Trump Media & Technology Group Corp. reported first quarter 2026 results, highlighting a strong balance sheet but heavy non-cash losses. The company ended the quarter with total assets of $2.2 billion and financial assets of about $2.1 billion, nearly triple the $759.0 million held at the end of the first quarter of 2025. It recorded its fourth consecutive quarter of positive operating cash flow, generating $17.9 million from operating activities, while revenue was $0.9 million as the business remains focused on building out its platforms and audience.
Despite these strengths, Trump Media posted a net loss of $405.9 million and an Adjusted EBITDA* loss of $387.8 million, largely driven by non-cash items such as $368.7 million of unrealized losses on digital assets, digital assets pledged, and equity securities, along with accreted interest of $11.5 million and stock-based compensation of $11.8 million. The company continues to enhance its Truth Social and Truth+ platforms and is working toward a proposed merger with TAE Technologies, while filing its Form 10-Q for the quarter ended March 31, 2026.
Trump Media & Technology Group Corp. director Boris Epshteyn has filed an initial insider ownership statement with no transactions reported. The filing identifies Epshteyn as a director of DJT but lists no buys, sells, or other trades and shows no derivative positions in this excerpt.
Trump Media & Technology Group Corp. filed this amended annual report to add the Part III disclosures it had planned to incorporate from its proxy, and to update officer certifications. The amendment details current directors, executive officers, governance practices, compensation, and major shareholder ownership.
The filing highlights leadership changes, including Devin Nunes’ April 2026 separation and Kevin McGurn’s appointment as interim CEO, with Boris Epshteyn as board chair. It describes a pay program centered on high base salaries and sizeable time‑based RSU grants, no 2025 cash bonuses, a 3.65x CEO pay ratio, strong 2024 say‑on‑pay support, and significant insider and Trump family ownership of DJT shares.
McGurn Kevin reported acquisition or exercise transactions in this Form 4 filing.
Trump Media & Technology Group Corp. interim CEO Kevin McGurn received a grant of 146,198 restricted stock units (RSUs), each representing one share of common stock. The award was granted at a stated price of $0.00 per share as equity compensation.
According to the award terms and the company’s 2024 Amended & Restated Equity Incentive Plan, the RSUs will vest in nine substantially equal annual installments and are scheduled to be fully vested as of January 21, 2027. After this grant, McGurn holds 146,198 RSUs directly.
Trump Media & Technology Group Corp. interim CEO Kevin McGurn has filed an initial Form 3 as a reporting officer of the company. The filing lists his role as Interim CEO but does not report any insider transactions or holdings, serving as a baseline ownership disclosure.
Trump Media & Technology Group Corp. announced leadership changes, with Kevin J. McGurn becoming Interim Chief Executive Officer on April 21, 2026, succeeding Devin Nunes. Nunes entered a Separation and Release Agreement under which he receives continued base salary through September 30, 2026 and accelerated vesting of 96,721 restricted stock units granted in August 2025, while other unvested equity is forfeited.
McGurn, an advisor to the company since December 2024 with extensive digital media and SPAC experience, signed a nine‑month Employment Agreement providing a $125,000 monthly base salary and 146,198 RSUs vesting monthly over the initial term, with full vesting and continued salary through that term if terminated without cause. Afterward, the company may continue his role month‑to‑month, or engage him under a 12‑month consulting agreement at $50,000 per month. The board also appointed Meredith O’Rourke and Boris Epshteyn as new directors. The filing reiterates a previously announced proposed business combination to form a digital asset treasury company, referencing expected funding of $1 billion in Cronos tokens, $200 million in cash, $220 million in mandatory exercise warrants and a $5 billion equity line of credit.
Trump Media & Technology Group Corp. submitted a Form 144 disclosing securities activity tied to a restricted stock lapse. The filing lists 2,600 shares of Common stock associated with a Restricted Stock Lapse dated 03/04/2026. The filing also reports a sale of 2,500 shares on 04/22/2026 by Eric Swider.
Trump Media & Technology Group Corp. submitted a Form 144 notice reporting proposed sales of common stock through Charles Schwab & Co., Inc. The filing lists a total of 2,500 shares and shows restricted stock lapses of 91 shares on 11/13/2025 and 2,409 shares on 03/04/2026. The filing date shown is 04/22/2026.
Trump Media & Technology Group Corp. reported that director Eric Swider resigned from its Board of Directors, effective April 6, 2026. The company stated that his resignation did not arise from or relate to any dispute with management or the Board and expressed appreciation for his service.
Trump Media & Technology Group Corp ownership disclosure: The Vanguard Group amended its Schedule 13G to report 0 shares beneficially owned and 0% of the common stock as of the filing. The amendment explains an internal realignment effective January 12, 2026 that caused certain Vanguard subsidiaries to report separately.