Borden William A. 4
4 · SoFi Technologies, Inc. · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
SoFi (SOFI) Director William A. Borden Receives DSU Awards
What Happened
- William A. Borden, a director of SoFi Technologies, was credited with deferred stock units (DSUs)—a form of deferred compensation that is the economic equivalent of one share each—across six awards dated between Sept 27, 2024 and Mar 31, 2026. The Form 4 shows these as derivative awards (transaction code A) with $0.00 per-unit price because they are DSUs credited under the company’s Director Deferred Compensation Plan rather than open-market purchases.
- Total DSUs credited: 7,980 units (1,752 + 1,752 + 1,404 + 1,233 + 648 + 1,191). The DSUs become payable under the terms of the Plan; the filing does not state a cash value realized at payout.
Key Details
- Transaction dates and DSU credits (per filing footnotes):
- 2024-09-27: 1,752 DSUs (closing price used: $7.14)
- 2024-12-27: 1,752 DSUs (closing price used: $7.14)
- 2025-03-25: 1,404 DSUs (closing price used: $12.65)
- 2025-06-27: 1,233 DSUs (closing price used: $14.71)
- 2025-09-26: 648 DSUs (closing price used: $27.98)
- 2026-03-31: 1,191 DSUs (closing price used: $15.23 on Mar 27, 2026, per footnote)
- Transaction type: Award/credit of deferred stock units (Form 4 reports these as derivative awards; transaction code A).
- Shares owned after transaction: Not specified in the filing excerpt provided.
- Filing date: Form 4 filed April 2, 2026; the reported DSU credits span Sept 2024–Mar 2026 and are all reported in this filing.
- Notable footnotes: Each grant resulted from Borden electing to defer cash director compensation into DSUs under the SoFi Director Deferred Compensation Plan; each DSU equals one share economically and becomes payable under the Plan’s terms.
Context
- DSUs are not the same as immediate open-market purchases—these are deferred compensation credits that track the economic value of shares and will be paid out later per the Plan. Because these were deferrals/awards (not purchases or sales), they are generally routine compensation actions rather than an immediate bullish or bearish trading signal.
- The filing shows awards (A). No sales, purchases, option exercises, or tax-withholding dispositions were reported in the items you provided.
Insider Transaction Report
Form 4
Borden William A.
Director
Transactions
- Award
Deferred Stock Unit
[F1][F2]2024-09-27+1,752→ 1,752 total→ Common Stock (1,752 underlying) - Award
Deferred Stock Unit
[F3][F2]2024-12-27+1,752→ 1,752 total→ Common Stock (1,752 underlying) - Award
Deferred Stock Unit
[F4][F2]2025-03-25+1,404→ 1,404 total→ Common Stock (1,404 underlying) - Award
Deferred Stock Unit
[F5][F2]2025-06-27+1,233→ 1,233 total→ Common Stock (1,233 underlying) - Award
Deferred Stock Unit
[F6][F2]2025-09-26+648→ 648 total→ Common Stock (648 underlying) - Award
Deferred Stock Unit
[F7][F2]2026-03-31+1,191→ 1,191 total→ Common Stock (1,191 underlying)
Footnotes (7)
- [F1]The reporting person has elected to defer compensation in the form of deferred stock units ("DSUs") under the SoFi Technologies, Inc. Director Deferred Compensation Plan (the "Plan"). Pursuant to the terms of the Plan, the reporting person was credited with 1,752 DSUs, based on the amount of cash compensation deferred by the reporting person under the Plan during the third quarter of 2024 divided by the Common Stock closing price of $7.14 on September 27, 2024. Each DSU is the economic equivalent of one share of the Issuer's Common Stock. The DSUs become payable upon the terms set forth in the Plan.
- [F2]Not Applicable.
- [F3]The reporting person has elected to defer compensation in the form of DSUs under the Plan. Pursuant to the terms of the Plan, the reporting person was credited with 1,752 DSUs, based on the amount of cash compensation deferred by the reporting person under the Plan during the fourth quarter of 2024 divided by the Common Stock closing price of $7.14 on December 27, 2024. Each DSU is the economic equivalent of one share of the Issuer's Common Stock. The DSUs become payable upon the terms set forth in the Plan.
- [F4]The reporting person has elected to defer compensation in the form of DSUs under the Plan. Pursuant to the terms of the Plan, the reporting person was credited with 1,404 DSUs, based on the amount of cash compensation deferred by the reporting person under the Plan during the first quarter of 2025 divided by the Common Stock closing price of $12.65 on March 25, 2025. Each DSU is the economic equivalent of one share of the Issuer's Common Stock. The DSUs become payable upon the terms set forth in the Plan.
- [F5]The reporting person has elected to defer compensation in the form of DSUs under the Plan. Pursuant to the terms of the Plan, the reporting person was credited with 1,233 DSUs, based on the amount of cash compensation deferred by the reporting person under the Plan during the second quarter of 2025 divided by the Common Stock closing price of $14.71 on June 27, 2025. Each DSU is the economic equivalent of one share of the Issuer's Common Stock. The DSUs become payable upon the terms set forth in the Plan.
- [F6]The reporting person has elected to defer compensation in the form of DSUs under the Plan. Pursuant to the terms of the Plan, the reporting person was credited with 648 DSUs, based on the amount of cash compensation deferred by the reporting person under the Plan during the third quarter of 2025 divided by the Common Stock closing price of $27.98 on September 26, 2025. Each DSU is the economic equivalent of one share of the Issuer's Common Stock. The DSUs become payable upon the terms set forth in the Plan.
- [F7]The reporting person has elected to defer compensation in the form of DSUs under the Plan. Pursuant to the terms of the Plan, the reporting person was credited with 1,191 DSUs, based on the amount of cash compensation deferred by the reporting person under the Plan during the first quarter of 2026 divided by the Common Stock closing price of $15.23 on March 27, 2026. Each DSU is the economic equivalent of one share of the Issuer's Common Stock. The DSUs become payable upon the terms set forth in the Plan.
Signature
/s/ Deanna M. Smith, Attorney-in-Fact|2026-04-02