Meltzer Gary 4

What Happened

• Gary Meltzer, a director of SoFi Technologies (SOFI), had restricted stock units (RSUs) settle into a total of 23,537 shares of common stock on June 9, 2026. The Form 4 reports two "exercise/conversion of derivative" (code M) entries for 5,149 and 18,388 shares. The filing shows acquisition and corresponding disposition entries at $0.00 / N/A, consistent with RSU settlement mechanics rather than an open‑market purchase or sale. No cash consideration or dollar value is reported in the filing.

Key Details

• Transaction date: 2026-06-09 (Period of Report); Form filed: 2026-06-11.
• Transaction type/code: M — exercise/conversion of derivative (RSU conversion per footnotes).
• Shares acquired: 5,149 and 18,388 (total 23,537). Shares disposed: same amounts reported at $0.00.
• Reported price/proceeds: N/A or $0.00 — no cash paid or received in the filing.
• Shares owned after transaction: not specified in the provided filing.
• Footnotes: F1 — RSUs convert 1:1 into common stock. F2 — settlement of RSUs granted as disclosed in Meltzer's Form 4 filed June 12, 2025.
• Timeliness: Filed two days after the report date (not marked late).

Context

• This is a routine RSU settlement (conversion of granted awards into shares), not an open‑market buy or sell. The matching acquisition and disposition lines at $0 often reflect administrative settlement mechanics (e.g., conversion or internal transfer) rather than a market transaction; see the footnotes for grant/settlement details.