Kang Daniel 4

What Happened

• Kang Daniel, Chief Strategy Officer of DeFi Development Corp. (DFDV), was granted 11,655 derivative awards on 2026-03-31. The filing reports these as acquired at $0.00 (a grant/adjustment), so no cash changed hands on grant. The award is fully vested and exercisable on the grant date.

Key Details

• Transaction date and type: 2026-03-31 — Grant/award (derivative security).
• Amount: 11,655 options/awards reported at $0.00.
• Post-transaction holdings: Not specified in this Form 4 (holding totals not reported).
• Footnotes: F1 — grant was an adjustment to outstanding equity awards tied to a warrant dividend distributed Oct 27, 2025. F2 — the option is fully vested and exercisable on the grant date.
• Filing timeliness: Report period 2026-03-31; Form 4 filed 2026-04-02 (timely under the two-business-day rule).

Context

• This was an equity award/adjustment (derivative grant), not a market purchase or sale; no exercise or sale was reported. Such adjustments are often administrative/corporate actions following prior warrant distributions and do not, by themselves, indicate buying or selling intentions.