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Kash Patel, nominated for the president of the United States, Donald Trump, will be director of the FBI, observes while testifying before a confirmation hearing of the Senate Judicial Committee on Capitol Hill in Washington, USA, UU., January 30, 2025.
Evelyn Hockstein | Reuters
Trump Media This week he gave thousands of shares of the company to the president Donald Trumpnominated for director of the FBI, Kash PatelTrump’s eldest son and four others Board membersnew Regulatory files show.
The company granted 25,946 shares each to Patel, Donald Trump Jr. and the Secretary of Selection of the President for Education, Linda McMahon, who serve as Trump media DirectorsThey reveal Thursday’s presentations.
Three other directors: former US trade representative. Robert LighthizerEric Swider and Kyle Green: They received the same number of non -cost DJ shares, according to Bag and Securities Commission filings.
The presentations said the awards were awarded on Tuesday. Trump Media that day closed the negotiation at $ 30.04 per share.
At that price, the shares have a paper value of more than $ 779,400. But most of the actions granted have restrictions on what can be sold.
DJT was quoted at around $ 31.50 per share from 2:30 pm and Friday.
The presentations said the actions were granted “as a consideration for the services provided” between the end of March, when Trump Media became public after completing a fusion with a blank verification company, and on December 25.
Revelations occur when critics say that President Trump’s financial tangers and recent commercial companies pose conflicts of interest For members of your administration.
The actions awards were made public hours after Patel appeared for a Senate audience In its nomination to lead the FBI, the main agency for the application of the United States Law.
Trump Media, which operates the social application of Truth, announced Wednesday that it was expanding to Financial services.
Weeks after winning the presidential elections, Trump transferred its majority participation In Trump Media to his revocable trust. Trump is the only beneficiary of the trust, and Trump Jr. is his only administrator.
The new SEC presentations said that the actions granted on Tuesday to the six members of the Board are units of restricted shares that will be granted in installments.
Twenty -five percent of the RSU awarded, around 6,487 actions per director, immediately acquired, which means that they can be sold at any time. The paper value of these shares was almost $ 195,000 from the closing trade on Tuesday.
The remaining 75% of the RSU will be granted in nine quarterly installments for two years as of March 25.
Trump Media did not respond immediately to the request for comments from CNBC.
