DeFi Development Corp. (DFDV) COO granted 524,410 stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
White Parker reported acquisition or exercise transactions in this Form 4 filing.
DeFi Development Corp. reported that insider White Parker, its COO, Chief Investment Officer, and a ten percent owner, received a grant of stock options. The award covers 524,410 stock options with a reported price per share of 0.0000. According to the terms, one‑forty‑eighth of the options vest each month starting on the first exercisable date, so all options vest over four years, contingent on Parker’s continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
White Parker
Role
COO & Chief Investment Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to buy) | 524,410 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to buy) — 524,410 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did DeFi Development Corp. (DFDV) report?
DeFi Development Corp. reported a stock option grant to insider White Parker. He received 524,410 options at a reported price of 0.0000 per share, structured as compensation rather than an open-market purchase of existing shares.
Who is White Parker in relation to DeFi Development Corp. (DFDV)?
White Parker serves as COO and Chief Investment Officer of DeFi Development Corp. and is also a ten percent owner. His role combines operational leadership with oversight of the company’s investment activities, making him a key executive and significant shareholder.
How many stock options were granted to White Parker at DFDV?
White Parker was granted 524,410 stock options in this transaction. These options increase his potential future equity exposure to DeFi Development Corp., subject to the vesting schedule and his continued service with the company over time.
What is the vesting schedule of White Parker’s DFDV stock options?
The options vest over four years in equal monthly installments. One‑forty‑eighth of the 524,410 options vests on each monthly vesting date, with full vesting on the four‑year anniversary, provided Parker continues serving through each applicable vesting date.
Was the DFDV insider transaction a purchase or a grant of options?
It was a grant of stock options, classified as an acquisition by award. The Form 4 uses transaction code “A,” indicating a grant, and the options carry a reported price of 0.0000 per share rather than a market purchase price.
How many derivative securities does White Parker hold after this DFDV grant?
Following this grant, White Parker is shown holding 524,410 derivative securities. This figure reflects the total stock options reported after the transaction, aligning with the full size of the newly awarded option grant.