SoFi General Counsel Retains 39,664 Shares After RSU Vesting Worth $582K

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Rhea-AI Filing Summary

SoFi Technologies (SOFI) General Counsel Stephen Simcock reported multiple transactions on June 16-17, 2025:

Acquired 71,353 shares through RSU settlement from July 2024 grant
Acquired additional 6,533 shares through RSU settlement from March 2025 grant
Disposed of 38,222 shares at $14.658 per share to satisfy tax withholding obligations

Following these transactions, Simcock directly owns 163,924 shares of common stock. He continues to hold 856,238 RSUs from the July 2024 grant and 98,008 RSUs from the March 2025 grant. The transactions were executed pursuant to predetermined RSU vesting schedules, with share sales specifically for tax withholding purposes.

Insider Trade Summary

77,886 shares exercised/converted

Exercise 5 txns

Insider Simcock Stephen

Role General Counsel

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	38,222	$14.658	$560K
Exercise	Restricted Stock Unit	71,353	$0.00	$0.00
Exercise	Restricted Stock Unit	6,533	$0.00	$0.00
Exercise	Common Stock	71,353	$0.00	$0.00
Exercise	Common Stock	6,533	$0.00	$0.00

Holdings After Transaction: Restricted Stock Unit — 954,246 contracts (Direct); Common Stock — 163,924 shares (Direct)

Footnotes (4)

F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock upon settlement for no consideration.
F2. Shares sold to satisfy tax withholding obligation applicable to the vesting of stock-settled RSUs. These shares were not issued to the Reporting Person.
F3. Represents the settlement of a portion of the RSUs granted to the Reporting Person as disclosed on the Reporting Person's Form 4 filed on July 10, 2024.
F4. Represents the settlement of a portion of the RSUs granted to the Reporting Person as disclosed on the Reporting Person's Form 4 filed on March 12, 2025.

FAQ

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

How many SOFI shares did General Counsel Stephen Simcock acquire on June 16, 2025?

Stephen Simcock acquired a total of 77,886 shares of SOFI common stock on June 16, 2025, consisting of 71,353 shares from one RSU settlement and 6,533 shares from another RSU settlement.

How many SOFI shares did Stephen Simcock sell for tax withholding on June 17, 2025?

On June 17, 2025, Stephen Simcock disposed of 38,222 shares at a price of $14.658 per share to satisfy tax withholding obligations related to the vesting of his RSUs. These shares were not issued to him.

What is Stephen Simcock's total SOFI stock ownership after the reported transactions?

Following the reported transactions, Stephen Simcock directly owns 163,924 shares of SOFI common stock. He also holds 856,238 RSUs from one grant and 98,008 RSUs from another grant that have not yet vested.

What positions does Stephen Simcock hold at SOFI according to the Form 4?

According to the Form 4, Stephen Simcock serves as the General Counsel of SoFi Technologies, Inc. (SOFI).

What was the purpose of SOFI insider Stephen Simcock's June 2025 stock transactions?

The transactions reported were related to the settlement of previously granted Restricted Stock Units (RSUs) and subsequent sale of shares for tax withholding purposes. The RSUs were originally granted as disclosed in Form 4 filings from July 10, 2024 and March 12, 2025.

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

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 06/18/2025 - 06:55 PM EDT

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
Estimated average burden
hours per response:			0.5

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^*

Simcock Stephen

(Last)

(First)

(Middle)

234 1ST STREET

C/O SOFI TECHNOLOGIES, INC.

(Street)

SAN FRANCISCO

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)

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

3. Date of Earliest Transaction (Month/Day/Year)
06/16/2025

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	06/16/2025		M		71,353	A	⁽¹⁾	195,613	D
Common Stock	06/16/2025		M		6,533	A	⁽¹⁾	202,146	D
Common Stock	06/17/2025		F		38,222	D	$14.658⁽²⁾	163,924	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Unit	⁽¹⁾	06/16/2025		M			71,353	⁽³⁾	⁽³⁾	Common Stock	71,353	$0	856,238	D
Restricted Stock Unit	⁽¹⁾	06/16/2025		M			6,533	⁽⁴⁾	⁽⁴⁾	Common Stock	6,533	$0	98,008	D

Explanation of Responses:

1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock upon settlement for no consideration.

2. Shares sold to satisfy tax withholding obligation applicable to the vesting of stock-settled RSUs. These shares were not issued to the Reporting Person.

3. Represents the settlement of a portion of the RSUs granted to the Reporting Person as disclosed on the Reporting Person's Form 4 filed on July 10, 2024.

4. Represents the settlement of a portion of the RSUs granted to the Reporting Person as disclosed on the Reporting Person's Form 4 filed on March 12, 2025.

Remarks:

	/s/ Deanna M. Smith, Attorney-in-Fact	06/18/2025
	** 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.

Source: View Original Filing on SEC EDGAR