SoFi (SOFI) director Magdalena Yesil settles 18,388 RSUs into common stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SoFi Technologies director Magdalena Yesil exercised restricted stock units into common stock. On 2026-06-09, 18,388 RSUs converted into 18,388 shares of common stock at a stated price of $0.00 per share, reflecting routine equity compensation settlement rather than an open-market purchase.
After this RSU conversion, Yesil directly owned 433,104 shares of SoFi common stock. The derivative RSU position tied to these shares was fully settled, with no remaining RSUs from this grant. The filing reports no share sales, gifts, or tax-withholding dispositions in connection with this transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
18,388 shares exercised/converted
Mixed
2 txns
Insider
YESIL MAGDALENA
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 — 433,104 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 units
Common shares acquired: 18,388 shares
Post-transaction holdings: 433,104 shares
+2 more
5 metrics
RSUs converted
18,388 units
Restricted stock units converted to common stock on 2026-06-09
Common shares acquired
18,388 shares
Common stock received from RSU settlement on 2026-06-09
Post-transaction holdings
433,104 shares
Common stock directly owned by Magdalena Yesil after the transaction
Exercise price
$0.00 per share
Stated price per share for RSU conversion
Derivative exercises
1 transaction, 18,388 shares
Derivative exercise count and shares from transactionSummary
Key Terms
Restricted Stock Unit, RSUs, Form 4, derivative security
4 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.
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.
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.
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.
FAQ
What insider transaction did SoFi (SOFI) director Magdalena Yesil report?
Director Magdalena Yesil reported an RSU settlement that converted into common stock. She exercised 18,388 restricted stock units into 18,388 SoFi common shares, reflecting routine equity compensation rather than an open-market trade, with no shares sold in this filing.
What are Magdalena Yesil’s SoFi (SOFI) holdings after this RSU conversion?
After the RSU conversion, Magdalena Yesil directly held 433,104 shares of SoFi common stock. This total reflects her position following settlement of 18,388 restricted stock units into common shares disclosed in the Form 4 insider trading report.
How do SoFi (SOFI) restricted stock units convert into common stock in this filing?
In this filing, each restricted stock unit converts into one SoFi common share. The Form 4 notes that RSUs convert on a one-for-one basis, so 18,388 RSUs became 18,388 common shares when they settled for director Magdalena Yesil.