Schuppenhauer Eric 4

What Happened
Eric Schuppenhauer, EVP (GBUL Borrow) at SoFi Technologies (SOFI), reported an open-market purchase of 5,000 shares on February 5, 2026. The shares were bought at $19.93 each for a total transaction value of $99,650. This was a purchase (transaction code P), which is a direct acquisition of company stock.

Key Details

• Transaction date and price: 2026-02-05 — 5,000 shares at $19.93 per share.
• Total value: $99,650.
• Transaction type/code: Purchase (P) — open market or private purchase.
• Form filed: SEC Form 4 filed on 2026-02-05 (Accession: 0002034857-26-000002).
• Shares owned after transaction: Not disclosed in this filing.
• Footnotes/notable items: No footnotes (e.g., 10b5-1 plan or tax withholding) were indicated.
• Timeliness: Filed same day as the reported transaction (no late filing noted).

Context
Insider purchases can be more informative to retail investors than routine sales, since they represent executives acquiring company stock. That said, a single purchase — here about $100k — is one data point and does not on its own predict future stock performance. The filing simply reports the acquisition; it does not state the insider’s reasons.