DeFi Development Corp.: raises CHAD Stock dividend rate to 14.00%

What happened On Oct 15, 2026, DeFi Development Corp issued a press release announcing an increase to the regular dividend rate per annum on the Variable Rate Series C Perpetual Preferred Stock, par value $0.00001 per share (“CHAD Stock”), from 13.00% to 14.00%, effective for periods commencing on or after Nov 1, 2026. The dividend committee declared daily cash dividends of $0.00614 per share for each business day for the period from Nov 1, 2026 through Nov 30, 2026 (19 business days), which represents a per annum dividend rate of 14.00% and aggregates to $184,469 for the full monthly period. A copy of the press release is filed as Exhibit 99.1 to the Form 8-K.

Key details

• dividend rate increased from 13.00% to 14.00%, effective for periods commencing on or after Nov 1, 2026.
• daily cash dividend: $0.00614 per share for each business day from Nov 1, 2026 through Nov 30, 2026 (19 business days); aggregate $184,469 for the full monthly period.
• payments will be made to stockholders of record of CHAD Stock at the close of business on the immediately preceding business day (example: record date Oct 30, 2026, payment date Nov 2, 2026).
• U.S. federal income tax considerations: distributions not treated as made out of the company's accumulated or current earnings and profits generally will be treated first as a tax-free return of capital to the extent of a U.S. holder’s adjusted tax basis and thereafter as capital gain; the company states it does not have any accumulated earnings and profits and does not expect to generate current earnings and profits in the current year or the foreseeable future.

Why it may matter This filing reports Item 8.01: other events, covering the announced dividend rate adjustment for the CHAD Stock, the declaration of daily cash dividends for Nov 2026, and related U.S. federal income tax considerations. A filing does not show why the insider traded or why the company acted.