SoFi EVP Eric Schuppenhauer settles RSUs, pays tax
SoFi Technologies EVP Eric Schuppenhauer reported equity award activity involving restricted stock units (RSUs) and related tax withholding.
Rhea-AI Filing Summary
SoFi Technologies EVP Eric Schuppenhauer reported equity award activity involving restricted stock units (RSUs) and related tax withholding. On February 17, 2026, 55,731 RSUs were settled into 55,731 shares of common stock at a stated price of $0.0000 per share, reflecting a non-cash derivative conversion. Following this, a tax-withholding disposition of 23,083 common shares occurred on February 18, 2026 at an average price of $19.6220 per share to satisfy tax obligations tied to vesting RSUs; the footnotes state these shares were not issued to the reporting person. After these transactions, Schuppenhauer directly held 284,498.81 shares of common stock and 557,310 RSUs, each RSU representing a contingent right to receive one share upon settlement.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 23,083 | $19.622 | $453K |
| Exercise | Restricted Stock Unit | 55,731 | $0.00 | $0.00 |
| Exercise | Common Stock | 55,731 | $0.00 | $0.00 |
Footnotes (3)
- 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 September 27, 2024.
FAQ
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What insider transactions did SoFi (SOFI) EVP Eric Schuppenhauer report?
How many SoFi (SOFI) RSUs were settled in this Form 4 filing?
What does each SoFi (SOFI) RSU represent in this Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.