McGurn Kevin 4
4 · Trump Media & Technology Group Corp. · Filed May 21, 2026
Research Summary
AI-generated summary of this filing
Trump Media (DJT) Interim CEO Kevin McGurn Sells 8,878 Shares
What Happened
Kevin McGurn, Interim CEO of Trump Media & Technology Group (DJT), had 8,878 shares disposed on 2026-05-21 to satisfy tax withholding related to equity awards. The transaction is reported as a disposition at a weighted average price of $8.00, representing proceeds of about $71,038; the reporting person did not receive cash proceeds (shares were used to cover withholding).
Key Details
- Transaction date: 2026-05-21. Report filed same day (timely).
- Shares disposed: 8,878 at a weighted average price of $8.00; reported price range $7.9350–$8.1000.
- Reported value: approximately $71,038.
- Shares owned after transaction: not specified in the provided filing excerpt (see Form 4 for full holdings).
- Footnotes: F1 indicates the disposition was solely to cover withholding taxes and no cash proceeds were received; F2 notes the weighted-average price and that disposals occurred at multiple prices within the stated range; F3 confirms some securities were Restricted Stock Units (RSUs) that convert to shares subject to vesting terms.
Context
This was a tax-withholding (sell-to-cover) transaction tied to equity compensation (RSUs), a common administrative step when awards vest. It reflects a withholding event rather than an open-market investment decision by the insider.
Insider Transaction Report
- Tax Payment
Common Stock, par value $0.0001 per share
[F1][F2][F3]2026-05-21$8.00/sh−8,878$71,038→ 137,320 total
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 $7.9350 to $8.1000, 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.