Trump Media co-founder and former ‘Apprentice' contestant dumps about $100 million worth of stock [Yahoo! Finance]
Trump Media & Technology Group Corp. (DJT)
Company Research
Source: Yahoo! Finance
United Atlantic Ventures, managed by Trump Media & Technology Group co-founder Andy Litinsky, now owns just 100 shares in the company, according to regulatory filings released on Thursday. That is down from just over 7.5 million shares that the firm owned as of late March. An attorney for United Atlantic Ventures did not immediately respond to a request for comment. The share sale is not shocking given that Litinsky and Trump Media have been mired in a legal battle over the shares. Litinsky was a contestant on Trump's NBC show “The Apprentice,” which helped burnish Trump's persona as a successful businessman. Insiders were prohibited from selling shares in Truth Social owner Trump Media by lock-up restrictions, which appear to have lifted The big question had been whether Trump himself would sell some or all of his dominant stake in the company, but the former president declared earlier this month he will not be selling. Trump owns 114.75 million shares in Trump Media, ac
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DJT
News
- Trump Media & Technology Group (DJT) Stock: Speculation-Driven Valuation Make it a Sell [Yahoo! Finance]Yahoo! Finance
- Trump's Business Partners Are Dumping Their Stock as Fast as They Can [Yahoo! Finance]Yahoo! Finance
- Ex-'Apprentice' Contestants Dump Nearly All Of Their Shares In Trump Media [Yahoo! Finance]Yahoo! Finance
- Andy Litinsky and Wes Moss Have Unloaded Their Trump Media Stock [The New York Times]The New York Times
- Trump Media co-founder and former ‘Apprentice' contestant dumps about $100 million worth of stock [CNN]CNN
DJT
Sec Filings
- 9/26/24 - Form SC
- 9/25/24 - Form 4
- 9/6/24 - Form EFFECT
- DJT's page on the SEC website