SoFi (SOFI) Chief Risk Officer logs RSU conversions and tax withholding shares
Rhea-AI Filing Summary
SoFi Technologies Chief Risk Officer Arun Pinto reported routine stock-based compensation activity and related tax withholding. On June 15, 2026, Pinto exercised restricted stock units into 9,739 and 11,434 shares of common stock for no cash consideration as part of RSU settlements. A total of 21,173 RSUs converted into the same number of common shares.
On June 16, 2026, 11,029 shares of common stock valued at $17.606 per share were disposed of to satisfy tax withholding obligations tied to the vesting of stock-settled RSUs; these shares were not issued to Pinto as personal holdings. After these transactions, Pinto directly held 199,016 shares of SoFi common stock, while 125,776 RSUs remained outstanding.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 10,144 shares
Net Buy
5 txns
Insider
Pinto Arun
Role
Chief Risk Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 11,029 | $17.606 | $194K |
| Exercise | Restricted Stock Unit | 11,434 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit | 9,739 | $0.00 | $0.00 |
| Exercise | Common Stock | 11,434 | $0.00 | $0.00 |
| Exercise | Common Stock | 9,739 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Unit — 271,870 shares (Direct);
Common Stock — 199,016 shares (Direct)
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 Form 4 filed on March 12, 2025.
- 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 11, 2026.
Key Figures
Tax withholding shares: 11,029 shares at $17.606
RSUs converted: 9,739 shares
Additional RSUs converted: 11,434 shares
+3 more
6 metrics
Tax withholding shares
11,029 shares at $17.606
Disposed on June 16, 2026 to satisfy RSU tax obligations
RSUs converted
9,739 shares
RSU settlement into common stock on June 15, 2026
Additional RSUs converted
11,434 shares
RSU settlement into common stock on June 15, 2026
Common shares held after transactions
199,016 shares
Direct holdings following June 16, 2026 transactions
RSUs outstanding
125,776 units
Restricted stock units remaining after June 15, 2026 settlements
RSUs exercised
21,173 units
Total derivative exercises (M code) in this Form 4
Key Terms
Restricted Stock Unit, tax withholding obligation, derivative security, Form 4
4 terms
Restricted Stock Unit financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share..."
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."
derivative security financial
"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
"as disclosed on the Reporting Person's Form 4 filed on March 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
What insider transactions did SoFi (SOFI) Chief Risk Officer Arun Pinto report?
Arun Pinto reported RSU settlements into common stock and related tax withholding. On June 15, 2026, 21,173 restricted stock units converted to common shares. On June 16, 2026, 11,029 shares were disposed of to cover tax obligations from those stock-settled RSUs.
What RSU activity did SoFi (SOFI) disclose for Chief Risk Officer Arun Pinto?
The filing shows settlement of previously granted RSUs. On June 15, 2026, 9,739 and 11,434 restricted stock units converted into an equal number of SoFi common shares at a $0.00 exercise price, reflecting stock-based compensation vesting rather than cash purchases of stock.
What does the $17.606 price in SoFi (SOFI) Arun Pinto’s Form 4 represent?
The $17.606 per-share figure is the value used for shares disposed to cover tax withholding. On June 16, 2026, 11,029 common shares at $17.606 each were applied toward tax obligations arising from the vesting of stock-settled RSUs, rather than retained as personal holdings.
AI-generated analysis. How Rhea-AI works. Not financial advice.
