---
schema_version: "secwatch.filing_event.v1"
accession: "0001805526-26-000010"
form_type: "8-K"
ticker: "DFDV"
cik: "0001805526"
company_name: "DeFi Development Corp."
filed_at: "2026-04-06T23:59:59+00:00"
generated_at: "2026-05-15T07:24:55.051220+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# DeFi Development Corp. appoints former Walmart exec/VIZIO CFO Adam Townsend to board

## Summary
- Adam Townsend, former VIZIO CFO and Walmart executive, appointed to Board of Directors effective April 4, 2026.
- Townsend will receive 28,170 restricted stock units (quarterly vesting over 1 year) and $7,000 quarterly cash retainer.
- He oversaw financial integration of VIZIO's $2.3B acquisition by Walmart; previously CFO at Showtime Networks.
- Company is first US public firm with treasury strategy to accumulate and compound Solana (SOL).

## SEC filing metadata
- accession: 0001805526-26-000010
- form_type: 8-K
- ticker: DFDV
- cik: 0001805526
- company_name: DeFi Development Corp.
- filed_at: 2026-04-06T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1805526/000180552626000010/0001805526-26-000010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1805526/000180552626000010/dfdv-20260404.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001805526-26-000010
- JSON: https://secwatch.observer/filing/0001805526-26-000010.json
- Plain text: https://secwatch.observer/filing/0001805526-26-000010.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.