DeFi Development (DFDV) director Townsend Adam R. files initial Form 3

Rhea-AI Filing Summary

DeFi Development Corp. director Townsend Adam R. has filed an initial Form 3, which is the first statement of beneficial ownership for insiders. The data provided shows no reported transactions, no derivative positions, and no current holdings entries recorded in this filing.

Key Terms

Form 3, reporting person, ten percent owner

3 terms

Form 3 regulatory

"initial Form 3, which is the first statement of beneficial ownership"

Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.

reporting person regulatory

"The reporting person is Townsend Adam R., identified as a director"

ten percent owner financial

"the is_ten_percent_owner field is zero, indicating not a ten percent owner"

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SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Townsend Adam R.

(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. Date of Event Requiring Statement (Month/Day/Year)
04/04/2026

3. Issuer Name and Ticker or Trading Symbol
DeFi Development Corp. [ DFDV ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

Exhibit 24: Power of Attorney attached herewith.

No securities are beneficially owned.

	/s/ Bruce S. Rosenbloom, Attorney-in-Fact	04/06/2026
	** Signature of Reporting Person	Date
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 5 (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 3: SEC 1473 (03-26)

FAQ

What does DeFi Development Corp. (DFDV) disclose in this Form 3?

The Form 3 shows director Townsend Adam R. as a reporting person for DeFi Development Corp.. The provided data lists no transactions, derivative positions, or holdings entries associated with this initial ownership report.

Who is the reporting person in DeFi Development Corp. (DFDV) Form 3?

The reporting person is Townsend Adam R., identified as a director of DeFi Development Corp. The filing flags him as a director, not an officer or ten percent owner, based on the structured data included.

Does the DFDV Form 3 show any insider share purchases or sales?

No. The Form 3 data lists no buy or sell transactions. All transaction-related counts, including buy, sell, exercise, gift, tax withholding, and restructuring, are shown as zero in the transaction summary section.

Are any derivative securities reported in the DeFi Development Corp. Form 3?

No derivative securities are reported. The derivativeSummary section is empty and the transaction summary shows zero derivative transactions, indicating no options, warrants, or similar instruments are listed in this initial filing.

Does Townsend Adam R. report being a ten percent owner of DFDV?

No. The structured data marks the is_ten_percent_owner field as zero, indicating Townsend Adam R. is not reported as a ten percent beneficial owner in this Form 3, but is reported in his role as a director.