SoFi CEO buys 15,545 shares in open market
SoFi Technologies, Inc. Chief Executive Officer Anthony Noto reported an open-market purchase of 15,545 shares of common stock.
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Form Type
4
Rhea-AI Filing Summary
SoFi Technologies, Inc. Chief Executive Officer Anthony Noto reported an open-market purchase of 15,545 shares of common stock. The shares were bought on May 11, 2026 at a weighted average price of $16.0039 per share. According to the filing, the trades were executed in multiple transactions within a price range of $15.99 to $16.05 per share. Following this purchase, Noto directly holds 11,946,619 SoFi common shares.
Insider Trade Summary
Net Buyer: 15,545 shares
Net Buy
1 txn
Insider
Noto Anthony
Role
Chief Executive Officer
Bought
15,545 shs ($249K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 15,545 | $16.0039 | $249K |
Holdings After Transaction:
Common Stock — 11,946,619 shares (Direct)
Footnotes (1)
- F1. The reported transactions were executed in multiple trades. The purchase price of $16.0039 reported in Column 4 is the weighted average purchase price for the 15,545 shares acquired by the Reporting Person within a range of $15.99 to $16.05 per share. The Reporting Person hereby undertakes to provide to the Staff of the SEC, the Issuer or any security holder of the Issuer, upon request, full information regarding the number of shares acquired at each separate price within the price range noted above.
Key Figures
Shares purchased: 15,545 shares
Weighted average purchase price: $16.0039 per share
Post-transaction holdings: 11,946,619 shares
+2 more
5 metrics
Shares purchased
15,545 shares
Open-market buy on May 11, 2026
Weighted average purchase price
$16.0039 per share
Common stock, multiple trades
Post-transaction holdings
11,946,619 shares
Direct ownership after purchase
Trade price range
$15.99–$16.05 per share
Range for 15,545 shares acquired
Net buy shares
15,545 shares
Net of all buys and sells reported
Key Terms
open-market purchase, weighted average purchase price, Common Stock, Form 4
4 terms
open-market purchase financial
"The reported transactions were executed in multiple trades. The purchase price of $16.0039 reported in Column 4 is the weighted average purchase price"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
weighted average purchase price financial
"The purchase price of $16.0039 reported in Column 4 is the weighted average purchase price for the 15,545 shares acquired"
The weighted average purchase price is the average cost per share you paid across multiple buys, calculated so larger purchases count more than smaller ones. Imagine buying apples at different prices: the overall price you effectively paid depends on how many apples you bought at each price. Investors use it to measure true cost basis, calculate gains or losses, decide when to sell, and manage taxes and portfolio performance.
Common Stock financial
""security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"The reported transactions were executed in multiple trades. The purchase price of $16.0039 reported in Column 4 is the weighted average purchase price"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SoFi (SOFI) report for Anthony Noto?
SoFi reported that CEO Anthony Noto bought 15,545 shares of common stock. The open-market purchase occurred on May 11, 2026, and was disclosed in a Form 4 insider trading report.
Was the SoFi CEO’s recent SOFI trade a buy or a sell?
The recent SoFi insider transaction by CEO Anthony Noto was a buy. He executed an open-market purchase of 15,545 common shares, increasing his direct holdings in the company.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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