Trump Media & Technology Group Corp.·4

May 27, 8:53 PM ET

Glabe Scott 4

Research Summary

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Updated

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.