Lapointe Christopher 4
4 · SoFi Technologies, Inc. · Filed Mar 18, 2026
Research Summary
AI-generated summary of this filing
SoFi (SOFI) CFO Christopher Lapointe Receives RSU Shares; Tax Withholding
What Happened
Christopher Lapointe, CFO and Principal Accounting Officer of SoFi Technologies (SOFI), had a total of 155,907 restricted stock units (RSUs) settle on March 16, 2026. Of those, 82,913 shares were withheld to satisfy tax withholding obligations at an implied per‑share value of $17.76, equal to $1,472,535. The remaining 72,994 shares were delivered to him. The transactions reflect RSU settlements (conversion of derivative rights into common shares), not an open‑market buy or discretionary sale.
Key Details
- Transaction date: March 16, 2026; Form 4 filed March 18, 2026 (timely filing).
- RSUs settled: 119,318 and 36,589 (total 155,907).
- Shares withheld for taxes: 82,913 at $17.76/share = $1,472,535 (tax withholding/disposition code F). These shares were not issued to or sold by the reporting person (per footnote).
- Net shares delivered to reporting person: 72,994 (155,907 − 82,913).
- Footnotes: F1 indicates each RSU converts to one share for no consideration; F3/F4 note the settlements relate to RSU grants disclosed in prior Forms 4 (Mar 22, 2023; Mar 13, 2024; Form 4 filed Mar 12, 2025).
- Shares owned after the transaction: not specified in the filing.
Context
- This was a stock‑settled RSU vest/settlement, not a cash purchase or a sale motivated by trade activity. Withholding shares to cover taxes is a common administrative action when RSUs vest (similar to a "sell-to-cover").
- The Form uses code M to report conversion/exercise of derivative rights (RSUs converting to shares) and code F to report shares withheld for taxes.
- Such settlements are routine compensation events and do not, by themselves, indicate insider sentiment about the company.
Insider Transaction Report
Form 4
Lapointe Christopher
CFO and PAO
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-03-16+119,318→ 1,822,870 total - Exercise/Conversion
Common Stock
[F1]2026-03-16+36,589→ 1,859,459 total - Tax Payment
Common Stock
[F2]2026-03-16$17.76/sh−82,913$1,472,535→ 1,776,546 total - Exercise/Conversion
Restricted Stock Unit
[F1][F3]2026-03-16−119,318→ 423,623 total→ Common Stock (119,318 underlying) - Exercise/Conversion
Restricted Stock Unit
[F1][F4]2026-03-16−36,589→ 311,008 total→ Common Stock (36,589 underlying)
Footnotes (4)
- [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 or sold by 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 Forms 4 filed on March 22, 2023 and March 13, 2024.
- [F4]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 March 12, 2025.
Signature
/s/ Deanna M. Smith, Attorney-in-Fact|2026-03-18