DeFi Development (DFDV) 10% Owner Parker White Buys Shares

What Happened Parker White, a reported 10% owner of DeFi Development Corp. (DFDV), purchased a total of 10,000 shares of Variable Rate Series C Perpetual Preferred Stock (ticker CHAD) in two reported transactions. On 2026-09-24 he acquired 9,462 shares at $8.96 each for $84,780; on 2026-09-25 he acquired 538 shares at $8.90 each for $4,788. Both transactions are reported as purchases (code P), representing an aggregate outlay of $89,568. Purchases are generally viewed as a bullish signal (insiders buying), though this is a straightforward reporting of the transactions only.

Key Details

• Transaction dates & prices:
  • 2026-09-24: 9,462 shares @ $8.96 ($84,780)
  • 2026-09-25: 538 shares @ $8.90 ($4,788)
• Total purchased: 10,000 shares for $89,568.
• Shares owned after transaction: Not specified in this Form 4 filing.
• Filing timeliness: Reported to the SEC on 2026-09-25 (day after the first trade), not flagged as late.
• Footnotes of note:
  • F1: Defi Dev LLC is a manager-managed LLC; Parker White serves as manager.
  • F2: Parker White and Joseph Onorati are partners of SolSync Solutions Partnership (Alaska); Parker White is the general partner and maintains voting and dispositive control over the reported shares.
• Transaction type code: P = Purchase (open market or private purchase as reported).

Context

• These transactions were in a preferred share class (Variable Rate Series C Perpetual Preferred, ticker CHAD). Preferred stock typically has different rights from common stock (for example, priority on dividends and different voting rights), so insider purchases of preferred shares may reflect different considerations than common-stock buys.
• Parker White is a 10% owner and controls interests through related entities (LLC and partnership) as noted in footnotes; this filing reports beneficial ownership and control rather than an executive payroll transaction.