Katherine Adkins - 29 Aug 2025 Form 4 Insider Report for Affirm Holdings, Inc. (AFRM)

Role
Chief Legal Officer
Signature
/s/ Josh Samples, Attorney-in-Fact
Issuer symbol
AFRM
Transactions as of
29 Aug 2025
Net transactions value
-$3,311,862
Form type
4
Filing time
03 Sep 2025, 18:00:58 UTC
Previous filing
07 Aug 2025
Next filing
22 Sep 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Adkins Katherine Chief Legal Officer C/O AFFIRM HOLDINGS, INC., 650 CALIFORNIA STREET, SAN FRANCISCO /s/ Josh Samples, Attorney-in-Fact 03 Sep 2025 0001870331

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AFRM Class A Common Stock Options Exercise $861,101 +36,878 +33% $23.35 150,278 29 Aug 2025 Direct F1
transaction AFRM Class A Common Stock Sale $3,503,410 -36,878 -25% $95.00 113,400 29 Aug 2025 Direct F1
transaction AFRM Class A Common Stock Options Exercise $0 +16,722 +15% $0.000000 130,122 01 Sep 2025 Direct
transaction AFRM Class A Common Stock Tax liability $669,554 -7,569 -5.8% $88.46 122,553 01 Sep 2025 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AFRM Stock Option (Right to Buy) Options Exercise $0 -36,878 -31% $0.000000 81,134 29 Aug 2025 Class A Common Stock 36,878 $23.35 Direct F1, F3
transaction AFRM Restricted Stock Units Options Exercise $0 -305 -20% $0.000000 1,220 01 Sep 2025 Class A Common Stock 305 Direct F4, F5
transaction AFRM Restricted Stock Units Options Exercise $0 -1,402 -7.7% $0.000000 16,817 01 Sep 2025 Class A Common Stock 1,402 Direct F4, F6
transaction AFRM Restricted Stock Units Options Exercise $0 -5,086 -11% $0.000000 40,685 01 Sep 2025 Class A Common Stock 5,086 Direct F4, F7
transaction AFRM Restricted Stock Units Options Exercise $0 -9,929 -25% $0.000000 29,789 01 Sep 2025 Class A Common Stock 9,929 Direct F4, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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).

Explanation of Responses:

Id Content
F1 The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 6, 2024.
F2 Represents the number of shares of the Issuer's Common Stock withheld to satisfy the Reporting Person's tax obligation in connection with the settlement of shares of Common Stock underlying the Reporting Person's restricted stock units that vested on September 1, 2025.
F3 The stock options vest in 48 equal monthly installments beginning October 1, 2023, subject to the Reporting Person's continuous service with the Issuer as of each vesting date.
F4 Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F5 The RSUs vest in 48 equal monthly installments beginning February 1, 2022, subject to the Reporting Person's continuous service with the Issuer as of each vesting date. This grant has no expiration date.
F6 The RSUs vest in 48 equal monthly installments beginning October 1, 2022, subject to the Reporting Person's continuous service with the Issuer as of each vesting date. This grant has no expiration date.
F7 The RSUs vest in 16 equal quarterly installments beginning September 1, 2024, subject to the Reporting Person's continuous service with the Issuer as of each vesting date. This grant has no expiration date.
F8 The RSUs vest in 16 equal quarterly installments beginning September 1, 2025, subject to the Reporting Person's continuous service with the Issuer as of each vesting date. This grant has no expiration date.