STOCK TITAN

SoFi (SOFI) director Magdalena Yesil settles 18,388 RSUs into common stock

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 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)
  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.
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
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.
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SEC Form 4
FORM 4UNITED 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*
YESIL MAGDALENA

(Last)(First)(Middle)
C/O SOFI TECHNOLOGIES, INC.
234 1ST STREET

(Street)
SAN FRANCISCO CALIFORNIA 94105

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
SoFi Technologies, Inc. [ SOFI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/09/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock06/09/2026M18,388A(1)433,104D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Unit(1)06/09/2026M18,388 (2) (2)Common Stock18,388$00D
Explanation of Responses:
1. Restricted stock units ("RSUs") convert into common stock on a one-for-one basis.
2. 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.
Remarks:
/s/ Sara C. Thompson, Attorney-in-Fact06/11/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

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.

How many SoFi (SOFI) shares did Magdalena Yesil acquire in this Form 4?

Magdalena Yesil acquired 18,388 SoFi common shares through RSU conversion. The RSUs converted one-for-one into common stock at a stated price of zero, reflecting the settlement of previously granted equity awards rather than a cash purchase on the open market.

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.

Did the SoFi (SOFI) Form 4 show any insider share sales by Magdalena Yesil?

The Form 4 shows no share sales by Magdalena Yesil. It reports only the exercise and settlement of 18,388 restricted stock units into common stock, with no open-market sales, gifts, or tax-withholding dispositions associated with this specific transaction.

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.