George Thompson Hutton - 01 Dec 2025 Form 4 Insider Report for SoFi Technologies, Inc. (SOFI)

Footnote 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").

Footnote 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.

Footnote 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.