SoFi director gifts 121,349 shares; 664,938 now held indirectly
SoFi Technologies (SOFI) director reported a Form 4 reflecting a bona fide gift.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 121,349 | $0.00 | $0.00 |
| Gift | Common Stock | 121,349 | $0.00 | $0.00 |
Footnotes (3)
- F1. 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.
- F2. 487,000 shares indirectly held were previously reported as directly held.
- F3. 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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SOFI disclose in this Form 4?
What were the director’s holdings after the transaction for SOFI?
Who controls the Hutton Living Trust mentioned in the SOFI filing?
Did the SOFI filing include any ownership classification changes?
What is the role of the reporting person at SOFI?
AI-generated analysis. How Rhea-AI works. Not financial advice.