Onorati Joseph Mario 4

What Happened
Joseph Mario Onorati, a reported 10% owner of DeFi Development Corp. (DFDV), was awarded a derivative equity grant covering 828,236 shares on 2026-02-17. The award was reported at an acquisition price of $0.00 (no cash paid at grant) and is structured as an option-type award that vests over four years.

Key Details

• Transaction date reported: 2026-02-17; Form 4 filed 2026-02-19 (timely, within the 2-business-day requirement).
• Amount: 828,236 shares granted; reported price $0.00; reported total value $0 on grant date.
• Vesting: 1/48th of the option vests monthly starting on the first exercisable date; 100% vests on the 4th anniversary of the grant, subject to continued service (see footnote).
• Shares owned after transaction: not specified in the filing.
• Footnote: The date shown is the first date exercisable; vesting is monthly (1/48th) so full vesting occurs at 4 years, subject to continued service.

Context
This is a derivative grant (an option award) rather than an open-market purchase or sale—so it does not represent an immediate cash outlay or sale of shares. For retail investors, grants indicate potential future dilution as options vest and may be exercised, but do not directly signal an insider buying stock on the open market. As a 10% owner, Onorati is a significant holder; this filing simply documents the award and vesting schedule rather than an immediate change in ownership or sale.