SoFi Technologies, Inc. · Other acquisition · Prepaid Forward Contract

What does this filing report?

An SEC Form 4 filing for SoFi Technologies, Inc. records an other acquisition involving Prepaid Forward Contract on December 1, 2025. The reported quantity was 664,938. The filing date is December 1, 2025. This is one transaction record; amounts are not allocated among any joint reporting owners.

The acquisition category describes how securities were received. It does not by itself establish a cash purchase of common stock. Read the transaction code definitionsand the original filing before interpreting the amounts.

Derivative terms

Underlying security

Common Stock

Underlying quantity

664,938

Conversion / exercise price

Not reported

Exercise date

Not reported

Expiration date

Not reported

Filing footnotes & remarks

F1

In accordance with the procedures described in the interpretive letters from the staff of the SEC to Goldman Sachs & Co. LLC, dated December 20, 1999 and to Bank of America, N.A., dated December 1, 2011, on December 1, 2025, the Reporting Person executed a postpaid variable share forward contract (the "Contract") under Rule 144 with an unaffiliated dealer on the common stock, $0.0001 par value per share (the "Shares") of SoFi Technologies, Inc. Pursuant to the Contract, the Reporting Person expects to receive a cash payment upon settlement of the Contract in exchange for agreeing to deliver to the dealer 664,938 Shares (the "Maximum Number of Shares") or an equivalent amount of cash if cash settlement of the Contract is applicable. The amount of cash that may be received will be determined based on the volume weighted average price per share of the Shares on or immediately prior to the settlement date (the "Settlement Price").

F2

On the settlement date, the Reporting Person expects to receive a cash payment in an amount equal to the Maximum Number of Shares multiplied by (i) if the Settlement Price is less than approximately $20.47 (the "Floor Price"), the Floor Price; or (ii) if the Settlement Price is greater than the Floor Price but less than or equal to approximately $57.47 (the "Cap Price"), the Settlement Price; or (iii) if the Settlement Price is greater than the Cap Price, the Cap Price. The Contract is expected to be settled in December 2027.

F3

Under the Contract, the Reporting Person pledged the Maximum Number of Shares to the dealer. The Reporting Person retains beneficial ownership, dividend and voting rights of the Shares unless and until cash settlement of the Contract is applicable.

Footnotes are reproduced as plain text from the current source filing. For the full context, read the original SEC filing.