SoFi (NASDAQ: SOFI) EVP converts RSUs and covers tax via share disposition

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.

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

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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^*

Schuppenhauer Eric

(Last) (First) (Middle)

2601 NETWORK BLVD, SUITE 600

(Street)

FRISCO TX 75034

(City) (State) (Zip)

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)
	EVP GBUL Borrow

3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/17/2026		M		55,731	A	(1)	284,498.81	D
Common Stock	02/18/2026		F		23,083	D	$19.622(2)	261,415.81	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Unit	(1)	02/17/2026		M			55,731	(3)	(3)	Common Stock	55,731	$0	557,310	D

Explanation of Responses:

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

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

3. 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.

Remarks:

	/s/ Deanna M. Smith, Attorney-in-Fact	02/19/2026
	** 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.
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FAQ

What insider transactions did SoFi (SOFI) EVP Eric Schuppenhauer report?

Eric Schuppenhauer reported RSU settlement into common stock and a related tax-withholding share disposition. On February 17, 2026, 55,731 RSUs converted into common shares, followed by 23,083 shares disposed on February 18, 2026 to cover tax obligations from stock-settled RSUs.

How many SoFi (SOFI) RSUs were settled in this Form 4 filing?

The filing shows 55,731 restricted stock units were settled into common stock on February 17, 2026. Each RSU represents a contingent right to receive one share of SoFi common stock upon settlement for no cash consideration, according to the accompanying footnote disclosure.

Why were 23,083 SoFi (SOFI) shares disposed in this insider report?

The 23,083 shares were disposed to satisfy tax withholding obligations associated with the vesting of stock-settled RSUs. A footnote explains these shares were sold for withholding purposes and were not issued to Eric Schuppenhauer himself in connection with the transaction.

What price per share was used for the SoFi (SOFI) tax-withholding disposition?

The tax-withholding disposition used an average price of $19.6220 per SoFi common share on February 18, 2026. This transaction is coded as “F,” indicating payment of tax liability by delivering securities rather than an open-market buy or sell decision by the insider.

How many SoFi (SOFI) common shares does Eric Schuppenhauer hold after these transactions?

After these transactions, Eric Schuppenhauer directly held 284,498.81 shares of SoFi common stock. He also held 557,310 restricted stock units, each representing a contingent right to receive one share upon future settlement under the company’s equity compensation arrangements.

What does each SoFi (SOFI) RSU represent in this Form 4?

Each restricted stock unit represents a contingent right to receive one share of SoFi common stock upon settlement for no cash consideration. Settlement occurs under the company’s equity award terms, and some resulting shares may be used to satisfy tax withholding obligations at vesting.