SoFi Technologies Officer Files Form 144 Notice of Proposed Sale
SoFi Technologies, Inc.
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Filing Summary
š Form 144 Filing Analysis ā¢ Company: SoFi Technologies, Inc. ($SOFI) ā¢ Filer: Eric J. Schuppenhauer (Officer) ā¢ Proposed Sale: 2,757 Common Shares ā¢ Estimated Market Value: $47,638.20 (~$17.28/share) ā¢ Approx. Sale Date: September 15, 2026 ā¢ Nature of Shares: Restricted Stock Vesting (Sell-to-cover tax obligations) ā¢ Significance: Low
Comprehensive Analysis
Executive Summary
On September 15, 2026, Eric J. Schuppenhauer, an Officer of SoFi Technologies, Inc. (CIK: 0001818874), filed a Form 144 notice with the SEC indicating an intention to sell 2,757 shares of Common Stock through Fidelity Brokerage Services LLC. The aggregate market value of the proposed transaction is approximately $47,638.20.
Transaction & Context Details
- Acquisition Origin: The 2,757 shares were acquired on September 14, 2026, via restricted stock vesting as part of equity compensation.
- Tax-Related Sale: The filing remarks indicate that the sale includes amounts necessary to satisfy tax obligations resulting from the settlement of a vested equity award distribution.
- Historical Activity (Past 3 Months):
- June 16, 2026: Sold 2,509 shares for $44,172.20.
- August 18, 2026: Sold 23,720 shares for $427,007.44.
Market Impact & Significance
The trading significance is rated Low. The proposed sale represents a negligible fraction of the company's 1.29 billion outstanding shares and is primarily driven by standard equity vesting tax withholding obligations.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
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