DeFi Development (DFDV) strategy chief adds 11,000 shares
Rhea-AI Filing Summary
DeFi Development Corp. (DFDV) disclosed that Chief Strategy Officer Kang Daniel purchased 11,000 shares of Common Stock on August 20, 2026 at $3.88 per share in an open market or private transaction, increasing his directly held shares to 18,181. He also reports indirect ownership of 46,852 shares held by Defi Dev LLC, where voting is exercised by manager Parker White, and 13,000 shares held by Riveya Technology Fund LLC, of which he is the sole member and manager. The filing does not indicate use of a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 11,000 shares
Net Buy
3 txns
Insider
Kang Daniel
Role
Chief Strategy Officer
Bought
11,000 shs ($43K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 11,000 | $3.88 | $43K |
| holding | Common Stock F1 | -- | -- | -- |
| holding | Common Stock F2 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 18,181 shares (Direct);
Common Stock — 46,852 shares (Indirect, By Defi Dev LLC);
Common Stock — 13,000 shares (Indirect, By Riveya Technology Fund LLC)
Footnotes (2)
- F1. Mr. Kang 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.
- F2. Mr. Kang is the sole member and manager of Riveya Technology Fund LLC.
Key Figures
Shares purchased: 11,000 shares of Common Stock
Purchase price: $3.88 per share
Direct holdings after transaction: 18,181 shares of Common Stock
+2 more
5 metrics
Shares purchased
11,000 shares of Common Stock
Purchase on August 20, 2026
Purchase price
$3.88 per share
Price for the 11,000-share purchase on August 20, 2026
Direct holdings after transaction
18,181 shares of Common Stock
Direct ownership by Kang Daniel following the reported purchase
Indirect holdings via Defi Dev LLC
46,852 shares of Common Stock
Indirect ownership reported as held by Defi Dev LLC
Indirect holdings via Riveya Technology Fund LLC
13,000 shares of Common Stock
Indirect ownership reported as held by Riveya Technology Fund LLC
Key Terms
indirect ownership, manager-managed limited liability company, open market or private transaction
3 terms
indirect ownership financial
"reported as indirect (I) ownership interests associated with Kang Daniel"
manager-managed limited liability company financial
"Defi Dev LLC, a manager-managed limited liability company"
open market or private transaction financial
"Purchase in open market or private transaction"
FAQ
What insider transaction did DFDV report for Kang Daniel on this Form 4?
Kang Daniel reported a purchase of 11,000 shares of DeFi Development Corp. Common Stock on August 20, 2026 at $3.88 per share, described as a purchase in an open market or private transaction.
Were Kang Daniel’s DFDV trades reported as under a Rule 10b5-1 plan?
No. The Form 4 indicates the Rule 10b5-1 checkbox is not marked, and there is no footnote stating that the August 20, 2026 purchase of 11,000 shares was made pursuant to a Rule 10b5-1 trading plan.
What role does Kang Daniel hold at DeFi Development Corp. (DFDV)?
Kang Daniel is reported as an officer of DeFi Development Corp., serving in the role of Chief Strategy Officer, according to the identification details on the Form 4.
AI-generated analysis. How Rhea-AI works. Not financial advice.