Trump Media's CFO Sells Nearly 20,000 Shares After the Company's Crypto Business Combination Collapsed
The Truth Social operator reported a notable insider sale amid a 54% drop in share price over the past 12 months.
Overview
Phillip Juhan, Chief Financial Officer of Trump Media & Technology Group Corp. (NASDAQ:DJT), reported the disposition of 18,817 shares on August 13, 2026 per the SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average sale price ($8.33); post-transaction value based on August 13, 2026 market close ($8.30).
Details
Trump Media & Technology Group Corp., founded in 2021 and headquartered in Sarasota, Florida, operates Truth Social as its primary digital asset. With a market cap of $2.3 billion and minimal revenue generation of $4.5 million over the trailing 12 months, the company remains in an early-stage development phase with substantial operating losses.
Source
Originally published at www.fool.com.