DeFi Development (DFDV) CFO shares withheld for taxes
Rhea-AI Filing Summary
DeFi Development Corp. (DFDV) reported that Chief Financial Officer Han Fei had 2,803 shares of common stock withheld on 2026-08-17 to satisfy tax obligations arising from the vesting of restricted stock units, at $3.16 per share. Following this tax-withholding transaction, Han Fei directly holds 357,632 shares of common stock. In addition, entities associated with Han Fei indirectly hold 468,517 shares of common stock and 1,000 shares of Series A Preferred Stock through Defi Dev LLC, a manager-managed limited liability company whose securities are voted by Parker White as manager.
Positive
- None.
Negative
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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 | $3.16 | $9K |
| holding | Common Stock F2 | -- | -- | -- |
| holding | Series A Preferred Stock F2 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 357,632 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: $3.16 per share
Direct Common Shares After Transaction: 357,632 shares
+2 more
5 metrics
Shares Withheld for Taxes
2,803 shares
Common stock withheld on 2026-08-17 for tax payment on RSU vesting
Tax Withholding Price
$3.16 per share
Value used for 2,803 common shares withheld for taxes
Direct Common Shares After Transaction
357,632 shares
Direct common stock holdings of Han Fei following the tax-withholding disposition
Indirect Common Shares via Defi Dev LLC
468,517 shares
Common stock held indirectly through Defi Dev LLC
Indirect Series A Preferred Shares
1,000 shares
Series A Preferred Stock held indirectly through Defi Dev LLC
Key Terms
restricted stock units, manager-managed limited liability company, Series A Preferred Stock, indirect ownership
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.
indirect ownership financial
"ownership_type":"indirect"
FAQ
What transaction did DFDV CFO Han Fei report on this Form 4?
Han Fei reported that 2,803 shares of DeFi Development Corp. common stock were withheld on 2026-08-17 to pay taxes from vesting restricted stock units, rather than an open-market purchase or sale.
What indirect holdings in DFDV does Han Fei report through Defi Dev LLC?
Indirectly through Defi Dev LLC, Han Fei reports 468,517 shares of common stock and 1,000 shares of Series A Preferred Stock. These securities are held by the LLC, a manager-managed entity.
Who exercises voting authority over the DFDV securities held by Defi Dev LLC?
Voting authority over these securities is exercised by Parker White, who serves as manager of Defi Dev LLC. The filing notes that Defi Dev LLC is a manager-managed limited liability company.
Was Han Fei’s DFDV Form 4 transaction part of a 10b5-1 trading plan?
The filing indicates the Rule 10b5-1 checkbox is not affirmed for this report. The reported transaction is a tax-withholding event, not an open-market trade under a trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
