Glabe Scott 4

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.