DeFi Development director granted 5,000 RSUs
Tai Zachary Aris reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Tai Zachary Aris reported acquisition or exercise transactions in this Form 4 filing.
DeFi Development Corp. director Tai Zachary Aris reported an equity award of 5,000 shares of common stock in the form of restricted stock units (RSUs). The RSUs vest in equal monthly installments over 12 months from the grant date, so all 5,000 shares are scheduled to be fully vested on the one-year anniversary, assuming continued service. After this grant, Aris beneficially owns 14,500 shares of common stock, which includes 7,000 unvested RSUs previously granted on a 7-for-1 forward stock split basis.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,000 | $0.00 | $0.00 |
Footnotes (2)
- F1. Represents a grant of restricted stock units ("RSUs"), of which one-twelfth (1/12th) of the total number of shares subject to the RSUs shall vest each month following the grant date, such that 100% of the shares subject to the RSUs will be vested on the one (1) year anniversary of the grant date, subject to the reporting person's continued service through each applicable vesting date.
- F2. Includes unvested RSUs for 7,000 shares (on a 7 for 1 forward stock split basis) granted to the reporting person on April 4, 2025, and initially reported in Table II of the reporting person's Form 3 filed with the Securities and Exchange Commission on April 30, 2025.
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