SoFi director acquires 18,388 shares via RSUs
SoFi Technologies director George Thompson Hutton acquired 18,388 shares of common stock through restricted stock unit settlement.
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Form Type
4
Rhea-AI Filing Summary
SoFi Technologies director George Thompson Hutton acquired 18,388 shares of common stock through restricted stock unit settlement. On June 9, 2026, 18,388 restricted stock units converted into 18,388 common shares on a one-for-one basis, leaving him with 18,388 directly held shares and no remaining RSUs from this grant.
Insider Trade Summary
18,388 shares exercised/converted
Exercise
2 txns
Insider
HUTTON GEORGE THOMPSON
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 18,388 | $0.00 | $0.00 |
| Exercise | Common Stock | 18,388 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Unit — 0 contracts (Direct);
Common Stock — 18,388 shares (Direct)
Footnotes (2)
- F1. Restricted stock units ("RSUs") convert into common stock on a one-for-one basis.
- F2. Represents the settlement of the RSUs granted to the Reporting Person as disclosed on the Reporting Person's Form 4 filed on June 12, 2025.
Key Figures
Common shares acquired: 18,388 shares
RSUs converted: 18,388 units
Shares held after: 18,388 shares
+3 more
6 metrics
Common shares acquired
18,388 shares
Common Stock received on June 9, 2026
RSUs converted
18,388 units
Restricted Stock Units converted into common stock
Shares held after
18,388 shares
Total directly held common stock following transaction
Exercise price per RSU
$0.00 per unit
Conversion or exercise price of restricted stock units
Exercise transactions
1 transaction
Total derivative exercise events reported
Derivative transactions
1 derivative record
Number of derivative-type transactions in filing
Key Terms
Restricted Stock Unit, RSUs, derivative security, Form 4
4 terms
Restricted Stock Unit financial
"Security title listed as "Restricted Stock Unit" for the derivative entry"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
RSUs financial
"Restricted stock units ("RSUs") convert into common stock on a one-for-one basis."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Form 4 regulatory
"disclosed on the Reporting Person's Form 4 filed on June 12, 2025."
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) director George Thompson Hutton report?
George Thompson Hutton reported acquiring 18,388 SoFi common shares through restricted stock unit settlement. The RSUs converted into common stock on a one-for-one basis, increasing his directly held position without any open-market buying or selling activity on that date.
Was the SoFi (SOFI) insider transaction an open-market purchase or RSU settlement?
The transaction was an RSU settlement, not an open-market trade. Restricted stock units converted into 18,388 common shares at a stated price of $0.00 per unit, reflecting equity compensation vesting rather than a discretionary market purchase or sale by the director.
What do the SoFi (SOFI) Form 4 footnotes say about the RSUs?
The footnotes state that restricted stock units convert into common stock on a one-for-one basis. They also indicate this represents settlement of RSUs previously granted to the reporting person and disclosed in an earlier Form 4 filed on June 12, 2025.
How many derivative securities remain after this SoFi (SOFI) RSU conversion?
No derivative securities from this grant remain after the conversion. The Form 4 shows 18,388 restricted stock units converting into 18,388 common shares, with the derivative position for that RSU line reduced to zero following the settlement.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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