award of 47,200 restricted stock units (RSUs), each representing the right to receive one share of common stock.
The RSUs vest in twelve substantially equal quarterly installments of about 8.33% each, beginning on June 25, 2026 and ending on March 25, 2029, under the company’s 2024 Amended & Restated Equity Incentive Plan. Following this grant, her reported direct holding is 47,200 RSUs, all subject to the stated vesting conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
O'Rourke Meredith Michelle
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.0001 per share | 47,200 | $0.00 | -- |
Holdings After Transaction:
Common Stock, par value $0.0001 per share — 47,200 shares (Direct, null)
Footnotes (1)
- The securities reported are restricted stock units ("RSUs"), each of which represents the contingent right to receive one share of common stock, par value $0.0001 per share (the "common stock") of Trump Media & Technology Group Corp. (the "Issuer") One twelfth (approximately 8.33%) of the total number of shares of common stock underlying the RSUs shall vest in twelve (12) substantially equal quarterly installments beginning June 25, 2026, and ending March 25, 2029. Settlement and delivery of common stock following vesting of each installment is subject to the terms and conditions of the RSU award agreement and the Issuer's 2024 Amended & Restated Equity Incentive Plan (the "Plan"). The securities reported in Column 5 of Table I are RSUs. Each RSU represents a contingent right to receive one share of common stock, subject to the applicable vesting schedule and conditions of each RSU award agreement and the Plan.
Key Figures
RSUs granted: 47,200 RSUs
Post-grant holdings: 47,200 RSUs
Vesting fraction per installment: One twelfth (~8.33%)
+3 more
6 metrics
RSUs granted
47,200 RSUs
Grant reported for director Meredith Michelle O'Rourke
Post-grant holdings
47,200 RSUs
Total reported direct holdings following the transaction
Vesting fraction per installment
One twelfth (~8.33%)
Portion of RSUs vesting each quarter
Vesting start date
June 25, 2026
First quarterly vesting date for the RSUs
Vesting end date
March 25, 2029
Final quarterly vesting date for the RSUs
Reported grant price
$0.0000 per unit
Form 4 transaction price per RSU for this award
Key Terms
restricted stock units ("RSUs"), contingent right, vest, Equity Incentive Plan, +1 more
5 terms
restricted stock units ("RSUs") financial
"The securities reported are restricted stock units ("RSUs"), each of which represents the contingent right to receive one share"
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.
contingent right financial
"Each RSU represents a contingent right to receive one share of common stock"
vest financial
"One twelfth (approximately 8.33%) of the total number of shares of common stock underlying the RSUs shall vest in twelve substantially equal quarterly installments"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
Equity Incentive Plan financial
"subject to the terms and conditions of the RSU award agreement and the Issuer's 2024 Amended & Restated Equity Incentive Plan"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
settlement and delivery financial
"Settlement and delivery of common stock following vesting of each installment is subject to the terms and conditions of the RSU award agreement"
FAQ
What did Trump Media (DJT) director Meredith O'Rourke report in this Form 4?
She reported receiving 47,200 restricted stock units (RSUs), each representing one future DJT common share. The award is compensation, not an open-market purchase, and is subject to a multi-year vesting schedule under the company’s 2024 equity incentive plan.
What is the vesting schedule for Meredith O'Rourke's DJT RSUs?
One twelfth, or approximately 8.33%, of the 47,200 RSUs vests in twelve substantially equal quarterly installments. Vesting begins on June 25, 2026 and continues through March 25, 2029, subject to the award agreement and the company’s 2024 equity plan.
Are Meredith O'Rourke's DJT RSUs immediately deliverable as common stock?
No, the RSUs are contingent rights that convert into common stock only upon vesting. Settlement and delivery of DJT shares after each vesting date depend on the terms of the RSU award agreement and the 2024 Amended & Restated Equity Incentive Plan.