[144] SoFi Technologies, Inc. SEC Filing

Rhea-AI Filing Summary

SoFi Technologies, Inc. (SOFI) reported a Form 144 notice that a holder plans to sell 23,354 common shares that vested as restricted stock on 08/14/2025. The shares are scheduled for sale on or about 08/15/2025 on NASDAQ with an aggregate market value reported at $533,606.20, based on 1,197,450,100 shares outstanding. The filing shows the shares were acquired by restricted stock vesting from the issuer and payment is listed as compensation. The notice also discloses a prior sale by the same person of 22,989 common shares on 05/15/2025 for $313,388.35. The filer affirms they have no undisclosed material adverse information about the issuer.

Positive

• Clear disclosure of planned sale of 23,354 vested common shares with aggregate market value of $533,606.20
• Acquisition and payment type provided (restricted stock vesting; compensation), which aids investor transparency
• Previous recent sale disclosed (22,989 shares sold 05/15/2025 for $313,388.35), showing consistency in reporting

Negative

• None.

Insights

Securities Analyst

TL;DR: Routine insider sale of vested restricted stock totaling 23,354 shares; not evidently material to company fundamentals.

This Form 144 documents a planned sale of vested restricted shares by an insider or affiliate. The position size (23,354 shares, ~$0.53M) is small relative to stated outstanding common shares (1,197,450,100), implying limited direct dilution or market impact. The filing also records a recent prior sale of similar magnitude, indicating ongoing monetization of vested compensation rather than a single large disposition. No disclosure here indicates any undisclosed material adverse information.

Corporate Governance Expert

TL;DR: Disclosure meets Rule 144 requirements for proposed sale of vested compensation; procedural, not a governance red flag on its face.

The notice identifies the acquisition as restricted stock vesting and lists compensation as the payment nature, which aligns with standard insider compensation practices. The filer’s representation that no material nonpublic information exists is included as required. Absent additional context—such as unusually large insider sales or concurrent management departures—this filing reads as routine transparency around insider liquidity.

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	23354	533606.20	1197450100	08/15/2025	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	08/14/2025	Restricted Stock Vesting	Issuer			23354	08/14/2025	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
Eric J. Schuppenhauer 234 1st Street San Francisco CA 94105	Common	05/15/2025	22989	313388.35

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 for SOFI disclose about the planned sale?

The filing discloses a proposed sale of 23,354 common shares (vested restricted stock) scheduled about 08/15/2025 on NASDAQ with reported aggregate market value $533,606.20.

How were the shares being sold by the SOFI filer acquired?

The shares were acquired on 08/14/2025 through restricted stock vesting from the issuer and the payment nature is listed as compensation.

Has the filer sold SOFI shares recently before this Form 144?

Yes. The filing discloses a prior sale of 22,989 common shares on 05/15/2025 for $313,388.35.

Will this Form 144 filing affect SoFi's share count materially?

No. The planned sale of 23,354 shares is small relative to the reported 1,197,450,100 shares outstanding in the filing.

Does the filer assert possession of any undisclosed material information about SOFI?

The filer represents by signing the notice that they do not know any material adverse information