Lapointe Christopher 4
Research Summary
AI-generated summary
SoFi (SOFI) CFO Christopher Lapointe Receives RSU Award
What Happened
- Christopher Lapointe, CFO and Principal Accounting Officer of SoFi Technologies, was granted 233,749 restricted stock units (RSUs) on 2026-03-11. The RSUs are recorded as a derivative award with an acquisition price of $0.00 (no cash paid).
Key Details
- Transaction date: 2026-03-11; Form 4 filed: 2026-03-13 (filed within the typical two-business-day reporting window).
- Grant amount: 233,749 RSUs; price: $0.00 (award/grant, transaction code A).
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Footnotes: F1 — each RSU is a contingent right to receive one share upon settlement for no consideration; F2 — vesting is over four years: 6.25% vests three months after March 14, 2026, then 6.25% vests each quarter for the next 15 quarters (service-based vesting).
- No 10b5-1 plan, tax withholding, or sale/transfer noted in this filing.
Context
- This is a grant of deferred compensation (RSUs), not an open-market purchase or sale. Such awards compensate and retain executives and do not by themselves indicate a buy/sell signal until shares actually settle or are sold. The RSUs will convert to common shares upon settlement subject to the vesting schedule and continued service.