Trump closing in on being able to sell his shares of Truth Social's parent company. But will he?

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Trump closing in on being able to sell his shares of Truth Social's parent company. But will he?
Corporate Management,Trump Media Technology Group,Business

Donald Trump has more than last night’s debate with Vice President Kamala Harris on his mind, as the former president can start selling shares of Truth Social’s parent company next week if he wants when a lockup provision ends. The first day that Trump can begin selling shares of Trump Media & Technology Group Corp.

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Republican presidential nominee former President Donald Trump speaks to reporters in the spin room after a presidential debate with Democratic presidential nominee Vice President Kamala Harris, Tuesday, Sept. 10, 2024, in Philadelphia. with Vice President Kamala Harris on his mind, as the former president can start selling shares of Truth Social’s parent company next week if he wants when a lockup provision ends.

The first day that Trump can begin selling shares of Trump Media & Technology Group Corp., if he chooses to do so, is Sept. 19. A lockup provision generally prevents company insiders from selling newly issued shares for six months.

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