Were any of Jeremy Rishel’s SoFi (SOFI) transactions tax-related?

Yes. A disposition of 155,605 shares on June 16, 2026 was made solely to satisfy tax withholding obligations on vesting stock-settled RSUs. Footnotes state these shares were not issued to him, indicating a non-market, tax-related mechanism rather than an open-market sale.

SoFi (NASDAQ: SOFI) CTO logs RSU settlements, ESPP buy and 102K-share sale

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

SoFi Technologies Chief Technology Officer Jeremy Rishel reported a series of equity transactions involving company common stock and restricted stock units. On June 17, 2026, he completed an open-market sale of 102,123 shares at $17.78 per share under a pre-arranged Rule 10b5-1 trading plan, and continued to hold 895,089.443 shares directly afterward.

On June 15, 2026, multiple restricted stock unit awards vested and were settled into a total of 311,862 shares of common stock, and 155,605 shares were disposed of on June 16, 2026 to satisfy tax withholding obligations related to stock-settled RSUs, which were not issued to him. Earlier, on June 8, 2026, he acquired 1,315.471 shares through the SoFi Technologies, Inc. 2024 Employee Stock Purchase Plan in an exempt transaction funded by prior contributions.

Insider Trade Summary 10b5-1

Net Seller: 102,123 shares ($1,815,747)

Net Sell 9 txns

Insider Rishel Jeremy

Role Chief Technology Officer

Sold 102,123 shs ($1.82M)

Type	Security	Shares	Price	Value
Sale	Common Stock	102,123	$17.78	$1.82M
Tax Withholding	Common Stock	155,605	$17.606	$2.74M
Exercise	Restricted Stock Unit	271,751	$0.00	--
Exercise	Restricted Stock Unit	28,749	$0.00	--
Exercise	Restricted Stock Unit	11,362	$0.00	--
Exercise	Common Stock	271,751	$0.00	--
Exercise	Common Stock	28,749	$0.00	--
Exercise	Common Stock	11,362	$0.00	--
Grant/Award	Common Stock	1,315.471	$13.626	$18K

Holdings After Transaction: Common Stock — 895,089.443 shares (Direct, null); Restricted Stock Unit — 264,947 shares (Direct, null)

Footnotes (1)

Shares were acquired under the SoFi Technologies, Inc. 2024 Employee Stock Purchase Plan on June 8, 2026, in an exempt transaction pursuant to Rule 16(b)-3(d), paid for by contributions made during the six month period ended June 7, 2026. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock upon settlement for no consideration. Shares sold to satisfy tax withholding obligation applicable to the vesting of stock-settled RSUs. These shares were not issued to the Reporting Person. The sale reported on this Form 4 was completed pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person on June 2, 2025. The Reporting Person's Form 4 filed on June 18, 2024 inadvertently reported 271,571, instead of the correct 271,751, shares acquired and the Reporting Person's Form 4 filed on September 20, 2024 inadvertently reported 68,081, instead of the correct 68,061, shares disposed. 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 July 20, 2022 and March 13, 2024. 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. 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 11, 2026.

Key Figures

Open-market sale: 102,123 shares at $17.78/share Shares held after sale: 895,089.443 shares Tax-withholding shares: 155,605 shares at $17.606/share +2 more

5 metrics

Open-market sale 102,123 shares at $17.78/share Common Stock sale on June 17, 2026

Shares held after sale 895,089.443 shares Direct common stock ownership after June 17, 2026

Tax-withholding shares 155,605 shares at $17.606/share Disposed June 16, 2026 to satisfy RSU tax obligations

RSU settlements 311,862 shares Common stock from RSU settlements on June 15, 2026

ESPP acquisition 1,315.471 shares at $13.626/share Acquired under 2024 Employee Stock Purchase Plan on June 8, 2026

Key Terms

Rule 10b5-1 Trading Plan, Restricted Stock Unit, tax withholding obligation, Employee Stock Purchase Plan

4 terms

Rule 10b5-1 Trading Plan regulatory

"The sale reported on this Form 4 was completed pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person on June 2, 2025."

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

Restricted Stock Unit financial

"Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock upon settlement for no consideration."

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.

tax withholding obligation financial

"Shares sold to satisfy tax withholding obligation applicable to the vesting of stock-settled RSUs."

Employee Stock Purchase Plan financial

"Shares were acquired under the SoFi Technologies, Inc. 2024 Employee Stock Purchase Plan on June 8, 2026, in an exempt transaction pursuant to Rule 16(b)-3(d)."

An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.

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Form 4 Insider Transactions: What Each Field Means →

06/17/2026 - 07:51 PM

SEC Form 4

FORM 4

UNITED 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^*

Rishel Jeremy

(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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Technology Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/08/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	06/08/2026		A⁽¹⁾		1,315.471	A	$13.626	840,955.443	D
Common Stock	06/15/2026		M		271,751	A	⁽²⁾	1,112,706.443	D
Common Stock	06/15/2026		M		28,749	A	⁽²⁾	1,141,455.443	D
Common Stock	06/15/2026		M		11,362	A	⁽²⁾	1,152,817.443	D
Common Stock	06/16/2026		F		155,605	D	$17.606⁽³⁾	997,212.443	D
Common Stock	06/17/2026		S		102,123	D	$17.78⁽⁴⁾	895,089.443⁽⁵⁾	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Unit	⁽²⁾	06/15/2026		M			271,751	⁽⁶⁾	⁽⁶⁾	Common Stock	271,751	$0	264,947	D
Restricted Stock Unit	⁽²⁾	06/15/2026		M			28,749	⁽⁷⁾	⁽⁷⁾	Common Stock	28,749	$0	215,613	D
Restricted Stock Unit	⁽²⁾	06/15/2026		M			11,362	⁽⁸⁾	⁽⁸⁾	Common Stock	11,362	$0	170,443	D

Explanation of Responses:

1. Shares were acquired under the SoFi Technologies, Inc. 2024 Employee Stock Purchase Plan on June 8, 2026, in an exempt transaction pursuant to Rule 16(b)-3(d), paid for by contributions made during the six month period ended June 7, 2026.

2. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock upon settlement for no consideration.

3. Shares sold to satisfy tax withholding obligation applicable to the vesting of stock-settled RSUs. These shares were not issued to the Reporting Person.

4. The sale reported on this Form 4 was completed pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person on June 2, 2025.

5. The Reporting Person's Form 4 filed on June 18, 2024 inadvertently reported 271,571, instead of the correct 271,751, shares acquired and the Reporting Person's Form 4 filed on September 20, 2024 inadvertently reported 68,081, instead of the correct 68,061, shares disposed.

6. 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 July 20, 2022 and March 13, 2024.

7. 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.

8. 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 11, 2026.

Remarks:

	/s/ Sara C. Thompson, Attorney-in-Fact	06/17/2026
	** Signature of Reporting Person	Date
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)

Source: View Original Filing on SEC EDGAR

FAQ

What did SoFi (SOFI) CTO Jeremy Rishel sell in this Form 4 filing?

Jeremy Rishel reported an open-market sale of 102,123 shares of SoFi common stock at $17.78 per share. This transaction was executed under a pre-arranged Rule 10b5-1 trading plan and left him holding 895,089.443 shares directly afterward.

How many SoFi (SOFI) shares does the CTO hold after these transactions?

After the reported transactions, Jeremy Rishel directly holds 895,089.443 shares of SoFi common stock. This figure reflects the combined effect of option and RSU settlements, tax-withholding dispositions, an employee stock purchase plan acquisition, and the open-market sale disclosed.

Did SoFi (SOFI) CTO Jeremy Rishel exercise equity awards in this Form 4?

Yes. On June 15, 2026, multiple restricted stock unit awards vested and settled into 311,862 shares of SoFi common stock. Each RSU represents a contingent right to receive one share upon settlement for no consideration, reflecting compensation-related equity, not a market purchase.

What is the Rule 10b5-1 trading plan mentioned for SoFi (SOFI) CTO?

The filing notes the June 17, 2026 sale was executed under a Rule 10b5-1 trading plan adopted on June 2, 2025. Such plans pre-schedule trades, helping insiders systematically sell shares over time without making discretionary timing decisions when material nonpublic information may exist.

Did SoFi (SOFI) CTO acquire shares through an employee stock purchase plan?

Yes. On June 8, 2026, he acquired 1,315.471 shares of common stock under the SoFi Technologies, Inc. 2024 Employee Stock Purchase Plan at $13.626 per share. The purchase was funded by contributions made over the six-month period ended June 7, 2026.