SoFi (SOFI) Director Steven Freiberg Receives Award of 27,986 DSUs

What Happened

Steven J. Freiberg, a director of SoFi Technologies, received two grants of Deferred Stock Units (DSUs): 13,993 DSUs on 2026-07-14 and another 13,993 DSUs on 2026-07-17, for a total of 27,986 DSUs. Each DSU is the economic equivalent of one share of SoFi common stock; the reported acquisition price per unit was $0.00 (these are awards/compensation, not open-market purchases). The filing reports these as derivative awards rather than cash transactions.

Key Details

• Transaction types: Awards/Grants of DSUs (derivative) coded "A"
• Dates and amounts: 2026-07-14 — 13,993 DSUs; 2026-07-17 — 13,993 DSUs
• Price reported: $0.00 per DSU (awarded, not purchased)
• Total units received: 27,986 DSUs
• Shares owned after transaction: Not specified in the filing
• Footnote: F1 — DSUs are granted under the SoFi Director Deferred Compensation Plan; each DSU equals one share economically and becomes payable under the plan’s terms
• Filing timeliness: Form 4 was filed on 2026-07-27 (10–13 days after the grants), which appears late relative to the typical two-business-day reporting requirement for Form 4s

Context

DSUs are a form of compensation for directors and represent a promise to pay the economic equivalent of shares later (often at or after departure from the board). These awards do not reflect an open-market purchase or sale and therefore are routine compensation rather than a direct bullish or bearish market signal. The $0.00 reporting reflects that these were granted, not bought.