Trumps Media Gifts DJT DIE FBI Select Kash Patel
Kash Patel, US President Donald Trump’s candidate to be director of the FBI, watching as he testifies before hearing the Senate Judicial Committee at Capitol Hill in Washington, US, January 30, 2025.
Evelyn Hockstein | Reuters
Trump media This week gifted thousands of shares of the company’s stock president Donald TrumpCandidate for FBI Director, Kash PatelTrump’s oldest son and four others Committee membersnew regulatory applications show.
The company awarded 25,946 shares of the patella shares, Donald Trump Jr. And the president’s choice for education, Linda McMahon, who all serve as Trump’s media directorsPosting on Thursday reveals.
Three other directors – a former US trade representative Robert LighthizerEric Swider and Kyle Green – received the same number of DJT shares at no costs, according to Securities sawdust.
The submission said the prizes were awarded on Tuesday. Trump media closed trading in the amount of $ 30.04 per share that day.
At this price, the shares have a paper value of more than $ 779,400. But most of the assigned shares have restrictions on what can be sold.
DJT traded in the amount of about $ 31.50 per section from 2:30 pm on Friday.
The submission said that the shares were approved “as consideration of the services provided” between the end of March-where the Trump media went public after completing the merger with the empty check of the company on December 25.
Discoveries come that critics say that the financial plot of President Trump and a recent business venture Conflict of interest for members of his administration.
Share awards were published public for hours after the patel appeared for Senate hearing On the nomination to run the FBI, the main US agency for law enforcement.
Trump media, which manages the social application of truth, on Wednesday announced that it is expanding in financial services.
Weeks after winning the presidential election, Trump conveyed its majority share In Trump’s media, his confrontation confidence. Trump is the only user of trust, and Trump Jr. He is the only guardian.
New SEC submissions said the shares were allocated on Tuesday for six members of the Committee of a limited section that would be determined in installments.
Twenty-five percent of RSU-A-OKO 6,487 shares by director-Dadmah has been awarded, which means they can be sold at any time. The value of these shares was almost $ 195,000 from the final store on Tuesday.
The remaining 75% of RSUS will improve in nine three -month installments over two years starting on March 25.
Trump media did not immediately respond to the request of the CNBC for comment.