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Leadership changes · CHAD · SEC Form 8-K, Item 5.02

Leadership changes at DeFi Development Corp. (2026)

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Who joined and who left DeFi Development Corp. (CHAD)? 1 appointment and 1 departure reported from 2026-04-06 to 2026-10-21, each cited to the company's own filing.

Parker White's departure as Chief Operating Officer and Chief Investment Officer of DeFi Development Corp. was reported, effective June 8, 2026; the filing names no successor. As of November 6, 2026, DeFi Development Corp. has reported 3 leadership change filings to the SEC under Item 5.02 of Form 8-K, from April 6, 2026 to October 21, 2026, naming 1 appointment and 1 departure (Form 8-K, June 10, 2026).

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Payward, Inc. also filed stake reports on 1 other company ↓

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Key facts

  • · In / out: Reported · Person: not named in the filing · 8-K, 2026-10-21
  • · In / out: Out · Person: Parker White · Role: Chief Operating Officer and Chief Investment Officer · Effective: 2026-06-08 · 8-K, 2026-06-10
  • · In / out: In · Person: Adam Townsend · Role: Director · 8-K, 2026-04-06
Changes3
In (appointed)1
Out (departing)1
Latest filing2026-10-21

DeFi Development Corp. reported changes in 3 filings among its directors and officers to the SEC on Form 8-K, Item 5.02, from 2026-04-06 to 2026-10-21. They name 2 people, with 1 appointment and 1 departure. Every row below is cited to the filing it comes from, and this page adds each new change as DeFi Development Corp. files it.

Also on the record for DeFi Development Corp.

DateRecordFigureOur pageSource
November 25, 2025Stake report, Schedule 13D/A, by Defi Dev LLC11.5% of the class5%+ stakesSource
October 21, 2025Stake report, Schedule 13G, by Kenneth Griffin4.5% of the class5%+ stakesSource
July 30, 2025Stake report, Schedule 13G/A, by Payward, Inc.4.86% of the class5%+ stakesSource

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Timeline

FiledIn / outPersonRoleEffectiveSource
2026-10-21Reportednot named in the filing8-K, 2026-10-21
2026-06-10OutChief Operating Officer and Chief Investment Officer2026-06-088-K, 2026-06-10
2026-04-06InDirector8-K, 2026-04-06

Who leads DeFi Development Corp., as last reported?

For each role that changed in the filings below, the most recent change reported. A role that did not change in these filings is not listed.

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Every change, in the filing's words

Filed 2026-10-21 · 8-K

Reported

On October 21, 2026, Adam Townsend and Thomas Perfumo each notified DeFi Development Corp. (the "Company") of their resignations from the Company's Board of Directors (the "Board"), effective immediately.

Also stated in this filing

  • The Company thanks Mr. Townsend and Mr. Perfumo for their respective service and contributions to the Board.
  • The resignations of Mr. Townsend and Mr. Perfumo were not the result of any disagreements with the Company on any matter relating to its operations, policies or practices.
Filed 2026-06-10 · 8-K

Departing: Parker White, Chief Operating Officer and Chief Investment Officer, effective 2026-06-08

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.

Also stated in this filing

  • 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.
Filed 2026-04-06 · 8-K

Appointed: Adam Townsend, Director

On April 4, 2026, the Board of Directors (the "Board") of DeFi Development Corp. (the "Company") elected Adam Townsend as a director of the Company, to fill the newly created directorship resulting from an increase in the size of the Board to seven directors.

Also stated in this filing

  • The Board approved a grant of 28,170 restricted stock units to Mr. Townsend, which will vest quarterly over the next year.
  • He will also be entitled to receive a quarterly cash retainer of $7,000 for service as a director.

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Where this comes from

A public company must file a current report on Form 8-K with the SEC within four business days when a director leaves or is elected, or when its chief executive, chief financial, chief accounting or chief operating officer, or another named executive, departs or is appointed. That disclosure goes under Item 5.02 of the report.

Every change on this page is taken from one of those filings and quoted in the company's own words, with a link to the filing, so it can be checked at the source. Where a filing names the person, the role and the date a change takes effect, they are shown beside the quote. Where it does not, the quote stands on its own. A filing states what changed; it rarely states why, and neither does this page.

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Cite this page

Permanent URL: https://mentionfox.com/executive-changes/defi-development
Last updated 2026-11-06
Primary record: SEC filing 1 · SEC filing 2 · SEC filing 3 · SEC filing 4
Who joined and who left DeFi Development Corp.? (2026). MentionFox, 2026-11-06. https://mentionfox.com/executive-changes/defi-development