DeFi Development Corp: 10% owner Joseph Mario Onorati received 271,043 shares

What happened Joseph Mario Onorati, a 10% owner, reported on Oct 7, 2026 the acquisition and disposition of common and derivative shares in DeFi Development Corp. The filing shows 271,043 common shares acquired at $0 and 271,043 common shares disposed at $0, and 27,104 derivative shares acquired at $0 and 27,104 derivative shares disposed at $0. Each transaction is reported with a total value of $0.

Key details

• Transaction date and price: Oct 7, 2026; all four transactions reported as "other acquisition or disposition (J)" at $0 per share.
• Shares owned after the transactions: not stated in this Form 4.
• Relevant footnotes:
  • The transfers arose when SolSync Solutions Partnership dissolved and distributed all issuer securities to its two partners in kind, in complete liquidation and for no consideration (F1).
  • Parker White was the managing partner with voting and dispositive control; after the distribution the Partnership holds no securities (F2).
  • DeFi International Holding, LLC received securities in the distribution; Mr. Onorati is a manager of that LLC and may be deemed to beneficially own the securities it holds (F3).
  • Mr. Onorati is a control person of 3277447 Nova Scotia Ltd and may be deemed to control its holdings (F4).
• Filing date: filed Oct 9, 2026; the Form 4 does not indicate it was late.

Why it may matter

• These entries reflect an in-kind distribution from a dissolving partnership, not an open-market purchase or sale.
• The derivative entries reflect distributed derivative securities reported separately from common shares.
• As a 10% owner, Mr. Onorati is a large holder. A filing does not show why the insider traded or why the company acted.