| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | AFRM | Class A Common Stock | Sale | -$324K | -4.75K | -3.77% | $68.20 | 121K | Dec 12, 2024 | Direct | F1, F2, F3 |
| transaction | AFRM | Class A Common Stock | Sale | -$575K | -8.34K | -6.88% | $69.00 | 113K | Dec 12, 2024 | Direct | F1, F4 |
| transaction | AFRM | Class A Common Stock | Sale | -$182K | -2.6K | -2.31% | $70.01 | 110K | Dec 12, 2024 | Direct | F1, F5 |
| transaction | AFRM | Class A Common Stock | Sale | -$28.5K | -400 | -0.36% | $71.24 | 110K | Dec 12, 2024 | Direct | F1, F6 |
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 September 12, 2024. |
| F2 | Represents the weighted average sale price of the shares sold from $67.71 to $68.70 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 61,518 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 $68.71 to $69.62 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 $69.71 to $70.36 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 $71.01 to $71.36 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. |