Stablecoin Development (SDEV) 10% owner Framework Ventures IV acquired 11,361,216 shares
Insider transactions reported
Framework Ventures IV L.P. (10% owner at Stablecoin Development Corporation, SDEV) reported that they acquired 11,361,216 shares between Oct 16, 2025 and Oct 21, 2025. After these transactions the filing shows 11,361,216 shares held directly.
- Reporting person
- Framework Ventures IV L.P.
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Oct 21, 2025 | Conversion of a derivative (C) | Common Stock1 | +11,361,216 | - | - | 11,361,216 direct |
Options and other derivatives
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Oct 16, 2025 | Open-market purchase (P) | Pre-Funded Warrants (Right to Buy)On 11,332,020 Common Stock2, 3 | +11,332,020 | - | - | 11,332,020 direct |
Holdings before and after
- Common Stock: 0 to 11,361,216 direct
- Pre-Funded Warrants (Right to Buy): 0 to 11,332,020 direct
Footnotes from the filing
- 1. This amendment updates the beneficial ownership of the Reporting Persons to reflect the Issuer's 1-for-5 reverse stock split (the Reverse Stock Split ) that became effective on February 20, 2026, pursuant to which the number of shares of Common Stock held by the Reporting Persons was adjusted from 56,806,080 to 11,361,216.
- 2. This amendment updates the beneficial ownership of the Reporting Persons to reflect anti-dilution adjustments under the pre-funded warrants issued by the Issuer to Framework Ventures IV L.P. and other investors on October 16, 2025 (the Pre-Funded Warrants ). As a result of dilutive issuances of the Issuer's Common Stock during the fourth quarter of 2025, the anti-dilution adjustments of the Pre-Funded Warrants increased the Reporting Person's aggregate number of shares of Common Stock issuable upon exercise of the Pre-Funded Warrants to 56,660,098 on a pre-Reverse Stock Split basis, which was adjusted to 11,332,020 on a post-Reverse Stock Split basis.
- 3. The Pre-Funded Warrants have no expiration date and are exercisable for shares of Common Stock at any time.
Transaction codes in this filing
- Conversion of a derivative:
- Code C marks the conversion of a derivative, such as preferred stock or units, into another security.
FAQ
What did Framework Ventures IV report in this SDEV Form 4?
Framework Ventures IV L.P. (10% owner at Stablecoin Development Corporation, SDEV) reported that they acquired 11,361,216 shares between Oct 16, 2025 and Oct 21, 2025. After these transactions the filing shows 11,361,216 shares held directly.
How many SDEV shares does Framework Ventures IV hold after this filing?
The filing shows 11,361,216 shares held directly after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.
What does transaction code C mean on an SEC Form 4?
Code C marks the conversion of a derivative, such as preferred stock or units, into another security.
Historical context for SDEV
Earlier insider filings at SDEV
- Market cap
- 30-day
- Sector
- Health Care
- Industry
- Biotechnology: Pharmaceutical Preparations
Follow SDEV and get a push notification the moment its next story breaks.