SOFI Form 4: Director transfers 121,349 shares to Hutton Trust
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SoFi Technologies (SOFI) director reported a Form 4 reflecting a bona fide gift. On 10/29/2025, the reporting person transferred 121,349 shares of common stock to the Hutton Living Trust, 12/10/96, of which the reporting person is the sole beneficiary and trustee. The gift price was $0, consistent with a non-sale transfer.
Following the transaction, the reporting person held 0 shares directly and 664,938 shares indirectly through the trust. The filing also notes that 487,000 shares indirectly held were previously reported as directly held, clarifying the form of ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
242,698 shares gifted
Mixed
2 txns
Insider
HUTTON GEORGE THOMPSON
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 121,349 | $0.00 | -- |
| Gift | Common Stock | 121,349 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 0 shares (Direct);
Common Stock — 664,938 shares (Indirect, The Reporting Person is the sole beneficiary and trustee of Hutton Living Trust, 12/10/96.)
Footnotes (1)
- This transaction involved a gift of securities by the Reporting Person to Hutton Living Trust, 12/10/96, of which the Reporting Person is the sole beneficiary and trustee . Disposition price is not applicable as this transaction was a bona fide gift. 487,000 shares indirectly held were previously reported as directly held. This transaction involved a gift of securities by the Reporting Person. Acquisition price is not applicable as this transaction was a bona fide gift.
FAQ
What insider transaction did SOFI disclose in this Form 4?
A director reported a bona fide gift of 121,349 shares to the Hutton Living Trust, 12/10/96 on 10/29/2025.
What were the director’s holdings after the transaction for SOFI?
Post-transaction, the director held 0 shares directly and 664,938 shares indirectly through the trust.
Who controls the Hutton Living Trust mentioned in the SOFI filing?
The reporting person is the sole beneficiary and trustee of the Hutton Living Trust, 12/10/96.
Did the SOFI filing include any ownership classification changes?
Yes. It states 487,000 shares indirectly held were previously reported as directly held.
What is the role of the reporting person at SOFI?
The reporting person is a Director of SoFi Technologies, Inc.