SoFi Technologies (NASDAQ: SOFI) CEO adds 15,878 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SoFi Technologies, Inc. Chief Executive Officer Anthony Noto bought 15,878 shares of common stock in an open-market purchase. The shares were acquired at a weighted average price of $15.7305 per share, within a range of $15.68 to $15.75.
Following this transaction, Noto directly owns 11,931,074 shares of SoFi common stock. The trade was executed through multiple transactions on the same date, with full price-by-lot details available upon request as noted in the filing footnote.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 15,878 shares ($249,769)
Net Buy
1 txn
Insider
Noto Anthony
Role
Chief Executive Officer
Bought
15,878 shs ($250K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 15,878 | $15.7305 | $250K |
Holdings After Transaction:
Common Stock — 11,931,074 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares purchased: 15,878 shares
Weighted average price: $15.7305 per share
Price range: $15.68–$15.75 per share
+1 more
4 metrics
Shares purchased
15,878 shares
Open-market purchase on reported transaction date
Weighted average price
$15.7305 per share
Average price for 15,878 shares bought
Price range
$15.68–$15.75 per share
Range of multiple trades executed for the purchase
Shares owned after transaction
11,931,074 shares
Direct holdings of Anthony Noto following the trade
Key Terms
open-market purchase, weighted average purchase price, Form 4, Chief Executive Officer
4 terms
open-market purchase financial
"transaction_action: "open-market purchase""
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 $15.7305 reported in Column 4 is the weighted average purchase price"
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
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.
Chief Executive Officer financial
""officer_title": "Chief Executive Officer""
A chief executive officer (CEO) is the top leader of a company, responsible for making major decisions, setting goals, and guiding the organization’s overall direction. Think of the CEO as the captain of a ship, steering it toward success. Investors pay close attention to the CEO because their leadership and strategy can significantly influence the company's performance and future growth.
FAQ
What did SoFi (SOFI) CEO Anthony Noto do in this Form 4 filing?
Anthony Noto purchased 15,878 shares of SoFi common stock in the open market. The weighted average price was $15.7305 per share, and the trade was executed in multiple transactions within a narrow price range on the same date.
How can investors get the detailed trade prices from Anthony Noto’s SoFi (SOFI) purchase?
According to the footnote, Anthony Noto will provide full information on the number of shares acquired at each separate price. This detailed breakdown within the $15.68 to $15.75 range is available upon request to the SEC staff, the company, or any shareholder.