Bernhardt David Longly 4
Research Summary
AI-generated summary
Trump Media (DJT) Director David Longly Receives RSU Award
What Happened
David Longly, a director of Trump Media & Technology Group Corp. (DJT), received a grant of 23,600 restricted stock units (RSUs) on June 19, 2026. The RSUs were reported as an award/acquisition at $0.00 per share (no cash paid at grant). Each RSU represents the contingent right to receive one share of common stock subject to the award agreement and the company’s equity plan.
Key Details
- Transaction date and type: 2026-06-19 — Award/Grant (coded A) at $0.00 per RSU.
- Quantity: 23,600 RSUs granted.
- Shares owned after transaction: Not specified in the provided filing.
- Vesting/settlement (from footnotes): 25% of the RSUs vest in four substantially equal quarterly installments beginning June 25, 2026 and ending March 25, 2027; settlement upon vesting is subject to the RSU award agreement and the Issuer’s 2024 Amended & Restated Equity Incentive Plan (see footnotes F1–F3).
- Filing timeliness: Report filed 2026-06-23; based on the reported transaction date (6/19) this filing appears to be within the Form 4 two-business-day requirement.
Context
RSU grants are a form of compensation that give the holder a contingent right to receive shares if and when vesting conditions are met; they are not the same as an open-market purchase. Such awards are common for executives and directors and do not by themselves indicate buying or selling sentiment.