"possible sale" but left shareholders in control of when or whether to sell. Shannon Devine, a partner at MZ North America, an investor relations and corporate communications company representing TMTG, said via email that rumors the president had sold his shares were "false."

According to the SEC filing, Trump was the "settlor and sole beneficiary" of the Donald J. Trump Revocable Trust. The president's son Donald Trump Jr. was the trustee. The filing, formally known as a Form S-3 Registration Statement, registered the shares for "possible sale"

Actually Snopes says this maybe false. The rumor appeared to develop following a TMTG filing with the U.S. Securities and Exchange Commission (SEC) on April 1, 2025, in which TMTG reregistered certain shares — including 114,750,000 shares held by the Donald J. Trump Revocable Trust — for sale.