Form 4 for AFRM Affirm Holdings, Inc.
Accepted 2025-08-22 00:00:00 ET · period of report 2025-08-22 · accession 0001628280-25-041071 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-08-22 | 2025-08-22 | AFRM | Linford Michael | COO | M - OptEx | $5.39 | +184.2K | 294.0K | +168% | +$992.8K |
| D | 2025-08-22 | 2025-08-22 | AFRM | Linford Michael | COO | S - Sale+OE | $80.09 | -184.2K | 109.8K | -63% | -$14.75M |
| D | 2025-08-22 | 2025-08-22 | AFRM | Linford Michael | COO | M - OptEx | $0.00 | -184.2K | 533.9K | -26% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2025-08-22 | M | A | 184,200 | $5.39 | 294,040 | D | — | — | (F1) The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 14, 2025. |
| 2 | Common | Class A Common Stock | 2025-08-22 | S | D | 184,200 | $80.09 | 109,840 | D | — | — | (F1) The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 14, 2025. (F2) Represents the weighted average sale price of the shares sold from $80.00 to $80.40 per share. The Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
| 3 | Derivative | Stock Option (Right to Buy) | 2025-08-22 | M | D | 184,200 | $0.00 | 533,870 | D | $5.39 · — to 2028-08-26 | 184,200 Class A Common Stock | (F1) The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 14, 2025. (F3) Stock options vest with respect to 1/4 of the shares of the Issuer's Class A common stock, par value $0.00001 per share ("Class A Common Stock"), underlying the stock option on the one-year anniversary of August 27, 2018, the vesting commencement date, and the remaining 3/4 of the shares underlying the option vest in equal monthly installments over the subsequent three years, in each case subject to continued service with the Issuer. The Reporting Person can elect to exercise the stock options at any time, provided that the shares acquired upon exercise remain subject to the applicable vesting schedule. |