Form 4: Trump Media & Technology Group Corp. General Counsel Sells Shares to Cover Tax Withholdings

Scott Glabe, General Counsel and Secretary of Trump Media & Technology Group Corp., disposed of shares to cover tax withholding obligations on May 14, 2025.

Summary

• On May 14, 2025, Scott Glabe, the General Counsel and Secretary of Trump Media & Technology Group Corp. (DJT), sold shares of common stock to cover the company's withholding payments to applicable taxing authorities.
• The sales were executed in multiple transactions at varying prices.
• A total of 45,585 shares were sold at weighted average prices ranging from $26.4114 to $27.4256.
• Following these transactions, Glabe directly owns 239,503 shares of common stock, some of which are restricted stock units (RSUs).

Sentiment

Score: 5

Explanation: The document describes a routine transaction (selling shares to cover tax obligations), so the sentiment is neutral.

Industry Context

Sales of shares to cover tax obligations are a routine part of executive compensation, particularly when dealing with equity-based compensation.

Stakeholder Impact

• The sale of shares by an executive could have a minor impact on shareholders due to the increased supply of shares in the market, but the impact is likely to be minimal given the relatively small number of shares involved.

Key Dates

Keywords

Form 4, DJT, Trump Media & Technology Group Corp., Scott Glabe, Share Sale, Tax Withholding, Restricted Stock Units, General Counsel, Secretary