Form 4: DeFi Development Corp. CFO Reports Stock Transaction

Chief Financial Officer Fei Han reported the withholding of 2,802 shares of common stock to cover tax obligations related to restricted stock unit vesting.

Summary

• Fei Han, Chief Financial Officer of DeFi Development Corp., executed a transaction on May 17, 2026.
• The transaction involved the disposition of 2,802 shares of common stock at a price of $4.78 per share.
• The shares were withheld by the company to satisfy tax withholding requirements associated with the vesting of restricted stock units.
• Following this transaction, the reporting person maintains direct ownership of 366,041 shares of common stock.
• The reporting person also maintains indirect ownership of 468,517 shares of common stock and 1,000 shares of Series A Preferred Stock through Defi Dev LLC.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as it represents a routine administrative tax transaction by an executive rather than a strategic or market-driven move.

Positives

• The transaction is a routine administrative action related to tax obligations upon the vesting of equity compensation, rather than a discretionary market sale.

Negatives

• The transaction results in a minor reduction of the reporting person's direct equity stake in the company.

Risks

• None identified in this filing.

Future Outlook

No forward-looking guidance or strategic outlook provided in this filing.

Industry Context

StockSavvy.ai notes that Form 4 filings regarding tax withholding upon RSU vesting are standard corporate governance procedures and do not typically signal a change in management sentiment or company performance.

Comparison to Industry Standards

• The filing follows standard SEC reporting requirements for executive compensation and equity ownership changes.
• The use of share withholding to satisfy tax obligations is a common practice among publicly traded companies to manage executive tax liabilities.

Related Party Transactions

• The reporting person is a member of Defi Dev LLC, which holds additional shares and preferred stock of the issuer.

Stakeholder Impact

• Minimal impact on shareholders as the transaction is a standard tax-related equity adjustment.

Key Dates

Keywords

DeFi Development Corp, DFDV, Form 4, Insider Trading, CFO, Equity Vesting