[144] SoFi Technologies, Inc. SEC Filing

Rhea-AI Filing Summary

SoFi Technologies insider sale notice: This Form 144 reports that 142,578 shares of SoFi common stock, acquired on 09/15/2025 through restricted stock vesting, are proposed for sale via Fidelity Brokerage Services (Smithfield, RI) with an approximate aggregate market value of $3,848,080.42 and an approximate sale date of 09/16/2025 on NASDAQ. The filer is identified as Jeremy D. Rishel, who previously sold 140,494 shares on 06/17/2025 for $2,059,332.95 and 66,847 shares on 06/20/2025 for $1,039,470.85. The notice states the sales arise from compensation (vesting) and includes the signer’s representation that no undisclosed material adverse information is known.

Positive

• Disclosure compliance: The filer provided required Rule 144 details including acquisition date, nature (restricted stock vesting), broker, and aggregate market value.
• Transparency on recent sales: The filing lists two prior sales on 06/17/2025 and 06/20/2025 with gross proceeds stated, enabling visibility into recent insider liquidity.

Negative

• Insider selling a sizable block: 142,578 shares with an aggregate market value of $3,848,080.42 are proposed for sale, which may be viewed negatively by some investors.
• No trading-plan date disclosed: The filing does not indicate a 10b5-1 plan adoption date or trading instructions, limiting context on whether sales are pre-planned.

Insights

Corporate Governance Expert

TL;DR Insider filing shows routine sale of vested shares; disclosure aligns with Rule 144 requirements and contains standard certifications.

The Form 144 documents a planned sale of 142,578 shares that were acquired through restricted stock vesting and identifies the broker and expected market. From a governance perspective this is a standard insider compliance filing: it provides acquisition date, nature of acquisition (compensation), recent insider sales and the required certification about undisclosed material information. The filing does not disclose any internal communications, trading plan dates, or material non-public facts. This limits interpretation to a routine disclosure of compensation-related share disposals rather than any governance red flag.

Securities Analyst

TL;DR Insider proceeds and upcoming sale are disclosed; prior June sales are material-sized but no price or strategy context is provided.

From a market-impact standpoint, the notice quantifies the position to be sold and prior sales in the past three months, allowing investors to see recent insider liquidity: 140,494 shares (6/17/2025) and 66,847 shares (6/20/2025) with stated gross proceeds. The current lot originates from restricted stock vesting on 09/15/2025 and is to be sold the next day. The filing provides necessary transactional details but does not include a 10b5-1 plan adoption date or other trading-plan information, so it cannot be assessed whether sales follow a pre-established program.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	142578	3848080.42	1197450100	09/16/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	09/15/2025	Restricted Stock Vesting	Issuer			142578	09/15/2025	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Jeremy D. Rishel 234 1st Street San Francisco CA 94105	Common	06/17/2025	140494	2059332.95
Jeremy D. Rishel 234 1st Street San Francisco CA 94105	Common	06/20/2025	66847	1039470.85

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does SoFi's Form 144 filed by Jeremy D. Rishel disclose?

It discloses a proposed sale of 142,578 shares acquired via restricted stock vesting on 09/15/2025, with an approximate aggregate market value of $3,848,080.42 and an approximate sale date of 09/16/2025 on NASDAQ.

Which broker will handle the sale listed on the Form 144 for SOFI?

The sale is listed to be executed through Fidelity Brokerage Services LLC, 900 Salem Street, Smithfield RI 02917.

Has the insider sold other SoFi shares recently?

Yes. The filing reports prior sales by Jeremy D. Rishel of 140,494 shares on 06/17/2025 for $2,059,332.95 and 66,847 shares on 06/20/2025 for $1,039,470.85.

What was the acquisition method for the shares being sold?

The shares were acquired through restricted stock vesting and the stated nature of payment at acquisition is compensation.

Does the Form 144 state that the filer knows of any undisclosed material adverse information?

The signer represents by signing the notice that they do not know any material adverse information regarding the issuer that has not been publicly disclosed.