Trump Media CTO Sells 29,957 Shares for Taxes as DJT Stock Sits 54% Lower

1 articles · Updated · Yahoo Finance · Aug 14

29,957 Trump Media shares were automatically disposed of by CTO Vladimir Novachki on Aug. 13 to cover tax withholding tied to restricted stock unit vesting.
SEC Form 4 shows the sale was non-discretionary and generated no cash proceeds for Novachki, with the shares sold at a weighted average price of $8.33 for $249,542.
914,244 shares remain in Novachki's direct holdings after the transaction, leaving him with about a 0.33% stake valued at roughly $7.6 million at the Aug. 13 close.
Trump Media's stock has fallen 54% over the past 12 months; the company had a market value of about $2.3 billion, trailing-12-month revenue of $4.5 million and a net loss of $1.3 billion.