YESIL MAGDALENA 4
4 · SoFi Technologies, Inc. · Filed Jun 17, 2026
Research Summary
AI-generated summary of this filing
SoFi Director Magdalena Yesil Gifts 433,104 Shares
What Happened
Magdalena Yesil, a director of SoFi Technologies (SOFI), recorded a gift transaction on 2026-06-15 transferring 433,104 shares. The Form 4 shows a disposition of 433,104 shares at $0.00 and a corresponding acquisition of 433,104 shares at $0.00 — reflecting a bona fide gift rather than a sale or purchase. No cash changed hands and no sale proceeds were reported.
Key Details
- Transaction date: 2026-06-15; Form 4 filed: 2026-06-17 (within the 2-business-day reporting window).
- Reported amounts: 433,104 shares disposed and 433,104 shares acquired; price shown as $0.00 (gift).
- Shares owned after transaction: filing does not state a new total; footnote indicates these shares are now held indirectly by The Magdalena Yesil Living Trust.
- Notable footnotes: (F1/F3) transaction was a bona fide gift; (F2) the 433,104 shares were previously reported as directly held and are now reported as indirectly held by the trust; the reporting person is sole beneficiary and trustee of the trust.
- No indication of a 10b5-1 plan, options exercise, or tax withholding in this filing.
Context
Gifts to a living trust where the insider remains sole beneficiary/trustee are typically administrative or estate-planning moves and do not necessarily signal a change in the insider’s economic exposure or market view. For retail investors, outright purchases or sales by insiders are generally more informative about sentiment than transfers into a personally controlled trust.
Insider Transaction Report
- Gift
Common Stock
[F1][F2]2026-06-15−433,104→ 0 total - Gift
Common Stock
[F3][F2]2026-06-15+433,104→ 433,104 total(indirect: By Trust)
Footnotes (3)
- [F1]This transaction involved a gift of securities by the Reporting Person to The Magdalena Yesil Living Trust, of which the Reporting Person is the sole beneficiary and trustee. Disposition price is not applicable as this transaction was a bona fide gift.
- [F2]433,104 shares indirectly held were previously reported as directly held.
- [F3]This transaction involved a gift of securities by the Reporting Person. Acquisition price is not applicable as this transaction was a bona fide gift.