Noto Anthony 4
Research Summary
AI-generated summary
SoFi (SOFI) CEO Anthony Noto Buys 13,888 Shares
What Happened
- Anthony Noto, CEO of SoFi Technologies (SOFI), made an open-market purchase of 13,888 shares on June 16, 2026. The weighted-average purchase price reported is $18.0578 per share, for a total reported cost of $250,787. This transaction is coded "P" (purchase).
Key Details
- Transaction date and price: June 16, 2026; weighted-average price $18.0578; price range across trades $18.025–$18.070 per share (multiple trades).
- Total shares acquired and value: 13,888 shares; ~$250,787 total.
- Shares owned after transaction: Not specified in this Form 4 filing.
- Footnote: The filing (F1) states the purchase was executed in multiple trades and the filer will provide a breakdown of shares at each price within the reported range upon request to the SEC staff, issuer, or any security holder.
- Timeliness: Form 4 was filed with the same report and transaction date (June 16, 2026), indicating a timely report.
Context
- This was an open-market purchase by the CEO (a direct buy), which registers as a personal acquisition of common stock. Insider purchases are one data point investors watch but do not, by themselves, prove future performance.