Noto Anthony 4

What Happened

• Anthony Noto, CEO of SoFi Technologies (SOFI), had a total of 345,553 restricted stock units (RSUs) settle/convert into common shares on June 15, 2026. Of those, 187,018 shares were withheld to satisfy tax withholding, recorded as a disposition of 187,018 shares at $16.58 each for $3,100,758. The remaining 158,535 shares were issued to him net of withholding.

Key Details

• Transaction date: June 15, 2026; Form filed June 17, 2026.
• Derivative/settlement entries: 136,165; 154,198; and 55,190 RSUs converted (total 345,553).
• Tax withholding: 187,018 shares withheld at $16.58/share, totaling $3,100,758 (coded F — tax/payment).
• Net shares issued to insider: 158,535 (345,553 settled − 187,018 withheld).
• Footnotes: RSUs represent contingent rights to receive one share on settlement (F1). Withheld shares satisfied tax withholding and were not issued to or sold by the reporting person (F2). The settled RSUs relate to grants disclosed on Forms 4 filed Mar 13, 2024; Mar 12, 2025; and Mar 11, 2026 (F3–F5).
• Filing timeliness: Form 4 was filed two days after the settlement date; no late-filing indication was provided.

Context

• This was a stock-settled RSU conversion with shares withheld to cover taxes — a routine corporate payroll/tax event rather than an open-market sale or discretionary cash sale. For retail investors, tax withholding disposals typically do not signal intent to sell shares into the market.