---
schema_version: "secwatch.filing_event.v1"
accession: "0001818874-25-000195"
form_type: "8-K"
ticker: "SOFI"
cik: "0001818874"
company_name: "SoFi Technologies, Inc."
filed_at: "2025-08-29T23:59:59+00:00"
generated_at: "2026-05-17T09:16:52.240396+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# SoFi CEO Noto enters prepaid forward contract on 1.5M shares for $24.1M liquidity

## Summary
- CEO Anthony Noto executed a prepaid variable forward contract on 1,500,000 shares (7% of his beneficial stake, <1% of total outstanding).
- Upfront cash payment $24,107,850; contract matures Aug 28, 2028 with share/cash settlement at then-market price.
- Floor price $18.21/share, cap price $49.18/share; at floor he would deliver up to 1.5M shares, at cap 555,409 shares.
- Noto retains all voting, dividend, and other rights on pledged shares during the contract term.
- Noto has not sold any SoFi stock since 2018; has purchased 2,775,307 shares in open market over past four years.

## SEC filing metadata
- accession: 0001818874-25-000195
- form_type: 8-K
- ticker: SOFI
- cik: 0001818874
- company_name: SoFi Technologies, Inc.
- filed_at: 2025-08-29T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1818874/000181887425000195/0001818874-25-000195-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1818874/000181887425000195/sofi-20250828.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001818874-25-000195
- JSON: https://secwatch.observer/filing/0001818874-25-000195.json
- Plain text: https://secwatch.observer/filing/0001818874-25-000195.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.