DeFi Development (DFDV) CFO Han Fei Withholds 2,803 Shares for Taxes

What Happened
Han Fei, Chief Financial Officer of DeFi Development Corp. (DFDV), had 2,803 shares of common stock withheld to satisfy taxes related to the vesting of restricted stock units. The shares were valued at $2.82 each, for a total withholding of $7,904. This was a tax-withholding disposition (transaction code F), not an open-market sale.

Key Details

• Transaction date: 2026-07-17; Filing date: 2026-07-20 (timely filing).
• Shares withheld/disposed: 2,803 at $2.82 each; total value ≈ $7,904.
• Transaction code: F — shares withheld to pay taxes on RSU vesting (footnote F1).
• Shares owned after transaction: Not specified in the provided filing details.
• Additional note: Footnote F2 indicates Mr. Han is a member of Defi Dev LLC and that securities are voted by Parker White as manager of that LLC.

Context
Tax-withholding disposals upon RSU vesting are routine and do not necessarily indicate a change in the insider’s view of the company. This was not an open-market sale or purchase; rather, shares were retained by the company (or broker) to cover tax obligations arising from vesting.