leadership
confidence high
sentiment neutral
materiality 0.50
Bruce Rosenbloom transitions from CFO to EVP of Finance; new agreement: $330k salary, 70k RSUs, $630k payment
DeFi Development Corp.
- Rosenbloom resigned as CFO effective April 17, 2025; continues as EVP of Finance under new employment agreement.
- Base salary of $330,000; target annual bonus of 40% of base salary ($132,000 target).
- Receives RSU award for 70,000 shares vesting 25% on first anniversary, then monthly over 36 months.
- Entitled to lump-sum payment of $630,000 from prior CFO resignation terms, payable by July 3, 2025.
- Change-in-control severance: 2x base salary plus full equity acceleration if terminated within 6 months post-CIC.
item 5.02item 9.01