Trump Media & Technology Group Corp.·4

May 27, 8:46 PM ET

Novachki Vladimir 4

Research Summary

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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.