DeFi Development Corp. director Stern Hadley R. reported a grant of 16,500 shares of common stock on January 27, 2026, at a price of $0.0000 per share. These were granted as restricted stock units (RSUs) and are held directly.
According to the filing, one-fourth of the RSUs vests quarterly after the grant date so that 100% of the 16,500 shares vest on the one-year anniversary, provided the director continues to serve through each vesting date.
DeFi Development Corp. director Stern Hadley R. filed a Form 3 as a reporting person under Section 16(a) of the Exchange Act. The filing states that no securities are beneficially owned, so both non-derivative and derivative ownership tables contain no reported holdings.
The document includes a remark that Exhibit 24 provides a power of attorney, and the form is signed by /s/ Bruce S. Rosenbloom as Attorney-in-Fact on 01/29/2026. The event requiring the statement is dated 01/27/2026, and the form is filed by one reporting person.
DeFi Development Corp. reported that its Board of Directors expanded to six members and elected Hadley Stern as a new director effective January 27, 2026. He will serve on the Audit, Compensation, and Nominating and Corporate Governance Committees.
The Board approved a grant of 16,500 restricted stock units to Mr. Stern, vesting quarterly over the next year, and he will receive a $7,000 quarterly cash retainer for his board service. The company also issued a press release on January 29, 2026, announcing his appointment.