Pinto Arun 4

What Happened

• Arun Pinto, Chief Risk Officer of SoFi Technologies (SOFI), had 11,434 restricted stock units (RSUs) settle on March 16, 2026 (converted into common shares for no cash consideration). A separate transaction on March 17, 2026 shows disposal of 6,375 shares at $17.62 per share, producing roughly $112,308 to satisfy tax withholding obligations. The filings list the RSU settlement as a conversion/exercise of a derivative instrument (RSU → common stock).

Key Details

• Transaction dates: RSU settlement/conversion on 2026-03-16; tax-withholding sale on 2026-03-17.
• Share counts and values: 11,434 RSUs settled; 6,375 shares sold at $17.62 each ≈ $112,308.
• Footnotes: F1 — each RSU converts to one share upon settlement for no consideration; F2 — the 6,375 shares were sold to satisfy tax withholding and “were not issued to the Reporting Person”; F3 — this settlement is for a portion of RSUs granted earlier (Form 4 filed 3/12/2025).
• Shares owned after the transactions are not disclosed in the provided filing details.
• Filing timeliness: Reported on 2026-03-18 for transactions occurring 2026-03-16/17 — appears timely (Form 4 is normally due within two business days).

Context

• This was a routine RSU vesting and tax-withholding sale, not a discretionary open-market sale expressing a trading view. The filing shows conversion/settlement of RSUs (derivative → common stock) and a subsequent sale solely to cover tax obligations. Such transactions are common following equity award vesting.