Glabe Scott 4
4 · Trump Media & Technology Group Corp. · Filed May 13, 2026
Research Summary
AI-generated summary of this filing
Trump Media (DJT) GC Scott Glabe Sells 12,965 Shares
What Happened Scott Glabe, General Counsel and Secretary of Trump Media & Technology Group (DJT), had 12,965 shares disposed on May 13, 2026. The filing shows a weighted average price of $8.75 for the shares, totaling approximately $113,479. The transaction is reported as a disposition to satisfy withholding obligations rather than a voluntary open-market sale for cash.
Key Details
- Transaction date: 2026-05-13; filing date/accession: 2026-05-13 (no late filing indicated in the provided data).
- Shares disposed: 12,965; weighted average price: $8.75; total value reported: $113,479.
- Price range: shares were disposed in multiple transactions at prices between $8.57 and $9.03 (per footnote F2).
- Transaction code: F — withholding to cover tax liability (footnote F1). No cash proceeds were received by the reporting person from this disposition.
- Related equity type: Some reported securities are RSUs (restricted stock units) that convert to shares under the company’s equity plan (footnote F3).
- Shares owned after the transaction: not specified in the provided filing.
Context This was a routine tax-withholding disposition (often called a “sell-to-cover”) associated with RSU vesting, not a directional buy/sell signal by the insider. Footnote details confirm the company handled withholding payments to taxing authorities and the reporting person received no net cash from the disposition. For retail investors, such transactions are common when RSUs vest and do not necessarily indicate insider confidence or concern about the company’s outlook.
Insider Transaction Report
- Tax Payment
Common Stock, par value $0.0001 per share
[F1][F2][F3]2026-05-13$8.75/sh−12,965$113,479→ 304,227 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 $8.5700 to $9.0300, 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.