SoFi Form 4: Director gift of 154K shares and ownership reclassification

Rhea-AI Filing Summary

SoFi Technologies director George Thompson Hutton reported a gift of 154,000 shares of SoFi common stock on 08/26/2025. The Form 4 shows the transaction coded as a gift (transaction code G) with a disposition price of $0 and lists 56,589 shares as indirectly owned following the reported transaction through the Hutton Living Trust, of which the reporting person is sole beneficiary and trustee. The filing also corrects a prior reporting classification: 210,589 shares that had been reported as directly held were in fact indirectly held. The form is signed by an attorney-in-fact on 08/28/2025.

Positive

• Correction of prior reporting error clarifies beneficial ownership (210,589 shares reclassified as indirectly held)
• Disclosure of trust relationship (reporting person is sole beneficiary and trustee of Hutton Living Trust), improving transparency

Negative

• Reduction in directly held shares due to a gift of 154,000 common shares
• Potential dilution of direct insider stake as a material number of shares changed beneficial classification

Insights

Corporate Governance Expert

TL;DR: Insider gift reduces direct ownership and corrects a prior reporting error; governance disclosure appears rectified.

The Form 4 documents a non-sales transfer (gift) of 154,000 shares by a director and clarifies beneficial ownership classification for 210,589 shares. From a governance perspective, timely amendment and explicit identification of the trust relationship improve transparency about the director's holdings. The filing does not disclose any cash proceeds or compensatory transactions, and the transaction code aligns with a bona fide gift. This is a routine insider transfer with limited direct implications for company operations.

Securities Analyst

TL;DR: Transaction is a gift by a director and a corrective reclassification; no proceeds or option exercises reported.

The record shows a disposition of 154,000 common shares at $0, indicating a gift rather than a sale. The correction that 210,589 shares were indirectly rather than directly held addresses prior reporting accuracy, which matters for ownership metrics and insider concentration calculations. There is no indication of exercised derivatives or market dispositions that would directly affect share supply. Market impact from this single Form 4 is likely minimal absent additional context.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

HUTTON GEORGE THOMPSON

(Last) (First) (Middle)

C/O SOFI TECHNOLOGIES, INC.

234 1ST STREET

(Street)

SAN FRANCISCO CA 94105

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
SoFi Technologies, Inc. [ SOFI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/26/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/26/2025		G		154,000	D	$0(1)	56,589	I	The reporting person is the sole beneficiary and trustee of Hutton Living Trust, 12/10/96.
Common Stock								608,349(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. This transaction involved a gift of securities by the Reporting Person. Disposition price is not applicable as this transaction was a bona fide gift.

2. 210,589 shares indirectly held were previously inadvertently reported as directly held.

Remarks:

	/s/ Deanna M. Smith, Attorney-in-Fact	08/28/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did SOFI director George Thompson Hutton report on Form 4?

He reported a gift of 154,000 shares of SoFi common stock on 08/26/2025, coded as a disposition at $0.

How did the Form 4 change prior reporting of SOFI holdings?

The filing states that 210,589 shares previously reported as directly held were actually indirectly held, and this classification was corrected.

What ownership remains after the reported transaction for SOFI insider?

The Form 4 shows 56,589 shares indirectly owned following the reported transaction through the Hutton Living Trust.

Was any cash received from the transaction reported in the Form 4 for SOFI?

No cash was reported; the transaction is coded as a gift with a disposition price of $0.

Who signed the Form 4 for this SOFI filing and when?

The form was signed by Deanna M. Smith, Attorney-in-Fact on 08/28/2025.