Scott Glabe
About Scott Glabe
Scott Glabe, 41, has served as General Counsel of Trump Media & Technology Group (DJT) since April 2022 and is a seasoned investigations-and-compliance attorney; he was later listed as General Counsel and Secretary on company 8‑K filings in mid‑2025. He previously served as Acting Under Secretary for Policy at DHS (Jul 2020–Jan 2021), Associate Counsel to President Donald J. Trump (Feb–May 2019), and held senior legal/policy roles in the U.S. House (Apr 2015–Feb 2019). Earlier, he practiced at an international law firm (Oct 2013–Apr 2015), clerked for a federal appellate judge (Oct 2012–Sep 2013), and served as a U.S. Navy Reserve intelligence officer (Sep 2008–Jan 2020). He holds a J.D. from Yale Law School and a B.A. from Dartmouth; he was appointed to the President’s Intelligence Advisory Board in Feb 2025. Company pay-versus-performance disclosure shows DJT’s TSR value of an initial $100 investment at $116.67 in 2023 and $227.33 in 2024, alongside net losses of $58.189 million (2023) and $400.865 million (2024). Segment EBITDA was $(15.908) million in 2023 and $(76.260) million in 2024.
Past Roles
| Organization | Role | Years | Strategic impact |
|---|---|---|---|
| U.S. Department of Homeland Security | Acting Under Secretary for Policy | Jul 2020–Jan 2021 | Led ~200‑person team across cyber/infrastructure/risk; senior policy leadership during transition period |
| U.S. Department of Homeland Security | Multiple senior roles | May 2019–Jan 2021 | Advanced DHS policy functions prior to Acting Under Secretary role |
| The White House | Associate Counsel to the President | Feb 2019–May 2019 | Advised on executive branch legal matters |
| U.S. House of Representatives | Senior legal and policy roles | Apr 2015–Feb 2019 | Progressive leadership roles on Capitol Hill |
| International law firm (Washington office) | Attorney | Oct 2013–Apr 2015 | Private practice (litigation/investigations) |
| U.S. Court of Appeals | Federal appellate law clerk | Oct 2012–Sep 2013 | Judicial clerkship |
| U.S. Navy Reserve | Intelligence Officer (incl. inactive reserve) | Sep 2008–Jan 2020 | National security/intelligence experience |
External Roles
| Organization | Role | Years | Notes |
|---|---|---|---|
| Yorkville Acquisition Corp. | Director | Jun 2025–Aug 2025 | Served briefly as a director; biographical disclosure includes DJT tenure/education |
| President’s Intelligence Advisory Board | Member | Feb 2025–present | Appointment disclosed in DJT proxy bio |
Fixed Compensation
- Not disclosed. Scott Glabe was not a Named Executive Officer (NEO) in the 2024 Summary Compensation Table (NEOs were CEO Devin Nunes, CFO Phillip Juhan, and CTO Vladimir Novachki). As a result, base salary, target bonus, and actual bonus for Glabe were not reported.
Performance Compensation
| Incentive type | Grants to date | Vesting schedule | Notes |
|---|---|---|---|
| RSUs/Equity under 2024 Plan | 336,576 shares subject to awards granted since Plan inception through Feb 20, 2025 | Not disclosed for Glabe’s specific awards | Company states 2024 executive RSUs were time‑based; NEO RSUs granted Nov 5, 2024 vested 25% on Dec 25, 2024 with remaining 75% in nine substantially equal quarterly installments (fully vested by Mar 25, 2027). Director RSUs follow the same 25%/nine‑quarter schedule. A Dodd‑Frank-compliant clawback applies to awards. |
- Plan design and risk: DJT indicates executive equity awards are time‑based to promote retention; there is no disclosure tying Glabe’s awards to quantitative performance metrics (e.g., revenue/EBITDA/TSR).
Equity Ownership & Alignment
- Total beneficial ownership: Not individually reported for Glabe in the proxy’s beneficial ownership table, which enumerates nine directors/executive officers; therefore, his direct and indirect ownership as of Mar 11, 2025 is not disclosed in that table.
- Awards granted: 336,576 shares subject to awards under the 2024 Equity Incentive Plan since inception through Feb 20, 2025 (not necessarily currently outstanding).
- Hedging/pledging: DJT’s Insider Trading Policy prohibits hedging (puts, calls, swaps, exchange funds). The proxy does not disclose an explicit pledging prohibition; lock‑up agreements in effect post‑merger defined “Transfer” to include pledging during the lock‑up.
- Lock‑up: Company directors/officers’ lock‑up restrictions began Mar 25, 2024 and ended Sep 25, 2024 (also addressed in charter lock‑up provisions).
- Clawback: All stock awards under the 2024 Plan are subject to recoupment per exchange listing standards and applicable law.
Employment Terms
- Role and tenure: General Counsel since April 2022; identified as General Counsel and Secretary on DJT 8‑Ks in July/Aug 2025.
- Indemnification: DJT entered into indemnification agreements with each director and executive officer on Mar 25, 2024; bylaws provide for indemnification to the fullest extent permitted by law; Florida reincorporation documents provide for indemnification and advancement of expenses.
- Non‑compete and non‑solicitation: On Mar 25, 2024, each director and officer agreed to (i) a four‑year non‑compete with DJT’s social media/streaming businesses and (ii) a three‑year non‑solicitation of specified personnel.
- Severance/change‑in‑control: No executive employment agreement or severance/change‑in‑control terms are disclosed for Glabe in the proxy/10‑K; such terms are disclosed only for CEO/CFO/CTO.
Performance & Track Record (Company context during tenure)
| Metric | 2023 | 2024 |
|---|---|---|
| Total Shareholder Return – value of initial $100 | $116.67 | $227.33 |
| Net Loss ($USD Thousands) | $(58,189) | $(400,865) |
| Segment EBITDA ($USD Thousands) | $(15,907.8) | $(76,260.2) |
- Management disclosure notes limited advertising revenue through Truth Social and no advertising revenue yet through Truth+ (streaming) in 2024; DJT expects significant near‑term operating losses as it builds streaming and infrastructure operations.
Investment Implications
- Alignment and incentives: Glabe has received a meaningful equity grant footprint (336,576 plan awards granted since inception), which supports alignment; however, the plan emphasizes time‑based vesting rather than performance‑conditioned equity, reducing direct pay‑for‑performance linkage for legal leadership.
- Vesting and supply overhang: NEO and director RSUs from 2024 vest quarterly through Mar 2027, creating periodic issuance events; Glabe’s specific vesting cadence was not disclosed, but broader officer award schedules suggest ongoing vesting‑related supply could modestly pressure float around quarterly vest dates.
- Retention risk: Non‑compete (4 years) and non‑solicit (3 years) agreements for officers, plus indemnification and advancement protections, reduce immediate external mobility risk; lack of disclosed severance/change‑in‑control terms for Glabe leaves payout optics and retention economics less defined vs. CEO/CFO/CTO.
- Trading signals and governance: Hedging is prohibited, and lock‑up restrictions ended Sep 25, 2024; no pledging prohibition is disclosed in the proxy, and Glabe’s beneficial ownership position is not itemized, limiting visibility into his potential selling pressure beyond standard RSU tax withholding/sales mechanics under the plan.
- Execution backdrop: Company TSR improved in 2024, but operating performance remains loss‑making with negative Segment EBITDA as DJT scales Truth+; legal and policy acumen from Glabe’s background is a stabilizing factor, though incentive design for his role is primarily retention‑oriented.