STOCK TITAN

Trump Media (DJT) grants RSUs to general counsel, with tax shares withheld

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Trump Media & Technology Group’s General Counsel and Secretary, Scott Glabe, received an equity award tied to 329,308 shares of common stock, structured as restricted stock units. A portion of shares, 21,492, was withheld at a weighted average of $8.4744 per share to cover tax obligations, with no cash proceeds to him. After these transactions, he directly holds 282,735 shares, including RSUs that vest in twelve equal quarterly installments and are expected to be fully vested by March 25, 2029.

Positive

  • None.

Negative

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Insider Glabe Scott
Role General Counsel and Secretary
Type Security Shares Price Value
Tax Withholding Common Stock, par value $0.0001 per share 21,492 $8.4744 $182K
Grant/Award Common Stock, par value $0.0001 per share 329,308 $0.00 --
Holdings After Transaction: Common Stock, par value $0.0001 per share — 282,735 shares (Direct, null)
Footnotes (1)
  1. 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. The price reported in Column 4 is a weighted average price. These shares were disposed of in multiple transactions at prices ranging from $8.2550 to $8.7750, 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. 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 (the "Common Stock"), 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. The securities reported are RSUs, each of which represents the contingent right to receive one share of the Issuer's Common Stock. Subject to the terms and conditions of the RSU award and the Issuer's 2024 Amended & Restated Equity Incentive Plan, the RSU award will vest in twelve (12) substantially equal quarterly installments and will be fully vested as of March 25, 2029.
RSU grant size 329,308 shares Restricted stock unit award tied to common stock
Tax-withheld shares 21,492 shares Shares disposed to cover withholding obligations
Weighted average tax price $8.4744 per share Average price for tax-withholding share disposition
Post-transaction holdings 282,735 shares Direct common stock holdings after reported transactions
Full vesting date March 25, 2029 RSUs vest in 12 equal quarterly installments until this date
Restricted Stock Units ("RSUs") financial
"Certain of the securities reported in Column 5 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.
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."
tax-withholding disposition financial
"Reflects a transaction solely to cover withholding payments... No cash proceeds were received by the reporting person in connection with the disposition of securities..."
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
weighted average price financial
"The price reported in Column 4 is a weighted average price. These shares were disposed of in multiple transactions at prices ranging..."
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.
contingent right financial
"each of which represents the contingent right to receive one share of the Issuer's common stock..."
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Glabe Scott

(Last)(First)(Middle)
C/O TRUMP MEDIA & TECHNOLOGY GROUP CORP
401 N. CATTLEMEN RD., SUITE 200

(Street)
SARASOTA FLORIDA 34232

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Trump Media & Technology Group Corp. [ DJT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
General Counsel and Secretary
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/27/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock, par value $0.0001 per share05/27/2026F(1)21,492D$8.4744(2)282,735(3)D
Common Stock, par value $0.0001 per share05/27/2026A329,308(4)A$0612,043(3)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
2. The price reported in Column 4 is a weighted average price. These shares were disposed of in multiple transactions at prices ranging from $8.2550 to $8.7750, 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.
3. 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 (the "Common Stock"), 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.
4. The securities reported are RSUs, each of which represents the contingent right to receive one share of the Issuer's Common Stock. Subject to the terms and conditions of the RSU award and the Issuer's 2024 Amended & Restated Equity Incentive Plan, the RSU award will vest in twelve (12) substantially equal quarterly installments and will be fully vested as of March 25, 2029.
/s/ Nelson Mullins Riley & Scarborough LLP, Attorney-in-Fact05/27/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did DJT’s General Counsel Scott Glabe report in this Form 4?

Scott Glabe reported an equity award linked to 329,308 shares of Trump Media common stock. The award is in the form of restricted stock units, reflecting compensation rather than an open-market stock purchase or sale by the company’s General Counsel.

How many Trump Media (DJT) shares were withheld for taxes in this filing?

A total of 21,492 Trump Media shares were withheld to satisfy tax obligations. The shares were disposed of at a weighted average price of $8.4744 across multiple trades, and Glabe received no cash from this tax-withholding transaction according to the disclosure.

What are the vesting terms for Scott Glabe’s RSU award at Trump Media (DJT)?

The RSU award vests in twelve substantially equal quarterly installments. Subject to award terms and the company’s 2024 Amended & Restated Equity Incentive Plan, the restricted stock units are expected to be fully vested as of March 25, 2029, if conditions are met.

How many Trump Media (DJT) shares does Scott Glabe hold after these transactions?

Following the reported transactions, Scott Glabe directly holds 282,735 Trump Media common shares. The filing notes that some of these are restricted stock units, each representing a contingent right to receive one share of common stock under the applicable plan terms.

Did Scott Glabe receive cash from the DJT tax-withholding share disposition?

He did not receive any cash proceeds from the tax-withholding share disposition. The filing explains that the 21,492 shares were used solely to cover withholding payments by Trump Media to taxing authorities, consistent with standard equity award tax treatment.