secwatch.observer — SEC 8-K summary
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Issuer:     DeFi Development Corp. (DFDV)
CIK:        0001805526
Form:       8-K
Filed at:   2025-06-05T23:59:59+00:00
Accession:  0001213900-25-051653
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bruce Rosenbloom transitions from CFO to EVP of Finance; new agreement: $330k salary, 70k RSUs, $630k payment
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1805526/000121390025051653/0001213900-25-051653-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1805526/000121390025051653/ea0244889-8k_defi.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-051653

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer