Rishel Jeremy 4
4 · SoFi Technologies, Inc. · Filed Mar 13, 2026
Research Summary
AI-generated summary of this filing
SoFi CTO Jeremy Rishel Receives 181,805 RSUs
What Happened
Jeremy Rishel, Chief Technology Officer of SoFi Technologies, was granted 181,805 restricted stock units (RSUs) on 2026-03-11 (reported on Form 4 filed 2026-03-13). The award shows an acquisition price of $0.00 (derivative grant); no cash was paid. The RSUs represent a contingent right to receive one share per RSU upon settlement.
Key Details
- Transaction date: 2026-03-11 (Form 4 filed 2026-03-13). Transaction code: A (award/grant).
- Amount: 181,805 RSUs granted; acquisition price reported as $0.00.
- Shares owned after transaction: Not disclosed on this Form 4.
- Vesting (per footnote): Total vests over four years — 6.25% vests three months after March 14, 2026, then 6.25% vests each quarter for the next 15 quarters, subject to continued service.
- Footnote summary: Each RSU converts to one share at settlement for no additional consideration.
- Timeliness: Filed within standard reporting period (no late filing indicated).
Context
This was an equity compensation grant, not an open‑market purchase or sale. RSU awards are typically part of executive compensation and vest over time contingent on continued employment; they do not by themselves signal an immediate cash investment or divestment by the insider. The ultimate value to the insider will depend on SoFi’s share price when RSUs settle.
Insider Transaction Report
- Award
Restricted Stock Unit
[F1][F2]2026-03-11+181,805→ 181,805 total→ Common Stock (181,805 underlying)
Footnotes (2)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock upon settlement for no consideration.
- [F2]Represents shares issuable on settlement of RSUs granted to the Reporting Person. The RSU award will vest over a period of four years as follows: 6.25% of the award shall vest three months after March 14, 2026, and 6.25% shall vest each quarter thereafter for the following fifteen quarters, in each case, subject to the Reporting Person's continued service with the Issuer through the applicable vesting date.