10/09/2026 | Press release | Distributed by Public on 10/09/2026 14:40
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FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
| 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 control number. | SEC 1474 (9-02) | ||
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1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) |
4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Warrant (Right to buy) | $22.5 | 10/07/2026 | J(1) | 33,384 | 11/16/2025 | 01/21/2028 | Common Stock | 33,384 | $ 0 | 0 | I | By SolSync Solutions Partnership(2) | |||
| Warrant (Right to buy) | $22.5 | 10/07/2026 | J(1) | 33,384 | 11/16/2025 | 01/21/2028 | Common Stock | 33,384 | $ 0 | 253,781 | D | ||||
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
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White Parker C/O DEFI DEVELOPMENT CORP. 6401 CONGRESS AVENUE, SUITE 250 BOCA RATON, FL 33487 |
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| /s/ Parker White | 10/09/2026 | |
| **Signature of Reporting Person | Date |
| * | 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). |
| (1) | On October 7, 2026, SolSync Solutions Partnership, an Alaska general partnership (the "Partnership"), dissolved and distributed all of the securities of the Issuer that it held to its two partners in kind, in complete liquidation of their partnership interests and in proportion to their respective percentage interests, for no consideration. Parker White previously reported only the securities held by the Partnership in which he had a pecuniary interest. |
| (2) | Parker White was the general partner of the Partnership and maintained voting and dispositive control over the securities held by the Partnership. Following the distribution, the Partnership holds no securities of the Issuer and is being wound up. |
| (3) | Defi Dev LLC is a manager-managed limited liability company, with Parker White serving as manager. |