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DeFi Development Corp. Board/Management Information 2026

Jun 10, 2026

33002_rns_2026-06-10_27f8217b-d104-4555-b380-58544b81f695.zip

Board/Management Information

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): June 8, 2026

DEFI DEVELOPMENT CORP.

(Exact name of registrant as specified in its charter)

Delaware 001-41748 83-2676794
(State or other jurisdiction of Incorporation) (Commission File Number) (IRS Employer Identification Number)
6401 Congress Avenue , Suite 250 Boca Raton , FL 33487
(Address of registrant’s principal executive office) (Zip code)

( 561 ) 559-4111

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading symbol(s) Name of each exchange on which registered
Common Stock, par value $0.00001 per share DFDV The Nasdaq Stock Market LLC
Warrants, each warrant exercisable for one share of Common Stock DFDVW The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers; Compensatory Arrangements of Certain Officers.

On June 8, 2026, Parker White, Chief Operating Officer and Chief Investment Officer of DeFi Development Corp. (the “Company”), resigned from his positions with the Company and the Company agreed to a separation agreement (the “Separation Agreement”) with respect to the termination of Mr. White’s employment with the Company, effective as of June 8, 2026.

Pursuant to the Separation Agreement, Mr. White will be entitled to receive cash payments totaling $250,000 over the next twelve months in exchange for, among other things, a release of claims against the Company. In addition, the Company agreed to accelerate the vesting of 213,272 of Mr. White's outstanding unvested options granted under the Company’s 2023 Equity Incentive Plan. The Company also intends to engage Mr. White for certain ongoing consulting services for consideration in the amount of $8,333 per month to provide consultation regarding transition of operations of certain validators owned by the Company and related matters.

The foregoing description of the Separation Agreement does not purport to be complete and is qualified in its entirety by reference to the complete text of the agreement, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits .

Exhibit No. Description
10.1 Separation Agreement, dated as of June 8, 2026, by and between the Company and Parker White.
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: June 10, 2026
By: /s/ Joseph Onorati
Name: Joseph Onorati
Title: Chairman & CEO