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International Business Times
International Business Times
Business
Vidhya Ck

Top Execs At Trump Media Sell Over $16 Million In Company Stock After Election

Trump Media, the company behind the Truth Social app, has a market value of $6.3 billion, though it generated just over $1 million in revenue during the third quarter of this year. (Credit: AFP)

The chief financial officer of Trump Media, along with two other executives, sold over $16 million in company stock during the week after the presidential election, according to newly released disclosures.

CFO Phillip Juhan sold the majority of the company's stocks, while media director Eric Swider and general counsel and the company's secretary Scott Glabe each sold smaller amounts of the shares, CNBC reported.

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