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

Reporting relationship: Chief Legal Officer
Issuer ticker: AFRM
Reported as of: 29 Aug 2025
Net transaction value: -$3,311,862
SEC form: 4
Accepted by SEC: 03 Sep 2025, 18:00:58 UTC
Prior SEC filing: 07 Aug 2025
Next SEC filing: 22 Sep 2025
Source filing: View source filing
Reporting owner signature: /s/ Josh Samples, Attorney-in-Fact

Key filing fact

Katherine Adkins filed Form 4 for Affirm Holdings, Inc. (AFRM) on 03 Sep 2025.

Key facts

This page summarizes Katherine Adkins's Form 4 filing for Affirm Holdings, Inc. (AFRM).
9 reported transactions and 5 derivative rows are listed below.
Accepted by SEC: 03 Sep 2025, 18:00.

Change

Previous filing in this sequence was filed on 07 Aug 2025.
Current net transaction value: -$3,311,862.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001870331 Primary reporting owner

Adkins Katherine

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

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

AFRM transaction

Class A Common Stock

Options Exercise

Transaction value: $861,101
Shares: +36,878
Change %: +33%
Price: $23.35
Shares after: 150,278
Date: 29 Aug 2025
Ownership: Direct
Footnotes: F1

AFRM transaction

Class A Common Stock

Sale

Transaction value: $3,503,410
Shares: -36,878
Change %: -25%
Price: $95.00
Shares after: 113,400
Date: 29 Aug 2025
Ownership: Direct
Footnotes: F1

AFRM transaction

Class A Common Stock

Options Exercise

Transaction value: $0
Shares: +16,722
Change %: +15%
Price: $0.000000
Shares after: 130,122
Date: 01 Sep 2025
Ownership: Direct

AFRM transaction

Class A Common Stock

Tax liability

Transaction value: $669,554
Shares: -7,569
Change %: -5.8%
Price: $88.46
Shares after: 122,553
Date: 01 Sep 2025
Ownership: Direct
Footnotes: F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

AFRM transaction Derivative

Stock Option (Right to Buy)

Options Exercise

Transaction value: $0
Shares: -36,878
Change %: -31%
Price: $0.000000
Shares after: 81,134
Date: 29 Aug 2025
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 36,878
Exercise price: $23.35
Footnotes: F1, F3

AFRM transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -305
Change %: -20%
Price: $0.000000
Shares after: 1,220
Date: 01 Sep 2025
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 305
Exercise price
Footnotes: F4, F5

AFRM transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -1,402
Change %: -7.7%
Price: $0.000000
Shares after: 16,817
Date: 01 Sep 2025
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 1,402
Exercise price
Footnotes: F4, F6

AFRM transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -5,086
Change %: -11%
Price: $0.000000
Shares after: 40,685
Date: 01 Sep 2025
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 5,086
Exercise price
Footnotes: F4, F7

AFRM transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -9,929
Change %: -25%
Price: $0.000000
Shares after: 29,789
Date: 01 Sep 2025
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 9,929
Exercise price
Footnotes: F4, F8

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 8 footnotes

Footnote 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.

Footnote 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.

Footnote 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.

Footnote F4

Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of the Issuer's Class A Common Stock.

Footnote 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.

Footnote 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.

Footnote 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.

Footnote 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.