[Form 4] SoFi Technologies, Inc. Insider Trading Activity
Sentiment and the balance of points
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Rhea-AI Filing Summary
Derek J. White, CEO of Galileo at SoFi Technologies (SOFI), reported significant insider transactions on June 16-17, 2025:
- Acquired 152,759 shares through RSU settlements: - 148,404 shares from previous grants (2021-2024) - 4,355 shares from March 2025 grant
- Disposed of 64,467 shares at $14.658 per share to satisfy tax withholding obligations
- Following these transactions, White directly owns 1,049,383 shares
- Maintains additional unvested RSUs: - 509,227 units from 2021-2024 grants - 256,997 units from 2025 grant
These transactions reflect scheduled RSU vesting events and associated tax-related share sales, rather than discretionary trading activity. The substantial holdings indicate significant alignment with shareholder interests.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 64,467 | $14.658 | $945K |
| Exercise | Restricted Stock Unit | 148,404 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit | 4,355 | $0.00 | $0.00 |
| Exercise | Common Stock | 148,404 | $0.00 | $0.00 |
| Exercise | Common Stock | 4,355 | $0.00 | $0.00 |
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 Forms 4 filed on September 3, 2021, March 22, 2023 and March 13, 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.
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