Novachki Vladimir 4
4 · Trump Media & Technology Group Corp. · Filed May 27, 2026
Research Summary
AI-generated summary of this filing
Trump Media (DJT) CTO Vladimir Novachki Receives RSUs; Sells 18,249 Shares
What Happened
Vladimir Novachki, Chief Technology Officer of Trump Media & Technology Group (DJT), was granted 373,216 restricted stock units (RSUs) and simultaneously had 18,249 shares disposed of on May 27, 2026 to cover tax withholding. The disposed shares were reported at a weighted-average price of $8.47, aggregating to $154,658; the sale prices ranged from $8.2550 to $8.7750. The RSUs were reported at $0.00 (typical for awards) and represent the contingent right to receive one share each subject to the RSU terms.
Key Details
- Transaction date: 2026-05-27 (reported same day).
- Disposition: 18,249 shares, weighted average price $8.47, total value $154,658. Multiple sale prices between $8.2550 and $8.7750 (footnote).
- Acquisition: 373,216 RSUs granted at $0.00 (no immediate cash cost).
- Vesting: RSU award vests in 12 substantially equal quarterly installments, fully vesting on March 25, 2029.
- Footnotes: disposal was solely to cover withholding taxes paid by the issuer; no cash proceeds were received by the reporting person. Some reported securities are RSUs (contingent rights).
- Shares owned after transaction: not specified in the filing.
- Filing timeliness: filed for the same reporting date (not indicated as late).
Context
This was an equity award (RSUs) combined with a routine tax-withholding disposition. RSUs are not immediate free shares — they convert to common stock as they vest per the schedule noted. The small sale was a tax-withholding action (code F), not an open-market sale for profit; the filing shows no cash proceeds to the insider from that disposition.
Insider Transaction Report
- Tax Payment
Common Stock, par value $0.0001 per share
[F1][F2][F3]2026-05-27$8.47/sh−18,249$154,658→ 570,985 total - Award
Common Stock, par value $0.0001 per share
[F4][F3]2026-05-27+373,216→ 944,201 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.