SoFi Technologies EVP Settles RSUs with Routine Tax Withholding
SoFi Technologies, Inc.
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Filing Summary
🚨 INSIDER TRANSACTION REPORT
Company: SoFi Technologies, Inc. ($SOFI)
Insider: Eric Schuppenhauer (EVP GBUL Borrow)
Filing Date: 2026-09-16
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Type: RSU Vesting & Tax Withholding (Code M & F)
Shares Vested: 6,493 @ $0.00
Shares Withheld for Taxes: 2,757 @ $17.279 ($47,638.20)
Net Shares Added: 3,736
Shares Owned After: 334,335.81
Significance: Low (Routine compensation/tax event)
Comprehensive Analysis
Executive Summary
On September 16, 2026, SoFi Technologies, Inc. ($SOFI) filed a Form 4 for Eric Schuppenhauer, Executive Vice President (GBUL Borrow), detailing the vesting and settlement of Restricted Stock Units (RSUs) along with related tax-withholding dispositions.
Transaction Breakdown
- RSU Settlement (2026-09-14): 6,493 RSUs vested and converted into 6,493 shares of Common Stock at $0.00 per share.
- Tax Withholding / Sale (2026-09-15): 2,757 shares were disposed of (transaction code 'F') at $17.279 per share (total value of ~$47,638.20) to satisfy statutory tax obligations.
- Net Position Change: Direct ownership increased by a net of 3,736 shares, bringing total direct common stock ownership to 334,335.81 shares.
- Remaining RSUs: The reporting person continues to hold 90,903 unvested RSUs.
Market & Insider Context
This transaction represents standard equity compensation vesting and mandatory tax withholding rather than a discretionary open-market buy or sell. Consequently, it carries Low informational significance for market sentiment.
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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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