4//SEC Filing
Onorati Joseph Mario 4
Accession 0001225208-25-009460
CIK 0001805526other
Filed
Nov 24, 7:00 PM ET
Accepted
Nov 25, 9:13 PM ET
Size
14.3 KB
Accession
0001225208-25-009460
Insider Transaction Report
Form 4
Onorati Joseph Mario
DirectorCEO & Chairman10% Owner
Transactions
- Other
Common Stock
2025-11-21$4.96/sh+271,043$1,344,373→ 271,043 total(indirect: By Partnership) - Other
Warrant (Right to buy)
2025-10-27+221,613→ 221,613 total(indirect: By 3277447 Nova Scotia Ltd)Exercise: $22.50From: 2025-11-16Exp: 2028-01-21→ Common Stock (221,613 underlying) - Other
Warrant (Right to buy)
2025-11-21+27,104→ 27,104 total(indirect: By Partnership)Exercise: $22.50From: 2025-11-16Exp: 2028-01-21→ Common Stock (27,104 underlying)
Holdings
- 2,216,137(indirect: By 3277447 Nova Scotia Ltd)
Common Stock
- 4,500(indirect: By 3277447 Nova Scotia Ltd)
Series A Preferred Stock
- 301,980
Stock Option (Right to buy)
Exercise: $3.91From: 2026-04-09Exp: 2035-04-09→ Common Stock (301,980 underlying)
Footnotes (7)
- [F1]Represents the transfer of beneficial ownership in shares held by SolSync Solutions Partnership, an Alaska general partnership, through transfer of partnership units to Defi International Holding LLC, of which Joseph Onorati is manager, in connection with repayment of a loan.
- [F2]Parker White and Joseph Onorati are partners of SolSync Solutions Partnership, an Alaska general partnership. Parker White is the general partner and maintains voting and dispositive control over the reported shares.
- [F3]Reflects a 7-for-1 forward stock split effective on May 21, 2025.
- [F4]Mr. Onorati is the control person as director and president of 3277447 Nova Scotia Ltd and may be deemed to control 3277447 Nova Scotia Ltd.
- [F5]On October 8, 2025, DFDV declared a warrant dividend of warrants to purchase common stock in the amount of 1 warrant for each 10 shares of common stock held by each shareholder of record on October 23, 2025. The warrants were distributed on or around October 27, 2025. As a result, the reporting person received 221,613 warrants to purchase DFDV common stock.
- [F6]Represents the transfer of beneficial ownership in warrants to purchase common stock held by SolSync Solutions Partnership, an Alaska general partnership, through transfer of partnership units to Defi International Holding LLC, of which Joseph Onorati is manager, in connection with repayment of a loan.
- [F7]The date shown is the first date exercisable. One-fourth (1/4th) of the total number of shares subject to the Option shall vest on the first anniversary of the grant date, and thereafter one-thirty-sixth (1/36th) shall vest on the same date of the month applicable to the first vesting date on each of the thirty-six (36) months that occur after the date shown, such that 100% of the shares subject to the Option will be vested on the four (4) year anniversary of the grant date, subject to the reporting person's continued service through each applicable vesting date.
Documents
Issuer
DeFi Development Corp.
CIK 0001805526
Entity typeother
Related Parties
1- filerCIK 0002061890
Filing Metadata
- Form type
- 4
- Filed
- Nov 24, 7:00 PM ET
- Accepted
- Nov 25, 9:13 PM ET
- Size
- 14.3 KB