Lavet Robert S 4
Research Summary
AI-generated summary
SoFi (SOFI) General Counsel Robert S. Lavet Buys 5,000 Shares
What Happened
Robert S. Lavet, General Counsel of SoFi Technologies (SOFI), made an open-market purchase of 5,000 shares on February 6, 2026 at $21.04 per share, for a total transaction value of $105,220. This was an acquisition (code P), i.e., a direct purchase of common stock.
Key Details
- Transaction date: 2026-02-06
- Transaction type: Open market purchase (Code P)
- Shares acquired: 5,000
- Price per share: $21.04
- Total value: $105,220
- Shares held after transaction: Not specified in the filing
- Footnote: F1 — the shares are held by the Robert S. Lavet Trust
- Filing timeliness: No late filing indicated in this report
Context
Insider purchases are often watched by investors as a potential positive signal about executive confidence, though they do not prove future performance. This filing reports a straightforward open-market buy (no options exercised, no grants, and no gifts). The shares were acquired in the name of a trust (per the footnote), which is common for estate and tax planning.