SoFi director exercises 5,149 RSUs into shares
SoFi Technologies director Steven J. Freiberg exercised restricted stock units that converted into 5,149 shares of common stock on a one-for-one basis.
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Form Type
4
Rhea-AI Filing Summary
SoFi Technologies director Steven J. Freiberg exercised restricted stock units that converted into 5,149 shares of common stock on a one-for-one basis. These RSUs were previously granted and have now settled into ordinary shares, bringing his direct common stock holdings to 593,998 shares after the transaction.
Insider Trade Summary
5,149 shares exercised/converted
Exercise
2 txns
Insider
Freiberg Steven J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 5,149 | $0.00 | $0.00 |
| Exercise | Common Stock | 5,149 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Unit — 0 contracts (Direct);
Common Stock — 593,998 shares (Direct)
Footnotes (2)
- F1. Restricted stock units ("RSUs") convert into common stock on a one-for-one basis.
- F2. 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.
Key Figures
RSUs settled: 5,149 shares
Shares held after transaction: 593,998 shares
RSU conversion ratio: 1:1
+2 more
5 metrics
RSUs settled
5,149 shares
Restricted stock units converted to common stock on June 9, 2026
Shares held after transaction
593,998 shares
Direct common stock holdings following June 9, 2026 RSU conversion
RSU conversion ratio
1:1
Each restricted stock unit converts into one share of common stock
Exercise/settlement price
$0.00 per unit
Reported transaction price per RSU in the Form 4
Derivative exercises in filing
5,149 shares
transactionSummary exerciseShares for this Form 4
Key Terms
Restricted stock units, RSUs, derivative security, Form 4
4 terms
Restricted stock units financial
"Restricted stock units ("RSUs") convert into common stock on a one-for-one basis."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSUs financial
"Represents the settlement of the RSUs granted to the Reporting Person"
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.
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.
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SoFi (SOFI) director Steven Freiberg report?
Steven J. Freiberg reported the settlement of previously granted restricted stock units into 5,149 shares of SoFi common stock. The RSUs converted on a one-for-one basis, increasing his direct common share ownership as part of equity compensation rather than an open-market purchase.
Was the SoFi (SOFI) insider Form 4 a stock sale or a purchase?
The Form 4 does not report any stock sale or open-market purchase. It shows an exercise or conversion of restricted stock units into 5,149 common shares, a routine equity compensation event where RSUs settle into stock at a stated conversion ratio of one-for-one.
What are the SoFi (SOFI) restricted stock units mentioned in this Form 4?
The restricted stock units are equity awards that convert into SoFi common stock on a one-for-one basis. In this filing, 5,149 RSUs previously granted to Steven J. Freiberg settled into 5,149 common shares, as referenced by footnotes tying back to an earlier Form 4 disclosure.
Does the SoFi (SOFI) Form 4 indicate remaining derivative or RSU holdings?
The filing’s derivative summary shows no remaining derivative positions after this reported RSU settlement. For this specific award, 5,149 restricted stock units were fully converted into 5,149 common shares, and the RSU balance for that grant is now reported as zero following the transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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