Transaction #12614 · Form 4 · 0001225208-25-009463
DeFi Development Corp. · Other acquisition · Warrant (Right to buy)
DeFi Development Corp. · Transacted October 27, 2025 · Filed November 25, 2025
What does this filing report?
An SEC Form 4 filing for DeFi Development Corp. records an other acquisition involving Warrant (Right to buy) on October 27, 2025. The reported quantity was 4,983. The filing date is November 25, 2025. This is one transaction record; amounts are not allocated among any joint reporting owners.
The acquisition category describes how securities were received. It does not by itself establish a cash purchase of common stock. Read the transaction code definitionsand the original filing before interpreting the amounts.
Transaction details
- Company
- DeFi Development Corp.
- Company CIK
- 0001805526
- Security type
- Derivative
- Acquisition type
- Other acquisition · Code J
- Quantity acquired
- 4,983
- Reported price
- 0
- Reference value
- 0
- Currency
- Currency not specified
- Ownership
- Indirect
- Holdings after transaction
- 4,983
- Ownership description
- By Defi Dev LLC
- SEC acceptance time
- Nov 25, 2025, 9:13 PM EST
- 10b5-1 indication
- Not indicated
Reference value is reported quantity × reported price. It is not a confirmed cash payment or an estimate of a derivative's economic value. A missing currency is not assumed to be USD.
Reporting owners
- Kang Daniel ↗
Chief Strategy Officer
CIK 0002087925
These are the reporting owners named in the filing. Quantities and amounts are not allocated among co-reporters. Roles reflect this filing, not a current profile.
Company listings
This transaction is not mapped to a specific company listing.
Derivative terms
- Underlying security
- Common Stock
- Underlying quantity
- 4,983
- Conversion / exercise price
- 22.5
- Exercise date
- November 16, 2025
- Expiration date
- January 21, 2028
Filing footnotes & remarks
- F1
- Represents a pro rata distribution from Defi Dev LLC of which the reporting person is a member.
- F2
- The amount shown reflects a correction of 67.17 shares of common stock inadvertently over reported on the reporting person's Form 3 filed on September 23, 2025.
- F3
- Mr. Kang is a member of Defi Dev LLC, a manager-managed limited liability company. The securities herein are voted by Parker White serving as manager of Defi Dev LLC.
- F4
- On October 8, 2025, DFDV declared a warrant dividend of warrants to purchase common stock in the amount of 1 warrant for each 10 shares of common stock held by each shareholder of record on October 23, 2025. The warrants were distributed on or around October 27, 2025. As a result, the reporting person received 4,983 warrants to purchase DFDV common stock.
- F5
- Reflects a 7-for-1 forward stock split effective on May 21, 2025.
- F6
- The date shown is the first date exercisable. One-fourth (1/4th) of the total number of shares subject to the Option shall vest on the first anniversary of the grant date, and thereafter one-thirty-sixth (1/36th) shall vest on the same date of the month applicable to the first vesting date on each of the thirty-six (36) months that occur after the date shown, such that 100% of the shares subject to the Option will be vested on the four (4) year anniversary of the grant date, subject to the reporting person's continued service through each applicable vesting date.
Footnotes are reproduced as plain text from the current source filing. For the full context, read the original SEC filing.
This record was updated Eastern Time. This is the stored record update time, not the transaction date. Report a correction.