SOFI insider sale disclosed: 24,147 shares valued at $551,725 planned
Rhea-AI Filing Summary
Form 144 for SoFi Technologies (SOFI) shows that Arun R. Pinto intends to sell 24,147 shares of common stock through Fidelity Brokerage Services on 08/15/2025, with an aggregate market value of $551,725.14 and the transaction venue listed as NASDAQ. The shares were acquired on 08/14/2025 through restricted stock vesting and were paid as compensation on the same date. The filing discloses prior sales by the same person within the past three months: 24,290 shares sold on 05/15/2025 for $331,123.71 and 5,611 shares sold on 06/17/2025 for $82,244.92. The notice includes the required representation that the seller is not aware of undisclosed material adverse information.
Positive
- None.
Negative
- Planned insider sale: 24,147 shares with aggregate market value of $551,725.14 scheduled for 08/15/2025
- Recent dispositions: Seller sold 24,290 shares on 05/15/2025 for $331,123.71 and 5,611 shares on 06/17/2025 for $82,244.92
Insights
TL;DR: Insider plans a routine sale of vested restricted stock worth ~$552k; prior small sales occurred in May and June.
The filing reports a planned sale of 24,147 shares acquired via restricted stock vesting and paid as compensation on 08/14/2025. The aggregate market value of the planned sale is stated as $551,725.14 and execution is through Fidelity on NASDAQ. Two prior dispositions by the same person in the last three months are disclosed, totaling 29,901 shares for gross proceeds of $413,368.63. This is a disclosure of insider selling activity tied to compensation vesting, not a financial statement or operational disclosure.
TL;DR: Filing documents compliance with Rule 144 for disposition of vested equity; contains standard seller representation.
The form documents that the securities were acquired by restricted stock vesting and that the seller affirms no undisclosed material adverse information. Timing, broker, amounts, and prior recent sales are provided, consistent with Rule 144 disclosure requirements. The filing does not include any statements about company operations, governance changes, or other material events beyond the insider's sale activity.