DFDV CFO reports tax withholding of 2,862 shares
DeFi Development Corp. Chief Financial Officer Han Fei reported a tax-related share disposition tied to equity compensation.
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Form Type
4
Rhea-AI Filing Summary
DeFi Development Corp. Chief Financial Officer Han Fei reported a tax-related share disposition tied to equity compensation. On the reported date, 2,862 shares of Common Stock were withheld at $4.78 per share to cover taxes due upon vesting of restricted stock units, which is not an open-market sale.
After this withholding, Han Fei directly held 368,843 shares of Common Stock. In addition, 1,000 shares of Series A Preferred Stock and 468,517 shares of Common Stock are held indirectly through Defi Dev LLC, where the securities are voted by manager Parker White.
Insider Trade Summary
Exercise Price or Tax Liability: 2,862 shares
Exercise Price or Tax Liability
3 txns
Insider
Han Fei
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 2,862 | $4.78 | $14K |
| holding | Common Stock | -- | -- | -- |
| holding | Series A Preferred Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 368,843 shares (Direct);
Common Stock — 468,517 shares (Indirect, By Defi Dev LLC);
Series A Preferred Stock — 1,000 shares (Indirect, By Defi Dev LLC)
Footnotes (2)
- F1. Represents shares of Defi Development Corp. Common Stock withheld for payment of taxes due in connection with the vesting of restricted stock units.
- 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.
Key Figures
Tax-withheld shares: 2,862 shares
Withholding price: $4.78 per share
Direct common shares after transaction: 368,843 shares
+2 more
5 metrics
Tax-withheld shares
2,862 shares
Shares withheld to pay taxes on RSU vesting
Withholding price
$4.78 per share
Price used for the 2,862 shares withheld
Direct common shares after transaction
368,843 shares
Common Stock directly held by Han Fei after tax withholding
Indirect common shares via Defi Dev LLC
468,517 shares
Common Stock held indirectly through Defi Dev LLC
Indirect preferred shares via Defi Dev LLC
1,000 shares
Series A Preferred Stock held through Defi Dev LLC
Key Terms
restricted stock units, tax-withholding disposition, indirect ownership, Series A Preferred Stock, +1 more
5 terms
restricted stock units financial
"taxes due in connection with the vesting of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
indirect ownership financial
"ownership_type": "indirect""
Series A Preferred Stock financial
"security_title": "Series A Preferred Stock""
Series A preferred stock is a type of ownership share in a company that gives investors certain advantages, such as priority in receiving profits or getting their money back if the company is sold or goes bankrupt. It is often issued during early funding stages to attract investors by offering more security than common shares. This stock matters to investors because it provides a safer way to invest while still holding potential for future gains.
manager-managed limited liability company financial
"a manager-managed limited liability company. The securities herein are voted"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did DFDV CFO Han Fei report on this Form 4?
Han Fei reported a tax-related disposition where 2,862 DeFi Development Corp. shares were withheld at $4.78 each to pay taxes on vested restricted stock units. This was a compensation-driven event, not an open-market sale of stock.
What indirect ownership in DFDV is associated with Han Fei through Defi Dev LLC?
Defi Dev LLC holds 1,000 shares of Series A Preferred Stock and 468,517 shares of DeFi Development Corp. Common Stock. Han Fei is a member of Defi Dev LLC, while voting authority over these securities is exercised by Parker White as manager.
Was the DFDV Form 4 transaction an open-market sale by the CFO?
No, the Form 4 transaction was not an open-market sale. The 2,862 shares were withheld by the company to pay taxes on vesting restricted stock units, a common administrative mechanism that settles tax liabilities without the executive selling shares in the market.
What does the F transaction code on Han Fei’s DFDV Form 4 indicate?
The F transaction code indicates a tax-withholding disposition, where shares are delivered or withheld to satisfy tax or exercise costs. In this case, DeFi Development Corp. withheld 2,862 shares to cover taxes on Han Fei’s restricted stock unit vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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