XML 35 R22.htm IDEA: XBRL DOCUMENT v3.25.3
STOCK BASED COMPENSATION
9 Months Ended
Sep. 30, 2025
STOCK BASED COMPENSATION [Abstract]  
STOCK BASED COMPENSATION
NOTE 15 – STOCK BASED COMPENSATION

2024 Equity Incentive Plan

At our Annual Meeting of Stockholders on April 30, 2025, our stockholders approved our amended and restated 2024 Equity Incentive Plan to automatically increase the available share pool each January 1 commencing in 2026 through 2034 by an amount equal to 5% of the total number of shares of common stock outstanding as of the prior December 31, each year.  The name of the 2024 Plan has been updated to the Trump Media & Technology Group Corp. 2024 Equity Incentive Plan and the applicable governing law has been updated to the laws of the State of Florida.

The following table summarizes stock award activity:
   
Number of Shares of
Common Stock
   
Weighted Average
Grant-Date Fair
Value
   
Aggregate Fair
Value
 
Outstanding at January 1, 2025
   
1,821,015
   
$
33.94
     
-
 
Granted: RSUs
   
2,248,094
     
25.72
     
-
 
Vested
   
(1,311,177
)
   
32.89
     
-
 
Forfeited
   
(85,406
)
   
29.66
     
-
 
Outstanding at September 30, 2025
   
2,672,526
   
$
27.93
   
$
43,882.9
 

The aggregate fair value of awards that vested in the three and nine months ended September 30, 2025 was $4,083.0 and $29,442.9, respectively, which represents the market value of our common stock on the date that the RSUs vested. The number of RSUs vested includes shares of common stock that we withheld from employees to satisfy the minimum statutory tax withholding requirements.

As of September 30, 2025, unrecognized compensation expense related to non-vested equity grants was $70,463.7 with an expected remaining weighted-average recognition period of approximately 1.88 years.