DeFi Development Corp. (DFDV) CFO reports tax withholding of 2,803 shares
Rhea-AI Filing Summary
DeFi Development Corp. Chief Financial Officer Han Fei reported that 2,803 shares of Common Stock were withheld at $2.82 per share on July 17, 2026 to pay taxes due on the vesting of restricted stock units, leaving 360,435 Common shares held directly. Additional holdings reported as indirect include 1,000 shares of Series A Preferred Stock and 468,517 Common shares held by DeFi Dev LLC, a manager-managed limited liability company whose securities are voted by its manager, Parker White.
Positive
- None.
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Insider Trade Summary
Net Seller: 2,803 shares
Net Sell
3 txns
Insider
Han Fei
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 2,803 | $2.82 | $8K |
| holding | Common Stock F2 | -- | -- | -- |
| holding | Series A Preferred Stock F2 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 360,435 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
Shares withheld for taxes: 2,803 shares
Tax withholding price: $2.82 per share
Direct Common Stock holdings after transaction: 360,435 shares
+3 more
6 metrics
Shares withheld for taxes
2,803 shares
Common Stock withheld to pay taxes on RSU vesting on 2026-07-17
Tax withholding price
$2.82 per share
Per-share value applied to withheld Common Stock on 2026-07-17
Direct Common Stock holdings after transaction
360,435 shares
Common Stock held directly by Han Fei following tax withholding disposition
Indirect Series A Preferred holdings
1,000 shares
Series A Preferred Stock held indirectly through DeFi Dev LLC
Indirect Common Stock holdings
468,517 shares
Common Stock held indirectly through DeFi Dev LLC
Tax-withholding transactions count
1 transaction
Single F-code tax-withholding disposition reported on 2026-07-17
Key Terms
restricted stock units, manager-managed limited liability company, Series A Preferred Stock, withheld for payment of taxes
4 terms
restricted stock units financial
"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.
manager-managed limited liability company financial
"Defi Dev LLC, a manager-managed limited liability company."
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.
withheld for payment of taxes financial
"Common Stock withheld for payment of taxes due"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider activity did DeFi Development Corp. (DFDV) report for Han Fei?
DeFi Development Corp. reported that CFO Han Fei had 2,803 Common shares withheld to cover tax obligations on vested restricted stock units. This is a tax-withholding disposition rather than a discretionary purchase or sale in the market.
What indirect DeFi Development (DFDV) holdings are reported through DeFi Dev LLC?
Indirect holdings reported include 1,000 shares of Series A Preferred Stock and 468,517 Common shares held by DeFi Dev LLC. Han Fei is a member of this manager-managed LLC, while voting of these securities is performed by its manager, Parker White.
What does transaction code F mean in the DeFi Development (DFDV) Form 4?
Transaction code F represents shares disposed of to pay an exercise price or tax liability. Here, it indicates DeFi Development Common Stock was withheld for payment of taxes due at the vesting of restricted stock units, not an ordinary market sale.
Is Han Fei’s DeFi Development (DFDV) tax-withholding transaction under a Rule 10b5-1 plan?
The Form 4 does not indicate that the transaction was made under a Rule 10b5-1 trading plan. The document-level checkbox for Rule 10b5-1 is unchecked, and no footnote states that a pre-arranged trading plan applies.