Trump Media Gives Stock Awards to Two of President’s Nominees

Trump Media & Technology Group Corp. awarded restricted stock grants worth hundreds of thousands of dollars to two of President Donald Trump’s appointees.

Kash Patel, his pick to lead the Federal Bureau of Investigation, and Linda McMahon, his nominee for Education secretary, each received 25,946 restricted shares of Trump Media earlier this week, according to corporate filings Thursday. Both sit on the social media company’s board of directors.

The awards were worth more than $800,000 apiece based on the company’s share price Friday. A quarter of each award is accessible immediately, with the remainder becoming available in ...