Lavet Robert S 4

What Happened
Robert S. Lavet, General Counsel of SoFi Technologies (SOFI), received a grant of 144,229 restricted stock units (RSUs) on February 9, 2026. The Form 4 reports the acquisition price as $0 because each RSU is a contingent right to receive one share of SoFi common stock upon settlement—this is an equity award, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-09; filing date: 2026-02-11 (timely filed).
• Grant: 144,229 RSUs; reported acquisition price: $0; transaction code: A (award/grant).
• Vesting: four equal installments of 25% each on Mar 14, 2026; Jun 14, 2026; Sep 14, 2026; and Dec 14, 2026, subject to continued service.
• Footnote: Each RSU converts to one common share upon settlement for no consideration (per filing).
• Shares owned after transaction: not specified in the provided summary of the filing.

Context
RSU grants are a form of compensation that vest over time; they do not represent immediate cash proceeds or a market sale. Until each tranche vests and is settled into actual shares (and any applicable tax withholding occurs), the award does not necessarily indicate a change in the insider’s tradable holdings. This transaction reflects routine equity compensation rather than a purchase or sale in the open market.