SoFi Technologies Form 4 Shows Routine 2.8k RSU Grant to Board Member

Rhea-AI Filing Summary

Form 4 filed for SoFi Technologies, Inc. (SOFI) discloses that director Gary Meltzer received 2,823 Restricted Stock Units (RSUs) on 07/25/2025. The grant, reported under transaction code “A,” carries a conversion ratio of one common share per RSU and was awarded at $0 cost to the director. According to the filing, the RSUs will vest at the earlier of (i) the company’s next annual shareholder meeting after 07/14/2025 or (ii) 12 months from that date. Following the transaction, Meltzer’s derivative holdings stand at 2,823 RSUs; no non-derivative common shares were reported. The document was signed by attorney-in-fact Deanna M. Smith on 08/01/2025.

The filing records a routine director equity grant and does not indicate any open-market buying or selling activity. Given the modest size of the award relative to SoFi’s total share count, the event is considered immaterial to near-term valuation but does modestly reinforce director-shareholder alignment.

Insights

Financial Analyst

TL;DR: Routine RSU grant; no valuation impact.

This Form 4 simply documents a 2,823-unit equity grant to a board member. With SoFi’s float exceeding 900 million shares, the grant represents a negligible ownership slice (<0.001%). No cash outlay, sale, or option exercise occurred, so liquidity dynamics remain unchanged. From a valuation lens, the dilution effect is de minimis and unlikely to influence EPS or market sentiment. The transaction modestly aligns director incentives with investors but carries no signaling power regarding the company’s operating outlook.

Corporate Governance Specialist

TL;DR: Standard board compensation; neutral governance signal.

The RSU award follows typical director compensation practices and vests within a 12-month window, tying Meltzer’s interests to share performance over the coming year. There are no red-flags: it was filed on time, includes power-of-attorney signature, and uses a straightforward vesting trigger tied to the next AGM. Because the award size is small and purely service-related, it neither strengthens nor weakens governance posture in a meaningful way.

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

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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^*

Meltzer Gary

(Last) (First) (Middle)

234 1ST STREET

C/O SOFI TECHNOLOGIES, INC.

(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)
07/25/2025

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

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
Restricted Stock Unit	(1)	07/25/2025		A		2,823		(2)	(2)	Common Stock	2,823	$0	2,823	D

Explanation of Responses:

1. Restricted stock units ("RSUs") convert into common stock on a one-for-one basis.

2. Reflects a grant of RSUs to Reporting Person, a director of the Issuer, which will vest at the earlier of (i) the next annual shareholder meeting of the Issuer after July 14, 2025 (the "Vesting Commencement Date") or (ii) the 12 month anniversary of the Vesting Commencement Date.

Remarks:

	/s/ Deanna M. Smith, Attorney-in-Fact	08/01/2025
	** 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

How many RSUs did SoFi director Gary Meltzer receive according to the Form 4?

He was granted 2,823 Restricted Stock Units on 07/25/2025.

What is the vesting schedule for the 2,823 RSUs granted to Gary Meltzer?

The RSUs vest at the earlier of the next annual shareholder meeting after 07/14/2025 or 12 months from that date.

Did the Form 4 report any open-market purchases or sales of SOFI shares?

No. The filing only reflects a grant of RSUs; there were no common-stock transactions reported.

What is Gary Meltzer’s beneficial ownership after this RSU grant?

He now beneficially owns 2,823 derivative securities (RSUs); no non-derivative shares were listed.

When was the Form 4 for SoFi Technologies filed and signed?

The filing is dated 08/01/2025 and was signed by attorney-in-fact Deanna M. Smith.