SoFi (SOFI) director Ruzwana Bashir settles 18,388 RSUs into common stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SoFi Technologies director Ruzwana Bashir exercised previously granted restricted stock units into common shares. On June 9, 2026, RSUs covering 18,388 shares converted into 18,388 shares of common stock at a stated price of $0.00 per share.
After this non-cash settlement, Bashir directly holds 79,359 shares of SoFi common stock. The RSU award referenced in the footnotes now has a remaining balance of zero, reflecting full settlement of that grant on a one-for-one basis into common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
18,388 shares exercised/converted
Mixed
2 txns
Insider
Ruzwana Bashir
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 18,388 | $0.00 | -- |
| Exercise | Common Stock | 18,388 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 0 shares (Direct, null);
Common Stock — 79,359 shares (Direct, null)
Footnotes (1)
- Restricted stock units ("RSUs") convert into common stock on a one-for-one basis. 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
RSUs converted: 18,388 shares
Common shares acquired: 18,388 shares
Shares held after: 79,359 shares
+2 more
5 metrics
RSUs converted
18,388 shares
Restricted Stock Units converted to common stock on June 9, 2026
Common shares acquired
18,388 shares
Common Stock received from RSU settlement at $0.00 per share
Shares held after
79,359 shares
Total direct SoFi common stock holdings after the transaction
RSU-to-share ratio
1:1
RSUs convert into common stock on a one-for-one basis
Remaining RSUs from grant
0 units
Post-transaction RSU balance for this specific award
Key Terms
Restricted Stock Unit, derivative security, Form 4, Exercise or conversion, +1 more
5 terms
Restricted Stock Unit financial
"Represents the settlement of the RSUs granted to the Reporting Person"
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.
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
"as 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.
Exercise or conversion financial
"transaction_code_description: Exercise or conversion of derivative security"
one-for-one basis financial
"Restricted stock units ("RSUs") convert into common stock on a one-for-one basis."
FAQ
What insider transaction did SoFi (SOFI) director Ruzwana Bashir report?
Ruzwana Bashir reported the settlement of restricted stock units into common shares. On June 9, 2026, 18,388 RSUs converted into 18,388 common shares, reflecting the vesting and delivery of a prior equity award rather than an open-market stock purchase.
What are Ruzwana Bashir’s SoFi (SOFI) holdings after this Form 4 transaction?
Following the RSU settlement, Bashir directly holds 79,359 shares of SoFi common stock. The Form 4 shows this total in the “shares following transaction” column, providing context for the size of the award relative to her overall direct equity position.
Were any of Ruzwana Bashir’s remaining SoFi (SOFI) RSUs left unexercised?
No RSUs from this specific award remain after the transaction. The derivative line for restricted stock units shows 18,388 units exercised and a post-transaction balance of zero, indicating full conversion of that RSU grant into common stock on June 9, 2026.