Lavet Robert S 4

4 · SoFi Technologies, Inc. · Filed Mar 18, 2026

AI-generated summary of this filing

Updated Mar 19, 2026

SoFi (SOFI) GC Robert S. Lavet Receives RSU Settlement

What Happened

Robert S. Lavet, General Counsel of SoFi Technologies (SOFI), had a portion of his restricted stock units (RSUs settleable for common stock) convert into 36,057 shares on March 16, 2026.
Following the settlement, 16,669 of those shares were withheld on March 17, 2026 to satisfy tax withholding obligations at an implied value of $17.62 per share, totaling $293,658. The withheld shares were not issued to the reporting person.

Key Details

Transaction dates: RSU settlement (conversion) on 2026-03-16; tax withholding on 2026-03-17.
Share counts and values: 36,057 shares acquired via RSU settlement; 16,669 shares withheld at $17.62/share = $293,658. One conversion line shows $0 exercise price, reflecting RSU settlement rather than a paid option exercise.
Footnotes: F1–RSUs convert to one share each on settlement; F2–withheld shares used to satisfy tax withholding and were not issued to Lavet; F3–these shares settle part of RSUs granted on Feb 11, 2026.
Shares owned after the transactions: not specified in the provided filing.
Filing/timeliness: Report filed 2026-03-18 for transactions on 2026-03-16 and 03-17; appears timely under usual Form 4 reporting rules.

Context

This was an RSU settlement (an award being delivered), not an open-market purchase or voluntary sale; withholding to cover taxes is a routine administrative disposition and is common when equity awards vest.
For retail investors, RSU receipts are compensation events and do not necessarily signal the insider's market view; withheld shares to cover taxes do not equate to a sale intended to realize gains.

Form 4

Period: 2026-03-16

General Counsel

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-03-16+36,057→ 77,962 total
Tax Payment
Common Stock
[F2]
2026-03-17$17.62/sh−16,669$293,658→ 61,293 total
Exercise/Conversion
Restricted Stock Unit
[F1][F3]
2026-03-16−36,057→ 108,172 total
→ Common Stock (36,057 underlying)

Footnotes (3)

[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]Shares withheld to satisfy tax withholding obligation applicable to the vesting of stock-settled RSUs. These shares were not issued to the Reporting Person.
[F3]Represents the settlement of a portion of the RSUs granted to the Reporting Person as disclosed on the Reporting Person's Form 4 filed on February 11, 2026.

Signature

/s/ Deanna M. Smith, Attorney-in-Fact|2026-03-18

1 file