Trump Media & Technology (DJT) director granted 23,600 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bernhardt David Longly reported acquisition or exercise transactions in this Form 4 filing.
Trump Media & Technology Group Corp. director David Longly Bernhardt received an equity award of 23,600 restricted stock units, each representing one share of common stock at no cash cost per unit. Following this grant, he holds 46,705 shares and RSUs directly.
According to the award terms, twenty-five percent of the total RSUs will vest in four substantially equal quarterly installments beginning on June 25, 2026 and ending on March 25, 2027, subject to the conditions in the RSU agreement and the company’s 2024 Amended & Restated Equity Incentive Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bernhardt David Longly
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.0001 per share | 23,600 | $0.00 | -- |
Holdings After Transaction:
Common Stock, par value $0.0001 per share — 46,705 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") Twenty-five percent (25%) of the total number of shares of common stock underlying the RSUs shall vest in four (4) substantially equal quarterly installments beginning June 25, 2026, and ending March 25, 2027. 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"). Certain of 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
RSU grant size: 23,600 RSUs
Reported grant price: $0.00 per share
Holdings after grant: 46,705 shares/RSUs
+3 more
6 metrics
RSU grant size
23,600 RSUs
Equity award to director David Longly Bernhardt
Reported grant price
$0.00 per share
RSUs representing common stock, compensation award
Holdings after grant
46,705 shares/RSUs
Total direct position following the transaction
Vesting start date
June 25, 2026
First quarterly installment of RSU vesting
Vesting end date
March 25, 2027
Final quarterly installment of RSU vesting
Vesting portion
25% of total RSUs
To vest in four substantially equal quarterly installments
Key Terms
restricted stock units, RSUs, 2024 Amended & Restated Equity Incentive Plan, vesting
4 terms
restricted stock units financial
"The securities reported are restricted stock units ("RSUs"), each of which represents the contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSUs financial
"Certain of the securities reported in Column 5 of Table I are RSUs. Each RSU represents a contingent right"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
2024 Amended & Restated 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"
vesting financial
"shall vest in four (4) substantially equal quarterly installments beginning June 25, 2026, and ending March 25, 2027"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What did Trump Media (DJT) director David Longly Bernhardt receive in this Form 4?
David Longly Bernhardt received 23,600 restricted stock units, each tied to one share of Trump Media common stock. The award is equity-based compensation with no cash purchase price, increasing his direct holdings to a total of 46,705 shares and RSUs.
How do the 23,600 RSUs for Trump Media (DJT) vest for David Longly Bernhardt?
Twenty-five percent of the total RSUs will vest in four substantially equal quarterly installments. Vesting begins on June 25, 2026 and ends on March 25, 2027, subject to the conditions in the RSU award agreement and the company’s 2024 equity incentive plan.
What plan governs David Longly Bernhardt’s RSU grant at Trump Media (DJT)?
The RSU grant is subject to Trump Media’s 2024 Amended & Restated Equity Incentive Plan. Settlement and delivery of common stock after each vesting installment follow the specific terms and conditions in the RSU award agreement and the provisions of this plan.