Schuppenhauer Eric 4
4 · SoFi Technologies, Inc. · Filed Mar 13, 2026
Research Summary
AI-generated summary of this filing
SoFi (SOFI) EVP Eric Schuppenhauer Receives RSU Award
What Happened Eric Schuppenhauer, EVP (GBUL Borrow) at SoFi Technologies (SOFI), was granted 103,889 restricted stock units (RSUs) on March 11, 2026. The award was reported as a derivative grant (code A) at $0.00 per share — RSUs represent a contingent right to receive one share each upon settlement, so there was no cash purchase or sale and the immediate monetary value is not recorded in the filing.
Key Details
- Transaction date: 2026-03-11; Form 4 filed: 2026-03-13 (appears filed within the typical 2-business-day window).
- Grant size: 103,889 RSUs; reported acquisition price: $0.00 (derivative award).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes: F1—each RSU converts to one common share upon settlement for no consideration. F2—vesting over four years: 6.25% vests three months after March 14, 2026, then 6.25% each quarter for the next 15 quarters (totaling 100%), subject to continued service.
Context This is a compensation award (not an open-market purchase or sale). RSU grants are common executive pay and indicate future potential share issuance on vesting rather than an immediate insider buy or sell. The RSUs will only become shares if and when they vest and are settled per the schedule above.
Insider Transaction Report
- Award
Restricted Stock Unit
[F1][F2]2026-03-11+103,889→ 103,889 total→ Common Stock (103,889 underlying)
Footnotes (2)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock upon settlement for no consideration.
- [F2]Represents shares issuable on settlement of RSUs granted to the Reporting Person. The RSU award will vest over a period of four years as follows: 6.25% of the award shall vest three months after March 14, 2026, and 6.25% shall vest each quarter thereafter for the following fifteen quarters, in each case, subject to the Reporting Person's continued service with the Issuer through the applicable vesting date.