DeFi Development CSO buys 13K shares at $2.91

Q: What insider trade did DFDV Chief Strategy Officer Kang Daniel report on this Form 4?

Kang Daniel reported that Riveya Technology Fund LLC, an entity he solely manages, purchased 13,000 shares of DeFi Development Corp. common stock on 2026-08-14. The reported purchase price was $2.91 per share.

Q: At what price were the DFDV shares purchased in Kang Daniel’s latest Form 4 filing?

The reported purchase price was $2.91 per share for 13,000 shares of DeFi Development Corp. common stock. The transaction was recorded as an open-market or private purchase on 2026-08-14 through Riveya Technology Fund LLC.

Q: What indirect DFDV holdings were reported for Kang Daniel via Riveya Technology Fund LLC?

Following the transaction, Riveya Technology Fund LLC held 13,000 shares of DeFi Development Corp. common stock as indirect ownership attributed to Kang Daniel. A footnote states he is the sole member and manager of Riveya Technology Fund LLC.

Q: What DFDV shareholdings were reported for Kang Daniel through Defi Dev LLC?

The Form 4 lists 46,852 shares of DeFi Development Corp. common stock held indirectly through Defi Dev LLC. A footnote explains that Defi Dev LLC is manager-managed and that the securities are voted by Parker White as its manager.

Q: Was Kang Daniel’s DFDV trade reported as a 10b5-1 plan transaction?

The filing’s Rule 10b5-1 checkbox is not checked, meaning it does not affirm that the reported 13,000-share purchase under Riveya Technology Fund LLC was executed under a Rule 10b5-1 trading plan.

Kang Daniel, Chief Strategy Officer of DeFi Development Corp. (DFDV), reported an open-market purchase of common stock on 2026-08-14.

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Filing Sentiment

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Rhea-AI Filing Summary

Kang Daniel, Chief Strategy Officer of DeFi Development Corp. (DFDV), reported an open-market purchase of common stock on 2026-08-14. An entity he controls, Riveya Technology Fund LLC, bought 13,000 shares of common stock at $2.91 per share, resulting in 13,000 shares of indirect ownership through that entity after the transaction.

Separately, the Form 4 reports 7,181 shares of common stock held in direct ownership by Mr. Kang, and 46,852 shares held in indirect ownership through Defi Dev LLC, a manager-managed limited liability company. The related footnote states that these Defi Dev LLC securities are voted by Parker White, serving as manager of Defi Dev LLC.

Insider Trade Summary

Net Buyer: 13,000 shares

Net Buy 3 txns

Insider Kang Daniel

Role Chief Strategy Officer

Bought 13,000 shs ($38K)

Type	Security	Shares	Price	Value
Purchase	Common Stock ^F1	13,000	$2.91	$38K
holding	Common Stock	--	--	--
holding	Common Stock ^F2	--	--	--

Holdings After Transaction: Common Stock — 13,000 shares (Indirect, By Riveya Technology Fund LLC); Common Stock — 7,181 shares (Direct); Common Stock — 46,852 shares (Indirect, By Defi Dev LLC)

Footnotes (2)

F1. Mr. Kang is the sole member and manager of Riveya Technology Fund LLC.
F2. Mr. Kang is a member of Defi Dev LLC, a manager-managed limited liability company. The securities herein are voted by Parker White serving as manager of Defi Dev LLC.

Key Figures

Shares purchased: 13,000 shares Purchase price: $2.91 per share Indirect holdings via Riveya Technology Fund LLC: 13,000 shares +3 more

6 metrics

Shares purchased 13,000 shares Common stock purchased on 2026-08-14 by Riveya Technology Fund LLC

Purchase price $2.91 per share Price for the 13,000-share common stock purchase on 2026-08-14

Indirect holdings via Riveya Technology Fund LLC 13,000 shares Total indirect common stock ownership through Riveya Technology Fund LLC after transaction

Direct holdings 7,181 shares Common stock held directly by Kang Daniel after reported transactions

Indirect holdings via Defi Dev LLC 46,852 shares Common stock held indirectly through Defi Dev LLC, voted by its manager

Net buy shares 13,000 shares Net common stock increase from reported non-derivative transactions

Key Terms

indirect ownership, manager-managed limited liability company, sole member and manager, open market or private transaction

4 terms

indirect ownership financial

"reported as indirect ownership through entities such as Riveya Technology Fund LLC"

manager-managed limited liability company regulatory

"Defi Dev LLC, a manager-managed limited liability company. The securities herein are voted"

sole member and manager regulatory

"Mr. Kang is the sole member and manager of Riveya Technology Fund LLC"

open market or private transaction financial

"transaction_code_description: Purchase in open market or private transaction"

FAQ

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

What insider trade did DFDV Chief Strategy Officer Kang Daniel report on this Form 4?

Kang Daniel reported that Riveya Technology Fund LLC, an entity he solely manages, purchased 13,000 shares of DeFi Development Corp. common stock on 2026-08-14. The reported purchase price was $2.91 per share.

At what price were the DFDV shares purchased in Kang Daniel’s latest Form 4 filing?

The reported purchase price was $2.91 per share for 13,000 shares of DeFi Development Corp. common stock. The transaction was recorded as an open-market or private purchase on 2026-08-14 through Riveya Technology Fund LLC.

How many DFDV shares does Kang Daniel hold directly after this Form 4?

After the reported transactions, Kang Daniel is shown as holding 7,181 shares of DeFi Development Corp. common stock in direct ownership. This figure is separate from his additional indirect holdings through Riveya Technology Fund LLC and Defi Dev LLC.

What indirect DFDV holdings were reported for Kang Daniel via Riveya Technology Fund LLC?

Following the transaction, Riveya Technology Fund LLC held 13,000 shares of DeFi Development Corp. common stock as indirect ownership attributed to Kang Daniel. A footnote states he is the sole member and manager of Riveya Technology Fund LLC.

What DFDV shareholdings were reported for Kang Daniel through Defi Dev LLC?

The Form 4 lists 46,852 shares of DeFi Development Corp. common stock held indirectly through Defi Dev LLC. A footnote explains that Defi Dev LLC is manager-managed and that the securities are voted by Parker White as its manager.

Was Kang Daniel’s DFDV trade reported as a 10b5-1 plan transaction?

The filing’s Rule 10b5-1 checkbox is not checked, meaning it does not affirm that the reported 13,000-share purchase under Riveya Technology Fund LLC was executed under a Rule 10b5-1 trading plan.

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

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Accepted by SEC EDGAR 08/17/2026 - 04:48 PM EDT

SEC Form 4

FORM 4

UNITED 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^*

Kang Daniel

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/14/2026

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

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	08/14/2026		P		13,000	A	$2.91	13,000	I	By Riveya Technology Fund LLC⁽¹⁾
Common Stock								7,181	D
Common Stock								46,852	I	By Defi Dev LLC⁽²⁾

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Mr. Kang is the sole member and manager of Riveya Technology Fund LLC.

2. Mr. Kang is a member of Defi Dev LLC, a manager-managed limited liability company. The securities herein are voted by Parker White serving as manager of Defi Dev LLC.

	/s/ Daniel Kang	08/17/2026
	** 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 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)

Source: View Original Filing on SEC EDGAR