SoFi Technologies, Inc.·4

Jun 11, 8:38 PM ET

HUTTON GEORGE THOMPSON 4

Research Summary

AI-generated summary

Updated

SoFi (SOFI) Director Hutton G. Thompson Converts RSUs, Receives 18,388 Shares

What Happened

  • Hutton George Thompson, a director of SoFi Technologies (SOFI), had RSUs settled on June 9, 2026. A total of 36,776 RSUs converted one-for-one into common stock: 18,388 shares were delivered to him and 18,388 shares were disposed of/withheld to satisfy tax obligations. The filing shows the withheld shares with a $0 disposition price (typical for tax withholding).

Key Details

  • Transaction date: 2026-06-09
  • Report filed: 2026-06-11 (timely; Form 4 required within two business days)
  • Reported transactions: Exercise/conversion (Code M)
    • Acquired: 18,388 shares (conversion of RSUs) — price listed as N/A
    • Disposed/Withheld: 18,388 shares — price listed as $0 (tax withholding)
  • Gross RSUs converted: 36,776 (one-for-one conversion per footnote)
  • Footnotes: F1 — RSUs convert one-for-one into common stock. F2 — settlement of RSUs granted to the reporting person as disclosed on the Form 4 filed June 12, 2025.
  • Shares owned after the transaction: not specified in the summary provided.

Context

  • This was a routine RSU settlement (conversion), not an open-market purchase or sale. The $0 disposition reflects shares withheld to cover taxes rather than a market sale. Such RSU settlements are common compensation events and do not by themselves indicate a buy or sell signal from the insider.