SoFi (SOFI) Director William A. Borden Receives RSU Award

What Happened

• William A. Borden, a director of SoFi Technologies, received a grant of 13,993 restricted stock units (RSUs) on July 14, 2026. The award is reported as a derivative acquisition (Form 4 code "A"); no purchase price or immediate cash value is reported (price = N/A). Each RSU represents a contingent right to receive one share of SoFi common stock upon settlement for no consideration (see footnote F1).

Key Details

• Transaction date: 2026-07-14 (period of report). Form 4 filed: 2026-07-27 (Accession 0001892579-26-000006).
• Transaction type/code: Grant/Award (A); derivative securities (RSUs).
• Shares/units granted: 13,993 RSUs. Price/total value: N/A (RSUs, not a cash purchase).
• Vesting: Per footnote F2, the RSUs will vest at the earlier of (i) the next annual shareholder meeting after July 14, 2026 (the "Vesting Commencement Date") or (ii) the 12‑month anniversary of the Vesting Commencement Date.
• Shares owned after transaction: not specified in this filing.
• Timeliness: The Form 4 was filed 13 days after the transaction (normally due within two business days), so this filing was late.

Context

• RSU grants are a form of compensation, giving a contingent right to receive shares at vesting rather than an immediate purchase or sale. They do not necessarily signal immediate bullish insider buying or selling.
• Monitor future disclosures for actual share settlement, tax withholding actions, or sales following vesting.