# EDGAR Filing Document

**Accession Number:** 0001805526
**File Stem:** 0001225208-25-009461
**Filing Date:** 2025-11
**Character Count:** 8804
**Document Hash:** 024e66fc740f48cd051efeca1cf4f2c9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001225208-25-009461.hdr.sgml**: 20251125

**ACCESSION NUMBER**: 0001225208-25-009461

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251027

**FILED AS OF DATE**: 20251125

**DATE AS OF CHANGE**: 20251125

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** White Parker
- **CENTRAL INDEX KEY:** 0002061848

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-41748
- **FILM NUMBER:** 251523591

**MAIL ADDRESS:**
- **STREET 1:** 1530 P B LN W5205
- **CITY:** WICHITA FALLS
- **STATE:** TX
- **ZIP:** 76302
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** DeFi Development Corp.
- **CENTRAL INDEX KEY:** 0001805526
- **STANDARD INDUSTRIAL CLASSIFICATION:** FINANCE SERVICES [6199]
- **ORGANIZATION NAME:** 09 Crypto Assets
- **EIN:** 832676794
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** 6401 CONGRESS AVE
- **STREET 2:** STE 250
- **CITY:** BOCA RATON
- **STATE:** FL
- **ZIP:** 33487
- **BUSINESS PHONE:** 5615594111

**MAIL ADDRESS:**
- **STREET 1:** 6401 CONGRESS AVE
- **STREET 2:** STE 250
- **CITY:** BOCA RATON
- **STATE:** FL
- **ZIP:** 33487

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Janover Inc.
- **DATE OF NAME CHANGE:** 20210329

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Janover Ventures LLC
- **DATE OF NAME CHANGE:** 20200304

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>White Parker<br><sub>(Last) (First) (Middle)</sub><br>6041 CONGRESS AVENUE, SUITE 250<br><sub>(Street)</sub><br>BOCA RATON, FL 33487<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2025-10-27 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director [X] 10% Owner<br>[X] Officer (give title below) [ ] Other (specify below)<br>_COO & Chief Investment Officer_ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>DeFi Development Corp. [ DFDV ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Common Stock | 2025-11-21 |  | J |  | 242071<sup>(1)</sup> | A | $0 | 242071 | D |  |
| Common Stock | 2025-11-25 |  | P |  | 7041 | A | $6.9000 | 249112 | D |  |
| Common Stock | 2025-11-25 |  | P |  | 3003 | A | $6.9400 | 252115 | D |  |
| Common Stock | 2025-11-21 |  | J |  | 395295<sup>(2)</sup> | D | $0 | 2488992<sup>(3)</sup> | I | By Defi Dev LLC<sup>(4)</sup> |
| Common Stock | 2025-11-21 |  | J |  | 271043<sup>(5)</sup> | D | $4.9600 | 333841<sup>(3)</sup> | I | By SolSync Solutions Partnership<sup>(6)</sup> |
| Series A Preferred Stock |  |  |  |  |  |  |  | 4500 | I | By Defi Dev LLC<sup>(4)</sup> |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| Warrant (Right to buy) | $22.5000 | 2025-11-21 |  | J |  | 220397<sup>(1)</sup> |  | 2025-11-16 | 2028-01-21 | Common Stock | 220397 | $0 | 220397 | D |  |
| Warrant (Right to buy) | $22.5000 | 2025-10-27 |  | J |  | 288428<sup>(7)</sup> |  | 2025-11-16 | 2028-01-21 | Common Stock | 288428 | $0 | 288428 | I | By Defi Dev LLC<sup>(4)</sup> |
| Warrant (Right to buy) | $22.5000 | 2025-11-21 |  | J |  |  | 288428<sup>(1)</sup> | 2025-11-16 | 2028-01-21 | Common Stock | 288428 | $0 | 0 | I | By Defi Dev LLC<sup>(4)</sup> |
| Warrant (Right to buy) | $22.5000 | 2025-10-27 |  | J |  | 60488<sup>(7)</sup> |  | 2025-11-16 | 2028-01-21 | Common Stock | 60488 | $0 | 60488 | I | By SolSync Solutions Partnership<sup>(6)</sup> |
| Warrant (Right to buy) | $22.5000 | 2025-11-21 |  | J |  |  | 27104<sup>(8)</sup> | 2025-11-16 | 2028-01-21 | Common Stock | 27104 | $0 | 33384 | I | By SolSync Solutions Partnership<sup>(6)</sup> |
| Stock Option (Right to buy) | $3.9100 |  |  |  |  |  |  | 2026-04-09 | 2035-04-09 | Common Stock | 191989 |  | 191989 | D |  |

---

### Footnotes:

(1) Represents a pro rata distribution from Defi Dev LLC of which the reporting person serves as manager.

(2) Represents a pro rata distribution from Defi Dev LLC to its Class A members.

(3) Reflects a 7-for-1 forward stock split effective on May 21, 2025.

(4) Defi Dev LLC is a manager-managed limited liability company, with Parker White serving as manager.

(5) Represents the transfer of beneficial ownership in shares held by SolSync Solutions Partnership, an Alaska general partnership, through transfer of partnership units to Defi International Holding LLC, of which Joseph Onorati is manager, in connection with repayment of a loan.

(6) Parker White and Joseph Onorati are partners of SolSync Solutions Partnership, an Alaska general partnership. Parker White is the general partner and maintains voting and dispositive control over the reported shares.

(7) On October 8, 2025, DFDV declared a warrant dividend of warrants to purchase common stock in the amount of 1 warrant for each 10 shares of common stock held by each shareholder of record on October 23, 2025. The warrants were distributed on or around October 27, 2025. As a result, the reporting person received 288,428 warrants to purchase DFDV common stock.

(8) Represents the transfer of beneficial ownership in warrants to purchase common stock held by SolSync Solutions Partnership, an Alaska general partnership, through transfer of partnership units to Defi International Holding LLC, of which Joseph Onorati is manager, in connection with repayment of a loan.

**Signature:** /s/ Parker  White  
**Date:** 2025-11-25

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**