Rishel Jeremy 4

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.