[Form 4] Affirm Holdings, Inc. Insider Trading Activity
Affirm Holdings insider activity: Michael Linford, the company's Chief Operating Officer, reported changes in his beneficial ownership on 09/01/2025. He had 25,031 shares of Class A common stock added under code M at a $0 price (reflecting settlement of restricted stock units) and sold 9,917 shares at $88.46 under code F. Following these transactions he beneficially owned 124,954 Class A shares. The filing also shows two RSU-related entries: 2,335 and 22,696 underlying Class A shares from separate RSU grants, with specified vesting schedules and no expiration. One sale was used to satisfy tax withholding related to RSU settlement.
Attivit脿 insider di Affirm Holdings: Michael Linford, Chief Operating Officer della societ脿, ha comunicato variazioni nella sua propriet脿 beneficiaria il 09/01/2025. Sono state aggiunte 25.031 azioni di Classe A con codice M a prezzo $0 (riflettendo il regolamento di unit脿 azionarie vincolate) e sono state vendute 9.917 azioni a $88,46 con codice F. Dopo queste operazioni possedeva beneficiariamente 124.954 azioni di Classe A. Il deposito riporta anche due voci relative a RSU: 2.335 e 22.696 azioni sottostanti di Classe A derivanti da diversi grant di RSU, con specifici piani di maturazione e senza scadenza. Una vendita 猫 stata utilizzata per soddisfare la ritenuta fiscale legata al regolamento delle RSU.
Actividad de insider de Affirm Holdings: Michael Linford, director de operaciones de la compa帽铆a, inform贸 cambios en su propiedad beneficiaria el 01/09/2025. Se a帽adieron 25.031 acciones de Clase A bajo el c贸digo M a precio $0 (reflejando la liquidaci贸n de unidades de acciones restringidas) y se vendieron 9.917 acciones a $88,46 bajo el c贸digo F. Tras estas transacciones pose铆a beneficiariamente 124.954 acciones de Clase A. La presentaci贸n tambi茅n muestra dos partidas relacionadas con RSU: 2.335 y 22.696 acciones subyacentes de Clase A procedentes de distintas concesiones de RSU, con calendarios de adquisici贸n espec铆ficos y sin vencimiento. Una venta se utiliz贸 para cubrir la retenci贸n fiscal asociada a la liquidaci贸n de las RSU.
Affirm Holdings 雮措秬鞛� 瓯半灅 雮挫棴: 須岇偓鞚� 斓滉碃鞖挫榿毂呾瀯鞛�(COO) 毵堨澊韥� 毽绊彫霌滉皜 2025-09-01鞐� 攴胳潣 鞁れ唽鞙� 歆�攵� 氤�霃欖潉 鞁犼碃頄堨姷雼堧嫟. 鞝滍暅欤检嫕雼渼(RSU) 鞝曥偘鞚� 氚橃榿頃橃棳 旖旊摐 M鞙茧 25,031欤检潣 韥措灅鞀� A 氤错喌欤缄皜 臧�瓴� $0搿� 於旉皜霅橃棃瓿�, 旖旊摐 F搿� 9,917欤茧ゼ 欤茧嫻 $88.46鞐� 毵る弰頄堨姷雼堧嫟. 鞚� 瓯半灅霌� 鞚错泟 攴胳潣 鞁れ唽鞙� 韥措灅鞀� A 欤检嫕 靾橂姅 124,954欤检瀰雼堧嫟. 鞁犼碃靹滌棎電� RSU 甏�霠� 頃 霊� 瓯措弰 響滌嫓霅橃柎 鞛堨溂氅�, 臧侁皝鞚� RSU 攵�鞐棎靹� 氚滌儩頃� 旮办磮 韥措灅鞀� A 欤检嫕 2,335欤检檧 22,696欤缄皜 韸轨爼 氩犾姢韺� 鞚检爼瓿� 毵岆 鞐嗢潓鞙茧 旮办灛霅橃柎 鞛堨姷雼堧嫟. 頃� 瓯挫潣 毵る弰電� RSU 鞝曥偘瓿� 甏�霠暅 靹戈笀 鞗愳矞歆曥垬毳� 於╇嫻頃橁赴 鞙勴暣 靷毄霅橃棃鞀惦媹雼�.
Activit茅 d'initi茅 chez Affirm Holdings : Michael Linford, directeur des op茅rations de la soci茅t茅, a d茅clar茅 des changements dans sa propri茅t茅 b茅n茅ficiaire le 01/09/2025. 25 031 actions de cat茅gorie A ont 茅t茅 ajout茅es sous le code M 脿 un prix de 0 $ (refl茅tant le r猫glement d'unit茅s d'actions restreintes) et 9 917 actions ont 茅t茅 vendues 脿 88,46 $ sous le code F. 脌 la suite de ces op茅rations, il d茅tenait b茅n茅ficiairement 124 954 actions de cat茅gorie A. Le d茅p么t indique 茅galement deux 茅l茅ments li茅s aux RSU : 2 335 et 22 696 actions de cat茅gorie A sous-jacentes provenant de subventions RSU distinctes, avec des calendriers d'acquisition sp茅cifiques et sans expiration. Une vente a servi 脿 r茅gler la retenue fiscale li茅e au r猫glement des RSU.
Insider-Aktivit盲t bei Affirm Holdings: Michael Linford, Chief Operating Officer des Unternehmens, meldete 脛nderungen seines wirtschaftlichen Eigentums am 01.09.2025. Es wurden 25.031 Aktien der Klasse A unter Code M zu $0 hinzugef眉gt (und zwar als Abwicklung von Restricted Stock Units) und 9.917 Aktien unter Code F zu $88,46 verkauft. Nach diesen Transaktionen besa脽 er wirtschaftlich 124.954 Klasse-A-Aktien. Die Einreichung zeigt au脽erdem zwei RSU-bezogene Eintr盲ge: 2.335 und 22.696 zugrunde liegende Klasse-A-Aktien aus separaten RSU-Zuteilungen, mit festgelegten Vesting-Pl盲nen und ohne Ablaufdatum. Ein Verkauf diente zur Begleichung der steuerlichen Einbehaltung im Zusammenhang mit der RSU-Abwicklung.
- Transparency: Insider transactions are fully disclosed on Form 4 with vesting and withholding explanations
- Retention alignment: RSU grants with multi-period vesting (48 monthly and 16 quarterly installments) indicate ongoing incentive alignment
- Insider sale: Disposition of 9,917 shares at $88.46 reduces insider ownership and could be viewed as partial liquidity
- Tax withholding: 9,917 shares were withheld to satisfy tax obligations, reducing net newly vested shares
Insights
TL;DR Insider sold a portion of vested RSUs at $88.46 while remaining a significant shareholder; transactions appear routine compensation-related moves.
The reported activity reflects RSU settlements and a contemporaneous disposition. The 25,031-share settlement (code M) at zero price is consistent with vesting of restricted stock units rather than a market purchase. The 9,917-share sale at $88.46 (code F) likely funded tax obligations or portfolio rebalancing. Holdings remain material at 124,954 Class A shares, suggesting continued alignment with shareholders. No information in the filing indicates extraordinary corporate events or securities pledges.
TL;DR Transactions are disclosure-compliant and involve compensation vesting plus a modest sale; governance impact appears limited.
The Form 4 discloses standard insider compensation mechanics: RSU vesting in scheduled tranches and share withholding to satisfy taxes. The filing names vesting schedules: one grant vests monthly in 48 installments beginning October 1, 2022, and another vests quarterly in 16 installments beginning September 1, 2025. The separate sale at $88.46 is properly reported. There are no indications of related-party transactions, plan abuses, or unusual acceleration in this report.
Attivit脿 insider di Affirm Holdings: Michael Linford, Chief Operating Officer della societ脿, ha comunicato variazioni nella sua propriet脿 beneficiaria il 09/01/2025. Sono state aggiunte 25.031 azioni di Classe A con codice M a prezzo $0 (riflettendo il regolamento di unit脿 azionarie vincolate) e sono state vendute 9.917 azioni a $88,46 con codice F. Dopo queste operazioni possedeva beneficiariamente 124.954 azioni di Classe A. Il deposito riporta anche due voci relative a RSU: 2.335 e 22.696 azioni sottostanti di Classe A derivanti da diversi grant di RSU, con specifici piani di maturazione e senza scadenza. Una vendita 猫 stata utilizzata per soddisfare la ritenuta fiscale legata al regolamento delle RSU.
Actividad de insider de Affirm Holdings: Michael Linford, director de operaciones de la compa帽铆a, inform贸 cambios en su propiedad beneficiaria el 01/09/2025. Se a帽adieron 25.031 acciones de Clase A bajo el c贸digo M a precio $0 (reflejando la liquidaci贸n de unidades de acciones restringidas) y se vendieron 9.917 acciones a $88,46 bajo el c贸digo F. Tras estas transacciones pose铆a beneficiariamente 124.954 acciones de Clase A. La presentaci贸n tambi茅n muestra dos partidas relacionadas con RSU: 2.335 y 22.696 acciones subyacentes de Clase A procedentes de distintas concesiones de RSU, con calendarios de adquisici贸n espec铆ficos y sin vencimiento. Una venta se utiliz贸 para cubrir la retenci贸n fiscal asociada a la liquidaci贸n de las RSU.
Affirm Holdings 雮措秬鞛� 瓯半灅 雮挫棴: 須岇偓鞚� 斓滉碃鞖挫榿毂呾瀯鞛�(COO) 毵堨澊韥� 毽绊彫霌滉皜 2025-09-01鞐� 攴胳潣 鞁れ唽鞙� 歆�攵� 氤�霃欖潉 鞁犼碃頄堨姷雼堧嫟. 鞝滍暅欤检嫕雼渼(RSU) 鞝曥偘鞚� 氚橃榿頃橃棳 旖旊摐 M鞙茧 25,031欤检潣 韥措灅鞀� A 氤错喌欤缄皜 臧�瓴� $0搿� 於旉皜霅橃棃瓿�, 旖旊摐 F搿� 9,917欤茧ゼ 欤茧嫻 $88.46鞐� 毵る弰頄堨姷雼堧嫟. 鞚� 瓯半灅霌� 鞚错泟 攴胳潣 鞁れ唽鞙� 韥措灅鞀� A 欤检嫕 靾橂姅 124,954欤检瀰雼堧嫟. 鞁犼碃靹滌棎電� RSU 甏�霠� 頃 霊� 瓯措弰 響滌嫓霅橃柎 鞛堨溂氅�, 臧侁皝鞚� RSU 攵�鞐棎靹� 氚滌儩頃� 旮办磮 韥措灅鞀� A 欤检嫕 2,335欤检檧 22,696欤缄皜 韸轨爼 氩犾姢韺� 鞚检爼瓿� 毵岆 鞐嗢潓鞙茧 旮办灛霅橃柎 鞛堨姷雼堧嫟. 頃� 瓯挫潣 毵る弰電� RSU 鞝曥偘瓿� 甏�霠暅 靹戈笀 鞗愳矞歆曥垬毳� 於╇嫻頃橁赴 鞙勴暣 靷毄霅橃棃鞀惦媹雼�.
Activit茅 d'initi茅 chez Affirm Holdings : Michael Linford, directeur des op茅rations de la soci茅t茅, a d茅clar茅 des changements dans sa propri茅t茅 b茅n茅ficiaire le 01/09/2025. 25 031 actions de cat茅gorie A ont 茅t茅 ajout茅es sous le code M 脿 un prix de 0 $ (refl茅tant le r猫glement d'unit茅s d'actions restreintes) et 9 917 actions ont 茅t茅 vendues 脿 88,46 $ sous le code F. 脌 la suite de ces op茅rations, il d茅tenait b茅n茅ficiairement 124 954 actions de cat茅gorie A. Le d茅p么t indique 茅galement deux 茅l茅ments li茅s aux RSU : 2 335 et 22 696 actions de cat茅gorie A sous-jacentes provenant de subventions RSU distinctes, avec des calendriers d'acquisition sp茅cifiques et sans expiration. Une vente a servi 脿 r茅gler la retenue fiscale li茅e au r猫glement des RSU.
Insider-Aktivit盲t bei Affirm Holdings: Michael Linford, Chief Operating Officer des Unternehmens, meldete 脛nderungen seines wirtschaftlichen Eigentums am 01.09.2025. Es wurden 25.031 Aktien der Klasse A unter Code M zu $0 hinzugef眉gt (und zwar als Abwicklung von Restricted Stock Units) und 9.917 Aktien unter Code F zu $88,46 verkauft. Nach diesen Transaktionen besa脽 er wirtschaftlich 124.954 Klasse-A-Aktien. Die Einreichung zeigt au脽erdem zwei RSU-bezogene Eintr盲ge: 2.335 und 22.696 zugrunde liegende Klasse-A-Aktien aus separaten RSU-Zuteilungen, mit festgelegten Vesting-Pl盲nen und ohne Ablaufdatum. Ein Verkauf diente zur Begleichung der steuerlichen Einbehaltung im Zusammenhang mit der RSU-Abwicklung.
FAQ
What transactions did AFRM COO Michael Linford report on 09/01/2025?
How many Class A shares does Michael Linford beneficially own after the report?
Were the vested awards subject to withholding or sale to cover taxes?
What are the vesting schedules disclosed for the RSU grants?
Do the RSUs have expiration dates?
