US EditionTrump Media gifts DJT shares to FBI pick Kash Patel, Linda McMahon and president’s son: Report
- Trump Media & Technology Group awarded shares valued at over $825,000 to its directors, including Kash Patel and Linda McMahon, who are awaiting confirmation for key government positions.
- Each director received nearly 26,000 shares as part of a stock grant, with 25% immediately vested for sale.
- The stock awards were disclosed after Patel's Senate confirmation hearing, where he faced questions about his past comments on the January 6 Capitol riots.
- Trump Media announced plans to expand into financial services, raising concerns about potential conflicts of interest for its board members.
19 Articles
19 Articles
Trump Media grants large amounts of stock to directors, including two who are Trump administration nominees
Trump Media & Technology Group this week gave its directors blocks of shares currently worth just over $825,000 – including to Kash Patel and Linda McMahon, two of President Donald Trump’s key nominees to serve in his administration.
Trump Media's $800K gifts to top Cabinet picks spark new ethics concerns: report
Two of Donald Trump’s top cabinet nominees Kash Patel and Linda McMahon were both gifted stock from the president’s social media startup valued at more than $800,000, regulatory filings reviewed by Politico revealed. Patel – Trump’s selection to run the FBI, and McMahon, who was tapped to lead the E...
Trump Media Grants Administration Nominees Patel, McMahon Restricted Stock
Trump’s FBI director nominee Kash Patel and Department of Education nominee Linda McMahon each received nearly 26,000 restricted shares, worth approximately $820,000 based on the stock’s closing price of $31.60 on Thursday. They can immediately access 25% of those shares.
Trump Media Gifts Stock to Two Trump Nominees
Trump Media this week gifted thousands of shares of company stock to President Donald Trump’s nominee for FBI director, Kash Patel, Donald Trump Jr. and the president’s pick for Education secretary, Linda McMahon, who all serve as Trump Media directors, CNBC reports.
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