Velarion · Company Intelligence
Compensation Brief
Fiscal year 2024 · Filings through 2025-11-05

DeFi Development (DFDV)

Fiscal year 2024 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
Companies that benchmark against DFDV
No companies currently name DFDV as a compensation peer in their most recent disclosure.

This is the complete answer, not a partial one — the list is never padded.

01

Summary Compensation Table — fiscal year 2024

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Blake Janover$478,654$20,000$0$0$0$0$0$498,654
Former Chief Executive Officer and President (Principal Executive Officer)
Bruce Rosenbloom251,92330,00000000281,923
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.

Three-year trend — total compensation per named executive

Named executive officerFY2024 totalFY2023 totalFY2022 totalΔ FY20232024
Blake Janover$498,654$552,058−53,404
Bruce Rosenbloom281,923379,577−97,654

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

04

Outstanding equity awards at fiscal year-end 2024

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Marcelo LemosPSU2,500$46,000
William CaragolPSU2,50068,000
Samuel HaskellPSU1,00032,000
Ned L. SiegelPSU1,00038,000
Ned L. SiegelRSU509,7890
05

Incentive-plan design — the Compensation Discussion & Analysis

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultant
Clawback policyTrue
Anti-hedgingTrue
Anti-pledgingTrue
08

Director compensation — fiscal year 2024

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
William CaragolIndependent · Audit (Chair) · Compensation · Nominating/Governance (Chair)$0$2,500$0$68,000$70,500
Marcelo LemosIndependent · Departed during FY02,500046,00048,500
Ned L. SiegelIndependent · Departed during FY01,000038,00039,000
Samuel HaskellIndependent · Departed during FY01,000032,00033,000
Zachary TaiIndependent · Audit · Compensation (Chair) · Nominating/Governance · Newly elected00000
Blake JanoverEmployee director00000
Thomas PerfumoIndependent · Audit · Compensation · Nominating/Governance · Newly elected00000
Joseph OnoratiEmployee director · Board Chair · Newly elected00000
09

Board fee structure and ownership guideline

Annual cash retainer
Annual equity retainer
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)
Stock ownership guideline
09b

Total cost of the board

ComponentFY2024
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.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1DeFi Development2024Blake 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.

11

Source register

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.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Blake JanoverDEF 14A2025-11-050001213900-25-106441Section “Summary Compensation Table”. As printed: 498,654. Filing ↗machine: span 279384–279391
2Section 01, Bruce RosenbloomDEF 14A2025-11-050001213900-25-106441Section “Summary Compensation Table”. As printed: 281,923. Filing ↗machine: span 312592–312599
3Section 08, William CaragolDEF 14A2025-11-050001213900-25-106441Section “Director Compensation”. As printed: 70,500. Filing ↗machine: t8 · r1 · c13 · span 471734–471740
4Section 08, Marcelo LemosDEF 14A2025-11-050001213900-25-106441Section “Director Compensation”. As printed: 48,500. Filing ↗machine: t8 · r3 · c13 · span 488399–488405
5Section 08, Ned L. SiegelDEF 14A2025-11-050001213900-25-106441Section “Director Compensation”. As printed: 39,000. Filing ↗machine: t8 · r4 · c13 · span 496726–496732
6Section 08, Samuel HaskellDEF 14A2025-11-050001213900-25-106441Section “Director Compensation”. As printed: 33,000. Filing ↗machine: t8 · r2 · c13 · span 480057–480063
7Section 08, Zachary TaiDEF 14A2025-11-050001213900-25-106441Section “Director Compensation”. As printed: 0. Filing ↗
8Section 08, Blake JanoverDEF 14A2025-11-050001213900-25-106441Section “Director Compensation”. As printed: 0. Filing ↗
9Section 08, Thomas PerfumoDEF 14A2025-11-050001213900-25-106441Section “Director Compensation”. As printed: 0. Filing ↗
10Section 08, Joseph OnoratiDEF 14A2025-11-050001213900-25-106441Section “Director Compensation”. As printed: 0. Filing ↗
11Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
12Section 09b board cost (computed)ComputedcomputedCash 0 + equity 7,000 + all other 184,000 = 191,000, summed across the director compensation table rows.machine: formula: Σ = 191,000
13DeFi Development (subject), Section 10b CEO totalDEF 14A2025-11-050001213900-25-106441CEO total compensation as printed in DeFi Development's own proxy. As printed: 498,654. Filing ↗machine: span 279384–279391