Summary by Moomoo AI
Kelli Keough, an executive at SoFi Technologies, has filed an Initial Statement of Beneficial Ownership of Securities with the SEC, disclosing her direct ownership of 139,346 shares of common stock. The filing, dated 07/25/2024, also details Keough's beneficial ownership of derivative securities in the form of Restricted Stock Units (RSUs), with 397,151 and 909,072 shares issuable upon settlement. The RSUs are subject to vesting conditions tied to Keough's continued service with the company, with the first tranche vesting in March 2024 and subsequent tranches vesting quarterly over the following fifteen quarters. The filing, completed on 08/02/2024, is a routine disclosure required by Section 16(a) of the Securities Exchange Act of 1934, which mandates reporting by company insiders of changes in company stock ownership.