DeFi Development strategy chief buys 11,000 shares

Q: 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.

Q: How many DFDV shares does Kang Daniel own directly after this transaction?

After the reported purchase, Kang Daniel directly owns 18,181 shares of DeFi Development Corp. Common Stock, as shown by the “shares following transaction” figure for his direct (D) ownership.

Q: What indirect DFDV shareholdings are associated with Kang Daniel?

The Form 4 lists 46,852 shares held indirectly by Defi Dev LLC and 13,000 shares held indirectly by Riveya Technology Fund LLC. These positions are reported as indirect (I) ownership interests associated with Kang Daniel.

Q: Who has voting authority over the Defi Dev LLC DFDV shares?

For the 46,852 shares held by Defi Dev LLC, a footnote states they are voted on by Parker White, serving as manager of Defi Dev LLC, even though Kang Daniel is a member of that manager-managed limited liability company.

Q: 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.

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.

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Filing Sentiment

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Form Type

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.

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

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

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.

How many DFDV shares does Kang Daniel own directly after this transaction?

After the reported purchase, Kang Daniel directly owns 18,181 shares of DeFi Development Corp. Common Stock, as shown by the “shares following transaction” figure for his direct (D) ownership.

What indirect DFDV shareholdings are associated with Kang Daniel?

The Form 4 lists 46,852 shares held indirectly by Defi Dev LLC and 13,000 shares held indirectly by Riveya Technology Fund LLC. These positions are reported as indirect (I) ownership interests associated with Kang Daniel.

Who has voting authority over the Defi Dev LLC DFDV shares?

For the 46,852 shares held by Defi Dev LLC, a footnote states they are voted on by Parker White, serving as manager of Defi Dev LLC, even though Kang Daniel is a member of that manager-managed limited liability company.

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.

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Available on EDGAR 08/21/2026 - 04:40 PM EDT Accepted by SEC EDGAR 08/21/2026 - 04:40 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)
08/20/2026

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	08/20/2026		P		11,000	A	$3.88	18,181	D
Common Stock								46,852	I	By Defi Dev LLC⁽¹⁾
Common Stock								13,000	I	By Riveya Technology Fund 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 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.

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

	/s/ Daniel Kang	08/21/2026
	** 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