SoFi affiliate plans $427K common stock sale

SoFi Technologies, Inc. (SOFI) is the issuer of common stock that Eric J. Schuppenhauer intends to sell under Rule 144.

Rhea-AI Filing Summary

SoFi Technologies, Inc. (SOFI) is the issuer of common stock that Eric J. Schuppenhauer intends to sell under Rule 144. The notice covers a planned sale of up to 23,720 shares of common stock held at Fidelity Brokerage Services LLC, related to restricted stock vesting on 08/14/2026. A prior sale of 2,509 shares occurred on 06/16/2026. The sale includes shares needed to cover a tax obligation from settlement of a vested equity award.

Key Figures

Shares to be sold: 23,720 shares Aggregate market value of planned sale: $427,007.44 Planned sale date: 08/18/2026 +3 more

6 metrics

Shares to be sold 23,720 shares Planned sale of SoFi common stock under Rule 144

Aggregate market value of planned sale $427,007.44 Value associated with 23,720 SoFi common shares covered by the notice

Planned sale date 08/18/2026 Date associated with securities information for the proposed Rule 144 sale

Restricted stock vesting date 08/14/2026 Vesting event tied to the shares to be sold

Shares sold in past 3 months 2,509 shares Common stock sale on 06/16/2026

Value of prior sale $44,172.20 Proceeds from 2,509 shares sold on 06/16/2026

Key Terms

Rule 144, restricted stock vesting, attorney-in-fact, equity award distribution

4 terms

Rule 144 regulatory

"See the definition of "person" in paragraph (a) of Rule 144."

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

restricted stock vesting financial

"Common | 08/14/2026 | Restricted Stock Vesting | Issuer"

Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.

attorney-in-fact regulatory

"as attorney-in-fact for Eric J. Schuppenhauer."

An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.

equity award distribution financial

"settlement of a vested equity award distribution."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 144 filing mean for SoFi Technologies, Inc. (SOFI)?

The Form 144 indicates that an affiliate, Eric J. Schuppenhauer, has notified of an intent to sell up to 23,720 SoFi common shares under Rule 144. This is a disclosure of potential resale of restricted or controlled securities, not a new share issuance by SoFi.

How many SOFI shares does Eric J. Schuppenhauer plan to sell under this Form 144?

The notice covers a proposed sale of up to 23,720 shares of SoFi common stock. These shares are associated with restricted stock vesting on 08/14/2026 and are held through Fidelity Brokerage Services LLC as the broker.

What is the approximate value of the SOFI shares covered by this Form 144?

The filing lists an aggregate market value of $427,007.44 for the 23,720 shares of SoFi common stock subject to this Rule 144 notice. This amount reflects the value used for the filing, not necessarily the final sale proceeds.

Were there recent sales of SOFI shares by Eric J. Schuppenhauer before this notice?

Yes. During the past three months, on 06/16/2026, 2,509 shares of SoFi common stock were sold for a total of $44,172.20. This prior transaction is disclosed as required in the Form 144.

Why does the Form 144 mention tax obligations related to the SOFI share sale?

The remarks state the sale includes shares needed to cover a tax obligation from the settlement of a vested equity award distribution. This indicates part of the proposed share sale is intended to satisfy tax arising from restricted stock vesting.

Who is executing the planned SOFI share sale for Eric J. Schuppenhauer?

The broker listed is Fidelity Brokerage Services LLC, located in Smithfield, Rhode Island. The Form 144 is signed by Joshua Schmitt as a duly authorized representative of Fidelity, acting as attorney-in-fact for Eric J. Schuppenhauer.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/18/2026 - 03:30 PM EDT Accepted by SEC EDGAR 08/18/2026 - 03:30 PM EDT Learn about SEC filing dates

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	0002034857
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	SoFi Technologies, Inc.
SEC File Number	001-39606
Address of Issuer	234 1ST STREET SAN FRANCISCO CALIFORNIA 94105
Phone	(855) 456-7634
Name of Person for Whose Account the Securities are To Be Sold	Schuppenhauer Eric
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	Officer

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	23720	427007.44	1291570324	08/18/2026	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	08/14/2026	Restricted Stock Vesting	Issuer			23720	08/14/2026	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	06/16/2026	2509	44172.20

144: Remarks and Signature

Remarks	Sale includes an amount necessary to cover a tax obligation resulting from the settlement of a vested equity award distribution.
Date of Notice	08/18/2026
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	/s/ Joshua Schmitt, as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for Eric J. Schuppenhauer.
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)