Trump Moves All His DJT Shares Into Revocable Trust

The president-elect was the dominant shareholder and possessed nearly 115 million DJT shares.

A phone screen displays the Truth Social app in Washington, on Feb. 21, 2022. Stefani Reynolds/AFP via Getty Images

President-elect Donald Trump has transferred his entire stake in Trump Media & Technology Group to a revocable trust, according to a Dec. 19 regulatory filing.

The document filed with the Securities and Exchange Commission described the transaction as a gift, with Trump receiving no money for the transfer of his nearly 115 million Trump Media shares to Donald J. Trump Revocable Trust.