White Parker 4

What Happened

• White Parker, reported as a 10% owner of DeFi Development Corp. (DFDV), was granted a derivative award for 524,410 shares on 2026-02-17. The Form 4 reports an acquisition (code A) at $0.00 per share (total reported value $0.00). This is an award/derivative grant, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-17; Filing date (Form 4): 2026-02-19 (timely filing).
• Reported consideration: $0.00 per share; total reported value: $0.00.
• Shares acquired: 524,410 derivative shares (subject to vesting).
• Shares owned after transaction: Not provided in the supplied data.
• Footnote: Vesting begins on the first exercisable date; 1/48th vests monthly so 100% vests on the 4‑year anniversary, subject to continued service (see footnote F1).
• Filing status: No late filing indicated.

Context

• This is a derivative award (grant) that vests over time rather than an immediate cash purchase or sale. For retail investors, grants indicate potential future ownership if vesting and any exercise conditions are met; they do not represent immediate liquidity. As a 10% owner, Parker is a significant insider/beneficial owner—check the company’s proxy or other filings for full details of the award type (options vs. RSUs) and any exercise price or restrictions.