Glabe Scott 4
4 · Trump Media & Technology Group Corp. · Filed May 27, 2026
Research Summary
AI-generated summary of this filing
Trump Media (DJT) GC Glabe Scott Receives RSU Award; Sells Shares
What Happened
Glabe Scott, General Counsel and Secretary of Trump Media & Technology Group Corp. (DJT), was granted 329,308 Restricted Stock Units (RSUs) on 2026-05-27 and, on the same date, had 21,492 shares disposed of to cover tax withholding. The disposed shares were reported at a weighted average price of $8.47 for total withholding of $182,132; the RSU grant shows an acquisition value of $0 on the Form 4 because these are contingent awards.
Key Details
- Transaction date: 2026-05-27 (report filed same date).
- Sale (tax withholding): 21,492 shares disposed, weighted average price $8.47, total $182,132; prices in the disposals ranged from $8.2550 to $8.7750. (Footnote: no cash proceeds were received by the reporting person; shares were surrendered/covered for withholding.)
- Grant (award): 329,308 RSUs acquired at $0 (award/ grant code A).
- Vesting: RSU award vests in 12 substantially equal quarterly installments and will be fully vested as of March 25, 2029.
- Footnotes: F1 (withholding by issuer; no cash proceeds to insider), F2 (weighted avg price; multiple sale prices), F3/F4 (RSUs representing contingent rights to common stock and vesting schedule).
- Filing timeliness: Reported for the transaction date and filed on the same day (no late filing indicator).
Context
- RSUs are not immediate share purchases; they represent a contingent right to receive shares subject to vesting. The simultaneous disposal was a tax-withholding action (common when awards vest or are settled), not an open-market directional sale for cash.
- Transaction codes: A = award/grant (RSUs); F = disposition to satisfy tax withholding.
Insider Transaction Report
Form 4
Glabe Scott
General Counsel and Secretary
Transactions
- Tax Payment
Common Stock, par value $0.0001 per share
[F1][F2][F3]2026-05-27$8.47/sh−21,492$182,132→ 282,735 total - Award
Common Stock, par value $0.0001 per share
[F4][F3]2026-05-27+329,308→ 612,043 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 $8.7750, 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