| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | AFRM | Class A Common Stock | Sale | -$112K | -3.38K | -3.84% | $33.29 | 84.5K | Mar 14, 2024 | Direct | F1, F2, F3 |
| transaction | AFRM | Class A Common Stock | Sale | -$117K | -3.4K | -4.03% | $34.48 | 81.1K | Mar 14, 2024 | Direct | F1, F4 |
| transaction | AFRM | Class A Common Stock | Sale | -$70.6K | -2K | -2.47% | $35.29 | 79.1K | Mar 14, 2024 | Direct | F1, F5 |
| transaction | AFRM | Class A Common Stock | Sale | -$11.1K | -300 | -0.38% | $37.03 | 78.8K | Mar 14, 2024 | Direct | F1, F6 |
| transaction | AFRM | Class A Common Stock | Sale | -$7.64K | -200 | -0.25% | $38.20 | 78.6K | Mar 14, 2024 | Direct | F1, F7 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 14, 2023. |
| F2 | Represents the weighted average sale price of the shares sold from $32.89 to $33.70 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. |
| F3 | Represents the receipt of 87,828 shares of Class A Common Stock pursuant to pro rata distributions effected by Khosla Ventures to its members, including the Reporting Person, for no additional consideration. |
| F4 | Represents the weighted average sale price of the shares sold from $33.91 to $34.89 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. |
| F5 | Represents the weighted average sale price of the shares sold from $34.95 to $35.57 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. |
| F6 | Represents the weighted average sale price of the shares sold from $36.80 to $37.24 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. |
| F7 | Represents the weighted average sale price of the shares sold from $38.18 to $38.21 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. |