SoFi Technologies CTO Jeremy Rishel Vests 77,935 RSUs with Routine Tax Withholding
SoFi Technologies, Inc.
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Filing Summary
š Form 4 Filing: SoFi Technologies, Inc. ($SOFI) Insider: Jeremy Rishel (Chief Technology Officer) Transaction Date: September 14ā15, 2026 Details: ⢠Acquired: 77,935 shares via RSU vesting (M) ⢠Disposed: 41,750 shares withheld/sold for taxes at $17.279 ($721,398.25) (F) ⢠Net Shares Retained: +36,185 shares ⢠Ending Beneficial Ownership: 931,274.443 shares Significance: Low (Routine RSU Vesting & Tax Withholding)
Comprehensive Analysis
Executive Summary
On September 16, 2026, SoFi Technologies, Inc. ($SOFI) Chief Technology Officer Jeremy Rishel reported transactions related to the scheduled vesting of Restricted Stock Units (RSUs) and associated tax withholding obligations.
Transaction Breakdown
- RSU Settlements (September 14, 2026):
- Exercised/settled three tranches of RSUs totaling 77,935 shares of Common Stock at $0.00 exercise price:
- 37,824 shares (Grant Date: March 2024)
- 28,748 shares (Grant Date: March 2025)
- 11,363 shares (Grant Date: March 2026)
- Exercised/settled three tranches of RSUs totaling 77,935 shares of Common Stock at $0.00 exercise price:
- Tax Withholding (September 15, 2026):
- Disposed of 41,750 shares at $17.279 per share (Transaction Code:
F) to satisfy mandatory statutory tax withholding liabilities arising from the RSU vesting events, totaling $721,398.25.
- Disposed of 41,750 shares at $17.279 per share (Transaction Code:
- Net Change: Net addition of 36,185 shares to direct holdings.
- Post-Transaction Holdings: Rishel directly holds 931,274.443 shares of Common Stock, alongside 573,068 unvested RSUs across the three grant vintages.
Significance
The transaction is classified as Low Significance from a market standpoint because the disposition was non-discretionary and executed exclusively to satisfy tax obligations (sell-to-cover / tax withholding) incident to standard equity compensation vesting schedules.
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