Candidate Kash Patel, a candidate for US President Donald Trump’s Director FBI, has testified on January 30, 2025 before confirming the Senate judicial committee in Washington’s Capitol Hill. 。
EVELYN HOCKSTEIN | Reuters
Trump media This week, he gave thousands of company shares to Donald Trump’s candidate Kash Patel, a FBI director of Donald Trump, to Trump’s eldest son and four other members of the Board of Directors. Regulation submission show.
The company has awarded 25,946 shares of Patel, Donald Trump Gr., and President Linda McMahon, President Linda McMahon. directorSubmit has been revealed on Thursday.
The other three directors -former US trade representative Robert Light Haiser, Eric Sw orderer, and Kyle Green received the same DJT shares for free. Securities and Exchange Commission Submit.
The submission stated that the award was approved on Tuesday. On that day, Trump Media finished trading for $ 30.04 per share.
At that price, the value of stock paper is more than $ 779,400. However, most of the awarded shares are limited to those that can be sold.
As of Friday, DJT was traded for about $ 31.50 per share.
The application stated that the shares were given in late March “as a study of the provided services.” When Trump Media was released on December 25 after completing the merger with a blank check company.
The disclosure comes to say that the critics say that President Trump’s financial entanglement and recent business ventures will poses. Conflict of interest For members of his administration.
The stock award was held a few hours after Patel appeared. Senate hearing About his nomination, led by the FBI, the best law executive organization in the United States.
Trump media, which runs a true social app, has announced that it will expand its financial service on Wednesday.
A few weeks after winning the presidential election, Trump has relocated to the majority of Trump media shares. Trump is the only beneficiary of the trust, and Trump Jr. is the only trustee.
The new SEC submission documents stated that the shares given to the six members of the Board of Directors on Tuesdays are limited stock units given to installment payments.
25 % of the awarded RSU (approximately 6,487 per director) will immediately determine the right. In other words, it can be sold at any time. The value of these stock paper was near $ 195,000 on Tuesday closed trade.
The remaining 75 % of the RSU will be granted to nine quarterly payments over two years from March 25.
Trump media did not respond immediately to CNBC comments.
