John (Fei) Han - 27 Oct 2025 Form 4 Insider Report for DeFi Development Corp. (DFDV)

Role
Chief Financial Officer
Signature
/s/ Fei Han
Issuer symbol
DFDV
Transactions as of
27 Oct 2025
Net transactions value
$0
Form type
4
Filing time
25 Nov 2025, 21:13:39 UTC
Previous filing
23 Apr 2025
Next filing
19 Dec 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Han Fei Chief Financial Officer 6401 CONGRESS AVENUE, SUITE 250, BOCA RATON /s/ Fei Han 25 Nov 2025 0002062017

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding DFDV Common Stock 468,517 27 Oct 2025 By Defi Dev LLC F1, F2
holding DFDV Series A Preferred Stock 1,000 27 Oct 2025 By Defi Dev LLC F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction DFDV Warrant (Right to buy) Other $0 +46,852 $0.000000 46,852 21 Nov 2025 Common Stock 46,852 $22.50 Direct F3
transaction DFDV Warrant (Right to buy) Other $0 +46,852 $0.000000 46,852 27 Oct 2025 Common Stock 46,852 $22.50 By Defi Dev LLC F2, F4
transaction DFDV Warrant (Right to buy) Other $0 -46,852 -100% $0.000000 0 21 Nov 2025 Common Stock 46,852 $22.50 By Defi Dev LLC F2, F3
holding DFDV Stock Option (Right to buy) 180,985 27 Oct 2025 Common Stock 180,985 $3.91 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects a 7-for-1 forward stock split effective on May 21, 2025.
F2 Mr. Han is a member of Defi Dev LLC, a manager-managed limited liability company. The securities herein are voted on by Parker White serving as manager of Defi Dev LLC.
F3 Represents a pro rata distribution by Defi Dev LLC to its Class A members.
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 46,852 warrants to purchase DFDV common stock.
F5 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.