Kash Patel, the candidate of US President Donald Trump as director of the FBI, looks at how he said before a hearing from the Justice Committee of the Senate of the Senate about Capitol Hill in Washington, USA, January 30, 2025.
Evelyn Hockstein | Reuters
Trump Media This week, President Donald Trump's candidate gave thousands of shares in the company shares for the FBI director, Kash Patel for the eldest son of Trump and four other board members.
The company awarded Patel, Donald Trump Jr., and the selection of the President for Education Minister Linda McMahon, all of whom act as Trump media directors, each 25,946 shares.
Three other directors – former American sales representative Robert Lighthizer, Eric Swider and Kyle Green – received the same number of DJT shares, according to securities and Exchange Commission.
The submissions said that the awards were granted on Tuesday. Trump Media on this day closed the trade at $ 30.04 per share.
At this price, the shares have a paper value of more than $ 779,400. However, most of the shares granted contains restrictions on what it can be sold.
DJT was traded at around $ 31.50 per share from 2:30 p.m. ET on Friday.
In the submissions, the share was granted “as a test for services” that went to the stock exchange between the end of March-as Trump-as Trump Media after completing a merger with a company with blank check and on December 25th.
The disclosures come, as critics say that President Trump's financial entanglements and youngest business companies are conflicting interests for members of his administration.
The stock prices became public hours after Patel had appeared for a hearing from the Senate for his nomination in order to lead the FBI, the top US criminal investigation authority.
Trump Media, which operates the social app of truth, announced on Wednesday that she was expanding to financial services.
Weeks after winning the presidential election, Trump handed over his majority stake to Trump Media to his revocable trust. Trump is the only beneficiary of the trust, and Trump Jr. is the only trustee.
The new SEC submissions say that the stocks that are limited to the six board members on Tuesday to the six board members are transmitted in installments.
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25 percent of the RSUS-ETWA awarded 6,487 shares Pro Director Wurden immediately classified, which means that they can be sold at any time. The paper value of these shares was almost 195,000 US dollars on Tuesday.
The remaining 75% of the RSUS will be broadcast in nine quarterly installments in two years from March 25th.
Trump Media did not immediately respond to CNBC's request for a comment.
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