SoFi (SOFI) EVP Kelli Keough Receives 127,867 RSUs

What Happened

• Kelli Keough, Executive Vice President (GBUL, SIPS) at SoFi Technologies (SOFI), had a total of 127,867 restricted stock units (RSUs) settle on September 14, 2026. The RSUs converted to common shares for no consideration (i.e., settlement of award rather than a purchase).
• To satisfy withholding obligations, 66,033 of those shares were surrendered/withheld on September 15, 2026, at an implied value of $17.28 per share, totaling $1,140,984. After withholding, approximately 61,834 shares were issued to Keough (127,867 settled minus 66,033 withheld).

Key Details

• Transaction dates: RSU settlement/conversion on 2026-09-14 (transaction code M); tax withholding/payment on 2026-09-15 (transaction code F).
• Price/values: RSU settlement occurred for no cash consideration (shares issued); 66,033 shares withheld valued at $17.28 each = $1,140,984.
• Shares issued to reporting person (net): ~61,834 (127,867 settled less 66,033 withheld). The Form 4 does not list the reporting person’s total post-transaction beneficial ownership.
• Footnotes: F1–F5 indicate these were RSU settlements from prior grants (as disclosed on earlier filings). F2 confirms shares were withheld to satisfy tax withholding and were not issued to the reporting person.
• Filing timeliness: Form 4 was filed on 2026-09-16 for transactions occurring 2026-09-14–15; this appears to be filed within the required two-business-day window (not marked late).

Context

• These transactions reflect RSU settlement (award vesting), not an open-market purchase or voluntary sale by the insider. The withholding of shares to cover taxes is common when stock awards vest and does not necessarily indicate a view on the company’s stock.
• Transaction codes: M = exercise/conversion of a derivative (here, RSU settlement); F = payment of exercise price or tax liability (here, share withholding for taxes).