SoFi (SOFI) CEO Anthony Noto adds 13,888 shares in open-market buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SoFi Technologies, Inc. CEO Anthony Noto reported an open-market purchase of common stock. He bought 13,888 shares on 2026-06-16 at a weighted average price of $18.0578 per share across multiple trades. After this transaction, he directly owns 11,960,507 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 13,888 shares ($250,787)
Net Buy
1 txn
Insider
Noto Anthony
Role
Chief Executive Officer
Bought
13,888 shs ($251K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 13,888 | $18.0578 | $251K |
Holdings After Transaction:
Common Stock — 11,960,507 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares purchased: 13,888 shares
Purchase price: $18.0578 per share
Price range: $18.025–$18.070 per share
+2 more
5 metrics
Shares purchased
13,888 shares
Open-market purchase on June 16, 2026
Purchase price
$18.0578 per share
Weighted average across multiple trades
Price range
$18.025–$18.070 per share
Range of execution prices for this transaction
Shares after transaction
11,960,507 shares
Direct holdings following the purchase
Net buy shares
13,888 shares
Net effect of reported Form 4 transactions
Key Terms
open-market purchase, weighted average purchase price, transaction code P, Form 4
4 terms
open-market purchase financial
"The transaction is described as an open-market purchase of common stock."
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
weighted average purchase price financial
"The purchase price of $18.0578 reported is the weighted average purchase price."
The weighted average purchase price is the average cost per share you paid across multiple buys, calculated so larger purchases count more than smaller ones. Imagine buying apples at different prices: the overall price you effectively paid depends on how many apples you bought at each price. Investors use it to measure true cost basis, calculate gains or losses, decide when to sell, and manage taxes and portfolio performance.
transaction code P regulatory
"The filing classifies it with transaction code P, meaning a purchase."
Form 4 regulatory
"According to the latest Form 4 insider transaction disclosure."
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 transaction did SoFi (SOFI) CEO Anthony Noto report?
Anthony Noto reported an open-market purchase of 13,888 SoFi common shares. The transaction occurred on June 16, 2026 at a weighted average price of $18.0578 per share, indicating a small incremental increase in his direct equity stake.