Trump to receive bonus worth $1.2bn for Trump Media stock performance
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DJT: Trump receives 36 million shares of Trump Media worth $1.8 billion as earnout bonus
The shares were part of a contractual "earnout bonus" that Trump's eponymous media company agreed to shortly before it went public in March.
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Donald Trump set to receive $1.25 billion worth of Trump Media stock in DJT earnout bonus
Former President Donald Trump is already the majority shareholder in Trump Media, which trades under the ticker DJT.
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Trump awarded another $1.8 billion worth of Trump Media stock
Former President Donald Trump has secured an additional $1.8 billion worth of shares in Trump Media, according to a regulatory filing this week. Based on the company’s stock hitting certain price benchmarks, Trump was awarded an additional 36 million shares in the company that owns his social media platform Truth Social. That brings his total ownership to more than 114 million shares, which based on Wednesday morning’s stock price, are worth $5.7 billion. For now, the value of those shares...