Overview

• Trump Media disclosed in a securities filing that insiders, including the Donald J. Trump Revocable Trust, could sell up to 134 million shares of stock.
• The filing warned that the potential sale of insider shares could significantly impact the stock's trading price, contributing to a 6% drop in morning trading.
• The company stated that the filing does not indicate immediate plans for insider sales and described it as a routine re-registration of shares previously registered in June 2024.
• The Donald J. Trump Revocable Trust holds over 114 million shares, valued at more than $2 billion, tying the company's fortunes closely to the former president.
• Trump Media continues to face financial challenges, reporting less than $4 million in revenue and a $401 million net loss in 2024, while planning future expansion into financial services.