Former CEO Blake Janover was paid $498,654 in fiscal year 2024, ↓ down 9.7% from fiscal year 2023 (SEC filing 0001213900-25-106441 ↗): executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.
$498,654 ↓ Blake Janover total, FY2024 | — CEO pay percentile vs peers | — CEO-to-median pay ratio | — Say-on-pay support, latest vote |
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| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Blake Janover | $478,654 | $20,000 | $0 | $0 | $0 | $0 | $0 | $498,654 |
| Former Chief Executive Officer and President (Principal Executive Officer) | ||||||||
| Bruce Rosenbloom | 251,923 | 30,000 | 0 | 0 | 0 | 0 | 0 | 281,923 |
| Former Chief Financial Officer (Principal Financial Officer) | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
| Named executive officer | FY2024 total | FY2023 total | FY2022 total | Δ FY2023→2024 |
|---|---|---|---|---|
| Blake Janover | $498,654 | $552,058 | — | ↓ −53,404 |
| Bruce Rosenbloom | 281,923 | 379,577 | — | ↓ −97,654 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
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This is the complete answer, not a partial one — the list is never padded.
One page per officer: the same table above, read for one person at a time — his own figure and every fiscal year the register holds.
| Executive | Role | FY2024 total |
|---|---|---|
| Blake Janover | CEO | $498,654 |
| Bruce Rosenbloom | CFO | $281,923 |
One page per director: the seat, the committees and the fee table, read for one person at a time.
| Director | Role | FY2024 total |
|---|---|---|
| Joseph Onorati | Chair of the Board | — |
| Marcelo Lemos | Former director (through FY2024) | $48,500 |
| Ned L. Siegel | Former director (through FY2024) | $39,000 |
| Samuel Haskell | Former director (through FY2024) | $33,000 |
| William Caragol | Independent Director | $70,500 |
No insider equity transactions reported since the proxy statement.
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Bruce Rosenbloom | RSU | 2023-09-07 | — | — | 196,875 | — | $292,500 |
| Bruce Rosenbloom | RSU | 2025-05-30 | — | — | 70,000 | — | — |
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| Bruce Rosenbloom | $292,500 | $0 | $0 | 0.0% |
% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Blake Janover | RSU | 10,000 | — | $58,700 |
| Blake Janover | RSU | 5,796,713 | — | 34,026,705 |
| Blake Janover | RSU | 2,884,287 | — | 16,930,765 |
| Blake Janover | RSU | 2,216,137 | — | 13,008,724 |
| Blake Janover | RSU | 1,752,069 | — | 10,284,645 |
| Blake Janover | RSU | 5,500 | — | 32,285 |
| Blake Janover | RSU | 4,500 | — | 26,415 |
| CEO STI target (% of salary) | NaN% |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | — |
| Clawback policy | Adopted November 27, 2023, effective December 1, 2023, to comply with Section 10D of the Exchange Act. Mandatory recovery of erroneously awarded incentive-based compensation from Covered Officers in the event of an accounting restatement, regardless of misconduct, with a 3-year lookback period. |
| Anti-hedging | Insider trading policy prohibits hedging activities, short sales, options trading, holding securities in margin accounts, or pledging securities as collateral without advance approval of the CEO and CFO. |
| Anti-pledging | Insider trading policy prohibits pledging the Company's securities as collateral for a loan without advance approval of the CEO and CFO. |
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| William CaragolIndependent · Audit (Chair) · Compensation · Nominating and Corporate Governance (Chair) | — | $2,500 | $0 | $0 | $68,000 | $70,500 |
| Marcelo LemosIndependent · Departed during FY | — | 2,500 | 0 | 0 | 46,000 | 48,500 |
| Ned L. SiegelIndependent · Departed during FY | — | 1,000 | 0 | 0 | 38,000 | 39,000 |
| Samuel HaskellIndependent · Departed during FY | — | 1,000 | 0 | 0 | 32,000 | 33,000 |
| Blake JanoverEmployee director | — | — | — | — | — | 0 |
| Joseph OnoratiEmployee director · Board Chair · Newly elected | — | — | — | — | — | 0 |
| Zachary TaiIndependent · Audit · Compensation (Chair) · Nominating and Corporate Governance · Newly elected | — | — | — | — | — | — |
| Thomas PerfumoIndependent · Audit · Compensation · Nominating and Corporate Governance · Newly elected | — | — | — | — | — | — |
| Annual cash retainer | — |
|---|---|
| Annual equity retainer | — |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | — |
| Stock ownership guideline | — |
| Component | FY2024 |
|---|---|
| Cash retainers and fees | $0 |
| Equity awards (grant-date value) | $7,000 |
| All other compensation | $184,000 |
| Total cost of the board | $191,000 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | DeFi Development | 2024 | Blake Janover | $478,654 | $0 | $0 | $0 | $498,654 |
Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.
Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.
| # | Supports | Document | Filed | Accession | Location in document |
|---|---|---|---|---|---|
| 1 | Section 01, Blake Janover | DEF 14A | 2025-11-05 | 0001213900-25-106441 | Section “Executive Compensation”. As printed: 498,654. Filing ↗machine: span 279384–279391 |
| 2 | Section 01, Bruce Rosenbloom | DEF 14A | 2025-11-05 | 0001213900-25-106441 | Section “Executive Compensation”. As printed: 281,923. Filing ↗machine: span 312592–312599 |
| 3 | Section 03, Bruce Rosenbloom RSU | DEF 14A | 2025-11-05 | 0001213900-25-106441 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 321034–321041 |
| 4 | Section 03, Bruce Rosenbloom RSU | DEF 14A | 2025-11-05 | 0001213900-25-106441 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 375364–375370 |
| 5 | Section 08, William Caragol | DEF 14A | 2025-11-05 | 0001213900-25-106441 | Section “Director Compensation”. As printed: 70,500. Filing ↗ |
| 6 | Section 08, Marcelo Lemos | DEF 14A | 2025-11-05 | 0001213900-25-106441 | Section “Director Compensation”. As printed: 48,500. Filing ↗ |
| 7 | Section 08, Ned L. Siegel | DEF 14A | 2025-11-05 | 0001213900-25-106441 | Section “Director Compensation”. As printed: 39,000. Filing ↗ |
| 8 | Section 08, Samuel Haskell | DEF 14A | 2025-11-05 | 0001213900-25-106441 | Section “Director Compensation”. As printed: 33,000. Filing ↗ |
| 9 | Section 08, Blake Janover | DEF 14A | 2025-11-05 | 0001213900-25-106441 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 10 | Section 08, Joseph Onorati | DEF 14A | 2025-11-05 | 0001213900-25-106441 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 11 | Section 08, Zachary Tai | DEF 14A | 2025-11-05 | 0001213900-25-106441 | Section “Director Compensation”. As printed: —. Filing ↗ |
| 12 | Section 08, Thomas Perfumo | DEF 14A | 2025-11-05 | 0001213900-25-106441 | Section “Director Compensation”. As printed: —. Filing ↗ |
| 13 | Section 01 trend, Δ column (computed) | Computed | — | — | Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1) |
| 14 | Section 03b vehicle mix (computed) | Computed | — | — | RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio |
| 15 | Section 09b board cost (computed) | Computed | — | — | Cash 0 + equity 7,000 + all other 184,000 = 191,000, summed across the director compensation table rows.machine: formula: Σ = 191,000 |
| 16 | DeFi Development (subject), Section 10b CEO total | DEF 14A | 2025-11-05 | 0001213900-25-106441 | CEO total compensation as printed in DeFi Development's own proxy. As printed: 498,654. Filing ↗machine: span 279384–279391 |
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