Key facts
- This page summarizes SLTA IV (GP), L.L.C.'s Form 4 filing for SoFi Technologies, Inc. (SOFI).
- 10 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 04 Dec 2024, 20:12.
SLTA IV (GP), L.L.C. - 02 Dec 2024 Form 4 Insider Report for SoFi Technologies, Inc. (SOFI)
- Reporting relationship
- Director
- Issuer ticker
- SOFI
- Reported as of
- 02 Dec 2024
- Net transaction value
- -$498,834,768
- SEC form
- 4
- Accepted by SEC
- 04 Dec 2024, 20:12:22 UTC
- Prior SEC filing
- 08 Oct 2024
- Next SEC filing
- 09 Dec 2024
- Source filing
- View source filing
- Reporting owner signature
- By: /s/ Andrew J. Schader; Managing Director and General Counsel of Silver Lake Group, L.L.C.
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Filing notes and source
Key filing fact
SLTA IV (GP), L.L.C. filed Form 4 for SoFi Technologies, Inc. (SOFI) on 04 Dec 2024.
Change
- Previous filing in this sequence was filed on 08 Oct 2024.
- Current net transaction value: -$498,834,768.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
SOFI
transaction
Common Stock
Sale
- Transaction value
- $27,779,191
- Shares
- -1,729,713
- Change %
- -5.6%
- Price
- $16.06
- Shares after
- 28,913,529
- Date
- 02 Dec 2024
- Ownership
- Held through Silver Lake Partners IV, L.P.
- Footnotes
- F1, F3, F4, F5
SOFI
transaction
Common Stock
Sale
- Transaction value
- $463,170
- Shares
- -28,840
- Change %
- -5.6%
- Price
- $16.06
- Shares after
- 482,083
- Date
- 02 Dec 2024
- Ownership
- Held through Silver Lake Technology Investors IV (Delaware II), L.P.
- Footnotes
- F2, F3, F5
SOFI
transaction
Common Stock
Sale
- Transaction value
- $81,770,870
- Shares
- -5,142,822
- Change %
- -18%
- Price
- $15.90
- Shares after
- 23,770,707
- Date
- 03 Dec 2024
- Ownership
- Held through Silver Lake Partners IV, L.P.
- Footnotes
- F1, F3, F6
SOFI
transaction
Common Stock
Sale
- Transaction value
- $1,363,393
- Shares
- -85,748
- Change %
- -18%
- Price
- $15.90
- Shares after
- 396,335
- Date
- 03 Dec 2024
- Ownership
- Held through Silver Lake Technology Investors IV (Delaware II), L.P.
- Footnotes
- F2, F3, F6
SOFI
transaction
Common Stock
Sale
- Transaction value
- $959,691
- Shares
- -60,131
- Change %
- -0.25%
- Price
- $15.96
- Shares after
- 23,710,576
- Date
- 03 Dec 2024
- Ownership
- Held through Silver Lake Partners IV, L.P.
- Footnotes
- F1, F3, F7
SOFI
transaction
Common Stock
Sale
- Transaction value
- $16,008
- Shares
- -1,003
- Change %
- -0.25%
- Price
- $15.96
- Shares after
- 395,332
- Date
- 03 Dec 2024
- Ownership
- Held through Silver Lake Technology Investors IV (Delaware II), L.P.
- Footnotes
- F2, F3, F7
SOFI
transaction
Common Stock
Sale
- Transaction value
- $310,449,207
- Shares
- -19,389,745
- Change %
- -82%
- Price
- $16.01
- Shares after
- 4,320,831
- Date
- 04 Dec 2024
- Ownership
- Held through Silver Lake Partners IV, L.P.
- Footnotes
- F1, F3
SOFI
transaction
Common Stock
Sale
- Transaction value
- $5,176,196
- Shares
- -323,290
- Change %
- -82%
- Price
- $16.01
- Shares after
- 72,042
- Date
- 04 Dec 2024
- Ownership
- Held through Silver Lake Technology Investors IV (Delaware II), L.P.
- Footnotes
- F2, F3
SOFI
transaction
Common Stock
Sale
- Transaction value
- $69,695,004
- Shares
- -4,320,831
- Change %
- -100%
- Price
- $16.13
- Shares after
- 0
- Date
- 04 Dec 2024
- Ownership
- Held through Silver Lake Partners IV, L.P.
- Footnotes
- F1, F3, F8
SOFI
transaction
Common Stock
Sale
- Transaction value
- $1,162,037
- Shares
- -72,042
- Change %
- -100%
- Price
- $16.13
- Shares after
- 0
- Date
- 04 Dec 2024
- Ownership
- Held through Silver Lake Technology Investors IV (Delaware II), L.P.
- Footnotes
- F2, F3, F8
SOFI
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 112,971
- Date
- 02 Dec 2024
- Ownership
- See footnote
- Footnotes
- F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 8 footnotes
Footnote F1
These securities are directly owned by Silver Lake Partners IV, L.P. ("SLP IV").
Footnote F2
These securities are directly owned by Silver Lake Technology Investors IV (Delaware II), L.P. ("SLTI IV").
Footnote F3
Silver Lake Technology Associates IV, L.P. ("SLTA IV") is the general partner of SLP IV and SLTI IV. The general partner of SLTA IV is SLTA IV (GP), L.L.C. ("SLTA IV GP"), the managing member of which is Silver Lake Group, L.L.C. ("SLG"). Michael Bingle is a director of the Issuer and Vice Chairman of SLG. Each of SLP IV, SLTI IV, SLTA IV, SLTA IV GP and SLG may be deemed to be a director by deputization of SoFi Technologies, Inc. (the "Issuer").
Footnote F4
Represents shares of common stock and restricted stock units held by Michael Bingle, a director of the Issuer and Vice Chairman of SLG, as part of the Issuer's non-employee director compensation policy, for the benefit of one or more of the Reporting Persons and/or certain of their affiliates or certain of the funds they manage ("Silver Lake"). Pursuant to Silver Lake's policies with respect to director compensation, upon the sale of these securities, the proceeds from each sale will be expected to be remitted to Silver Lake and/or its limited partners.
Footnote F5
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.88 to $16.60 per share, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Footnote F6
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.75 to $16.14 per share, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Footnote F7
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.90 to $16.00 per share, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Footnote F8
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.90 to $16.43 per share, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
SEC remarks
The Reporting Persons are jointly filing this Form 4 pursuant to Rule 16a-3(j) under the Exchange Act. This filing shall not be deemed an admission that the Reporting Persons are beneficial owners of all securities covered by this filing for purposes of Section 16 of the Exchange Act or otherwise, or are subject to Section 16 of the Exchange Act, and each Reporting Person disclaims beneficial ownership of these securities, except to the extent of such Reporting Person's pecuniary interest therein, if any.