DeFi Development (DFDV) director receives 7,000-share RSU equity grant

Rhea-AI Filing Summary

DeFi Development Corp. director Perfumo Thomas J. received an equity award in the form of restricted stock units. The filing reports a grant of 7,000 shares of common stock on a grant, award, or other acquisition basis at a stated price of $0.0000 per share.

According to the footnote, these RSUs vest in equal monthly installments, with one-twelfth of the total shares vesting each month after the grant date so that all 7,000 shares are scheduled to vest by the one-year anniversary, subject to his continued service. Following this grant, Perfumo Thomas J. directly holds 14,000 shares of common stock.

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

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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^*

Perfumo Thomas J.

(Last) (First) (Middle)

C/O DEFI DEVELOPMENT CORP.

6401 CONGRESS AVENUE, SUITE 250

(Street)

BOCA RATON FL 33487

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
DeFi Development Corp. [ DFDV ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/17/2026		A		7,000(1)	A	$0.0000	14,000	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents a grant of restricted stock units ("RSUs"), of which one-twelfth (1/12th) of the total number of shares subject to the RSUs shall vest each month following the grant date, such that 100% of the shares subject to the RSUs will be vested on the one (1) year anniversary of the grant date, subject to the reporting person's continued service through each applicable vesting date.

	/s/ Bruce S. Rosenbloom, Attorney-in-Fact	02/19/2026
	** 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.

FAQ

What insider transaction did DeFi Development Corp. (DFDV) report for Perfumo Thomas J.?

DeFi Development Corp. reported that director Perfumo Thomas J. received a grant of 7,000 restricted stock units of common stock. The award was recorded at a stated price of $0.0000 per share and increased his directly held common stock position to 14,000 shares.

How do the 7,000 RSUs granted to DeFi Development Corp. (DFDV) director vest?

The 7,000 restricted stock units vest monthly, with one-twelfth of the total shares vesting each month following the grant date. All RSUs are scheduled to be fully vested on the one-year anniversary of the grant date, assuming continued service throughout the vesting period.

What is Perfumo Thomas J.’s ownership in DeFi Development Corp. (DFDV) after the RSU grant?

After the reported RSU grant, Perfumo Thomas J. directly holds 14,000 shares of DeFi Development Corp. common stock. This total reflects the new 7,000-share equity award added to his prior holdings as disclosed in the insider transaction filing.

Was the DeFi Development Corp. (DFDV) RSU grant to Perfumo Thomas J. an open-market purchase?

No, the filing classifies the transaction under code “A” as a grant, award, or other acquisition of 7,000 restricted stock units. The reported price is $0.0000 per share, indicating a compensatory equity award rather than an open-market purchase of common stock.

What role does Perfumo Thomas J. hold at DeFi Development Corp. (DFDV) in this Form 4?

In the Form 4, Perfumo Thomas J. is identified as a director of DeFi Development Corp. The reported insider transaction reflects an equity compensation award in the form of restricted stock units tied to his service as a member of the company’s board.