STOCK TITAN

DeFi Development: Parker White acquires 333,841 shares

The partnership's in-kind distribution was part of its complete liquidation and carried no consideration.

(Neutral)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Form Type
4

Rhea-AI Filing Summary

DeFi Development Corp. (CHAD) ownership records show SolSync Solutions Partnership distributed securities to its two partners in kind as it dissolved. Parker White, a 10% owner, directly acquired 333,841 common shares and warrants covering 33,384 common shares; the partnership reported corresponding dispositions. The distribution liquidated partnership interests for no consideration. SolSync holds no issuer securities and is being wound up. Afterward, Parker White’s direct common position was 613,785 shares, and his reported warrant position was 253,781 shares.

Insider White Parker
Role 10% Owner
Type Security Shares Price Value
Other Warrant (Right to buy) F1, F2 33,384 $0.00 $0.00
Other Warrant (Right to buy) F1 33,384 $0.00 $0.00
Other Common Stock F1, F2 333,841 $0.00 $0.00
Other Common Stock F1 333,841 $0.00 $0.00
holding Common Stock F3 -- -- --
holding Series A Preferred Stock F3 -- -- --
holding Variable Rate Series C Perpetual Preferred Stock -- -- --
Holdings After Transaction: Warrant (Right to buy) — 0 contracts (Indirect, By SolSync Solutions Partnership); Warrant (Right to buy) — 253,781 contracts (Direct); Common Stock — 0 shares (Indirect, By SolSync Solutions Partnership); Common Stock — 613,785 shares (Direct); Common Stock — 2,488,992 shares (Indirect, By Defi Dev LLC); Series A Preferred Stock — 4,500 shares (Indirect, By Defi Dev LLC); Variable Rate Series C Perpetual Preferred Stock — 10,000 shares (Direct)
Footnotes (3)
  1. F1. On October 7, 2026, SolSync Solutions Partnership, an Alaska general partnership (the "Partnership"), dissolved and distributed all of the securities of the Issuer that it held to its two partners in kind, in complete liquidation of their partnership interests and in proportion to their respective percentage interests, for no consideration. Parker White previously reported only the securities held by the Partnership in which he had a pecuniary interest.
  2. F2. Parker White was the general partner of the Partnership and maintained voting and dispositive control over the securities held by the Partnership. Following the distribution, the Partnership holds no securities of the Issuer and is being wound up.
  3. F3. Defi Dev LLC is a manager-managed limited liability company, with Parker White serving as manager.
Common shares acquired directly 333,841 shares Parker White; October 7, 2026
Common shares covered by warrants acquired 33,384 shares October 7, 2026
Warrant exercise price $22.50 per share Warrants reported in the October 7, 2026 transactions
Direct common shares following transaction 613,785 shares October 7, 2026
Warrant shares following transaction 253,781 shares October 7, 2026
Common shares held through Defi Dev LLC 2,488,992 shares October 7, 2026
Series A Preferred Stock held through Defi Dev LLC 4,500 shares October 7, 2026
Variable Rate Series C Perpetual Preferred Stock held directly 10,000 shares October 7, 2026
in kind financial
"distributed all of the securities of the Issuer that it held to its two partners in kind"
Payment, distribution, or transfer made with assets or goods rather than cash, such as shares, property, bonds, or inventory. It matters to investors because receiving or giving value in kind affects liquidity, valuation, record-keeping, and tax treatment—similar to getting a basket of apples instead of cash for a tree: you own something real but may need to convert, value, or manage it differently than money.
pecuniary interest financial
"securities held by the Partnership in which he had a pecuniary interest"
voting and dispositive control regulatory
"maintained voting and dispositive control over the securities held by the Partnership"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What changed in Parker White’s CHAD ownership on October 7, 2026?

Parker White directly acquired 333,841 common shares and warrants covering 33,384 common shares as SolSync Solutions Partnership distributed securities to its partners in kind. The partnership reported dispositions of those same quantities; the distribution was for no consideration.

What CHAD holdings were listed after the October 7, 2026 transactions?

The listed post-transaction positions included 613,785 directly held common shares and a warrant position of 253,781 shares. Other entries included 2,488,992 common shares and 4,500 Series A Preferred Stock shares held through Defi Dev LLC, plus 10,000 Variable Rate Series C Perpetual Preferred Stock shares held directly.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
White Parker

(Last)(First)(Middle)
C/O DEFI DEVELOPMENT CORP.
6401 CONGRESS AVENUE, SUITE 250

(Street)
BOCA RATON FLORIDA 33487

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
DeFi Development Corp. [ DFDV ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
DirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/07/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock10/07/2026J(1)333,841D$00IBy SolSync Solutions Partnership(2)
Common Stock10/07/2026J(1)333,841A$0613,785D
Common Stock2,488,992IBy Defi Dev LLC(3)
Series A Preferred Stock4,500IBy Defi Dev LLC(3)
Variable Rate Series C Perpetual Preferred Stock10,000D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Warrant (Right to buy)$22.510/07/2026J(1)33,38411/16/202501/21/2028Common Stock33,384$00IBy SolSync Solutions Partnership(2)
Warrant (Right to buy)$22.510/07/2026J(1)33,38411/16/202501/21/2028Common Stock33,384$0253,781D
Explanation of Responses:
1. On October 7, 2026, SolSync Solutions Partnership, an Alaska general partnership (the "Partnership"), dissolved and distributed all of the securities of the Issuer that it held to its two partners in kind, in complete liquidation of their partnership interests and in proportion to their respective percentage interests, for no consideration. Parker White previously reported only the securities held by the Partnership in which he had a pecuniary interest.
2. Parker White was the general partner of the Partnership and maintained voting and dispositive control over the securities held by the Partnership. Following the distribution, the Partnership holds no securities of the Issuer and is being wound up.
3. Defi Dev LLC is a manager-managed limited liability company, with Parker White serving as manager.
Remarks:
/s/ Parker White10/09/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Keep reading