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Donald Trump, DJT stock
Donald Trump receives earnout bonus worth $1.8 billion in DJT stock
Trump's ownership stake in Trump Media & Technology group now stands at $5.7 billion, buoyed by a rise in the stock's price.
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.
Donald Trump nabs additional $1.2 billion 'earnout' bonus from DJT stock
Trump is entitled to an additional 36 million shares if the company's share price trades above $17.50 "for twenty out of any thirty trading days" over the next three years.
CBS News
10d
Donald Trump is about to become $1.2 billion richer. Here's why.
Donald Trump is about to see his fortune grow by $1.2 billion. The former U.S. president is set to receive a so-called
earnout
bonus
of 36 million shares in his newly public company, Trump Media ...
2d
on MSN
Trump's Media Company Hands Ex-President 36M DJT Shares Worth $1.8B, Pushing His Stake Beyond $5.7B
The agreement, which had three benchmarks set over 36 months, allowed the shares to be awarded in 9 million share increments.
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