Juhan Phillip 4
4 · Trump Media & Technology Group Corp. · Filed May 27, 2026
Research Summary
AI-generated summary of this filing
Trump Media (DJT) CFO Juhan Phillip Receives 329,308 RSU Award
What Happened
- Juhan Phillip, CFO and Treasurer of Trump Media & Technology Group Corp. (DJT), was granted 329,308 restricted stock units (RSUs) on May 27, 2026 (reported as an award at $0.00). On the same date 17,355 shares were disposed of to cover tax withholding obligations at a weighted average price of $8.47, generating proceeds of $147,037 that were paid to taxing authorities (no cash proceeds to the insider).
- The RSUs are contingent rights to receive common stock under the company’s 2024 Equity Incentive Plan; they will vest in 12 substantially equal quarterly installments and be fully vested by March 25, 2029.
Key Details
- Transaction date: 2026-05-27 (grant and withholding sale).
- Grant: 329,308 RSUs reported at $0.00. Withholding sale: 17,355 shares, weighted average price $8.47; sale prices ranged $8.2550–$8.7500 (filing says full breakdown available on request).
- Shares owned after transaction: not specified in this filing.
- Notable footnotes: sale was solely to cover withholding taxes (no cash to reporting person); RSUs subject to vesting terms under company plan; vesting schedule ends March 25, 2029.
- Timeliness: filing reports the transactions on the same date (no late filing indicated).
Context
- RSU grants are compensation awards, not open-market purchases, and do not necessarily reflect a personal bullish signal. The simultaneous sale was a routine, tax-withholding transaction (cashless in effect) rather than a discretionary sale for cash. Transaction codes: A = award/grant, F = tax withholding.
Insider Transaction Report
Form 4
Juhan Phillip
CFO and Treasurer
Transactions
- Tax Payment
Common Stock, par value $0.0001 per share
[F1][F2][F3]2026-05-27$8.47/sh−17,355$147,037→ 271,258 total - Award
Common Stock, par value $0.0001 per share
[F4][F3]2026-05-27+329,308→ 600,566 total
Footnotes (4)
- [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 $8.2550 to $8.7500, 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 (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.
- [F4]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.
Signature
/s/ Nelson Mullins Riley & Scarborough LLP, Attorney-in-Fact|2026-05-27