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Trump Media Gifts DJT shares the FBI Kash Patel team

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 actions to the candidate of President Donald Trump for the director of the FBI, Kash Patel, Trump’s eldest son and four other members of the Board, new. Regulatory files show.

The company granted 25,946 shares each A Patel, Donald Trump Jr. and the president’s election for the Secretary of Education, Linda McMahon, who serve as Trump’s average. DirectorsThey reveal Thursday’s presentations.

According to the same United States trade representative, Robert Lighthizer, Eric Swider and Kyle Green, 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 when it can be sold.

DJT was quoted at around $ 31.50 per share from 2:30 pm et on 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 the president’s financial tangles and recent commercial companies raise 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 Truth social application, announced Wednesday that it was expanding to financial services.

Weeks after winning the presidential elections, Trump transferred his 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 present 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.

Read more CNBC political coverage

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.

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