Borden William A. 4

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.