Kang Daniel 4
4 · DeFi Development Corp. · Filed Dec 19, 2025
Insider Transaction Report
Form 4
Kang Daniel
Chief Strategy Officer
Transactions
- Award
Stock Option (Right to buy)
2025-12-17+182,616→ 182,616 totalExercise: $4.97From: 2026-01-17Exp: 2035-12-17→ Common Stock (182,616 underlying)
Holdings
- 7,181
Common Stock
- 46,852(indirect: By LLC)
Common Stock
- 122,500
Stock Option (Right to buy)
Exercise: $3.91From: 2026-04-09Exp: 2035-04-09→ Common Stock (122,500 underlying) - 57,500
Stock Option (Right to buy)
Exercise: $16.93From: 2026-09-19Exp: 2035-09-19→ Common Stock (57,500 underlying) - 4,983
Warrant (Right to buy)
Exercise: $22.50From: 2025-11-16Exp: 2028-01-01→ Common Stock (4,983 underlying)
Footnotes (3)
- [F1]Mr. Kang is a member of Defi Dev LLC, a manager-managed limited liability company. The securities herein are voted by Parker White serving as manager of Defi Dev LLC.
- [F2]The date shown is the first date exercisable. One forty-eighth (1/48th) of the total number of shares subject to the Option shall vest on the first date shown and on the same day of each month following the first vesting date, 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.
- [F3]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.