Pinto Arun 4
Research Summary
AI-generated summary
SoFi (SOFI) Chief Risk Officer Pinto Arun Receives 155,833 RSU Award
What Happened
- Pinto Arun, Chief Risk Officer of SoFi Technologies, was granted 155,833 restricted stock units (RSUs) on 2026-03-11. The award is recorded as a derivative acquisition at $0.00 (no cash paid).
- This is a compensation grant (not an open-market purchase or sale). The RSUs represent contingent rights to receive common shares upon settlement; value realized will depend on SoFi's stock price when/if the RSUs settle.
Key Details
- Transaction date: 2026-03-11; Form 4 filed: 2026-03-13 (timely within required reporting window).
- Grant amount: 155,833 RSUs; acquisition price: $0.00 (derivative award).
- Vesting: Award vests over four years — 6.25% vests three months after March 14, 2026, then 6.25% each quarter for the next 15 quarters (per footnote).
- Shares owned after transaction: not disclosed in the provided excerpt.
- Footnotes: F1 — each RSU equals a contingent right to one share upon settlement with no consideration. F2 — detailed quarterly vesting schedule as above.
- Transaction code: A (award/grant).
Context
- RSU grants are standard executive compensation and do not by themselves indicate a personal purchase/sale decision. Because these are time-based vesting RSUs, they incentivize continued service and alignment with share-price performance over the vesting period.
- As a derivative award, no cash changed hands at grant; taxable events and actual share delivery will occur on vesting/settlement per company plan.