Trump Media & Technology Group (DJT) Chief Financial Officer (CFO) Phillip Juhan recently adopted a trading plan to sell as much as $13 million U.S. of shares in the company that runs the Truth Social platform.
Juhan has adopted a Rule 10b5-1 plan to sell a total of 400,000 shares from this November through to December 2025.
Based on Friday’s closing price of $31.91 U.S., those shares are currently valued at $12.8 million U.S.
Trump Media disclosed the stock sale in a filing it is required to make with the U.S. Securities and Exchange Commission (SEC).
Company insiders use 10b5-1 plans to remove the appearance of bias or profiting from insider information. Plans execute trades automatically when preset conditions such as price and volume are met.
Juhan’s most recent sale of Trump Media stock occurred on Nov. 5 when he sold 244,739 shares valued at $7.3 million U.S. He still owns a total of 649,798 Trump Media shares.
Trump Media stock, which is majority owned by Donald Trump, remains extremely volatile and prone to big price swings.
Since Trump won the U.S. election, DJT stock has risen 5% and currently trades at $31.91 U.S. per share.