Lavet Robert S 4

What Happened Robert S. Lavet, General Counsel of SoFi Technologies (SOFI), had 5,149 restricted stock units (RSUs) settle/convert into common stock on June 9, 2026. To satisfy tax withholding on the vesting, 1,020 of those shares were withheld on June 10, 2026 at $16.06 per share, totaling $16,380. The RSUs converted one-for-one into common shares (stock-settled), so there was no cash purchase — net shares issued to Lavet were 4,129 (5,149 converted − 1,020 withheld).

Key Details

• Transactions: RSU settlement/conversion of 5,149 shares (reported 2026-06-09; code M for derivative conversion) and tax-withholding of 1,020 shares (reported 2026-06-10; code F).
• Withholding price/value: 1,020 shares × $16.06 = $16,380 withheld to satisfy tax obligations.
• Net shares issued to the reporting person: 4,129 shares (5,149 − 1,020).
• Footnotes: F1 — RSUs convert one-for-one into common stock; F2 — shares withheld to satisfy tax withholding were not issued to the reporting person; F3 — this settlement relates to RSUs disclosed on Lavet’s Form 3 (filed Jan 16, 2026).
• Filing timeliness: Form 4 filed June 11, 2026 for transactions on June 9–10, 2026 — appears timely (within the usual two-business-day window).
• Shares owned after transaction: Not specified in this Form 4.

Context This filing reflects the stock-settlement of previously granted RSUs, not an open-market purchase or a voluntary sale. The withholding of shares to cover taxes is a routine administrative step and does not necessarily signal any change in insider sentiment. The RSUs were settled per earlier grant disclosures (Form 3).