Trump Media (DJT) Interim CEO Kevin McGurn Surrenders 16,509 Shares

What Happened

• Kevin McGurn, Interim CEO of Trump Media & Technology Group (DJT), had 16,509 shares disposed of on August 13, 2026 to satisfy tax withholding obligations. The shares were reported at a weighted average price of $8.33, totaling approximately $137,441. No cash proceeds were received by Mr. McGurn for this disposition.

Key Details

• Transaction date: 2026-08-13 (filed the same day).
• Transaction type/code: F — payment of exercise price or tax liability (shares surrendered to cover taxes).
• Shares disposed: 16,509; weighted average price reported $8.33 (actual sale prices ranged $8.15–$8.49).
• Total value: about $137,441 (based on the weighted average).
• Footnotes: F1 — transaction solely to cover withholding; no cash to reporting person. F2 — price is weighted average across multiple disposition prices. F3 — some securities arose from RSUs (restricted stock units subject to vesting and plan terms).
• Shares owned after transaction: not disclosed in the excerpt provided.

Context

• This was a tax-withholding disposition (commonly called a cashless or share-surrender to cover taxes) tied to equity awards (RSUs), not an open-market sale for personal cash. Such withholding transactions are routine and generally do not signal a change in the insider’s view of the company.