SoFi Technologies CTO Jeremy Rishel Sells $325.9K in Common Stock Under Rule 10b5-1 Plan

Executive Summary

On September 21, 2026, Jeremy Rishel, Chief Technology Officer of SoFi Technologies, Inc. ($SOFI), sold 18,624 shares of Common Stock at an average price of $17.50 per share, yielding total gross proceeds of approximately $325,920.

Transaction Details

• Security: Common Stock
• Transaction Type: Open Market Sale (Transaction Code S)
• Shares Sold: 18,624
• Execution Price: $17.50 per share
• Total Value: $325,920.00
• Post-Transaction Direct Holdings: 912,650.443 shares
• Trading Plan: Completed pursuant to a pre-established Rule 10b5-1 trading plan adopted on June 9, 2026.

Significance Assessment

The trading significance of this transaction is categorized as Low:

1. Pre-Scheduled Plan: The transaction was executed under a Rule 10b5-1 plan established on June 9, 2026, indicating the sale was pre-scheduled rather than driven by discretionary market timing or non-public insights.
2. Proportion of Holdings: The 18,624 shares sold represent approximately 2.0% of Mr. Rishel's holdings prior to the transaction, leaving him with an extensive direct stake of over 912,650 shares in the company.