Onorati Joseph Mario 4
4 · DeFi Development Corp. · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
DeFi Development (DFDV) CEO Onorati Receives Equity Award
What Happened Joseph Mario Onorati, CEO, Chairman and a director of DeFi Development Corp. (DFDV), was granted an award of 22,639 derivative shares/options on March 31, 2026. The transaction is reported at $0.00 per share (no cash paid) and is recorded as a derivative award rather than an open-market purchase or sale. No exercise or sale of shares is reported in this filing.
Key Details
- Transaction date and type: 2026-03-31 — Award/Grant (derivative) of 22,639 shares, reported at $0.00.
- Filing date: Form 4 filed 2026-04-02 (within the usual two-business-day Form 4 reporting window).
- Shares owned after transaction: Not specified in the provided filing summary.
- Footnotes: (1) Award granted as an adjustment to outstanding equity awards related to a warrant dividend distributed to common stockholders on October 27, 2025. (2) The option/award is fully vested and exercisable on the grant date.
- No tax-withholding, 10b5-1 plan, or late-filing indicators were reported.
Context This is an equity award/adjustment tied to a prior corporate action (warrant dividend) and was delivered fully vested and immediately exercisable; the Form 4 does not show any exercise or sale. Derivative awards granted as adjustments to prior awards are often administrative outcomes of corporate events and do not, by themselves, indicate insider buying or selling intent.
Insider Transaction Report
- Award
Stock Option (Right to buy)
[F1][F2]2026-03-31+22,639→ 22,639 totalExercise: $22.50From: 2026-03-31Exp: 2028-01-21→ Common Stock (22,639 underlying)
Footnotes (2)
- [F1]This option was granted as an adjustment to outstanding equity awards in connection with the warrant dividend distributed by DeFi Development Corp. to its holders of common stock on October 27, 2025.
- [F2]This option is fully vested and exercisable on the date of grant.