Form 4: Affirm Holdings CFO Robert O'Hare Reports Stock Transactions
SEC Form 4 Filing
Chief Financial Officer of Affirm Holdings, Robert O'Hare, reports the vesting and subsequent tax withholding of Class A Common Stock and Restricted Stock Units.
Summary
- On March 1, 2025, Robert O'Hare, the CFO of Affirm Holdings, reported transactions involving Class A Common Stock and Restricted Stock Units (RSUs).
- 14,517 shares of Class A Common Stock were acquired upon the vesting of RSUs.
- 6,267 shares were disposed of to satisfy tax obligations at a price of $64.15 per share.
- Various tranches of RSUs vested, resulting in the acquisition of underlying Class A Common Stock.
- These RSUs vest in monthly or quarterly installments, contingent upon continued employment with Affirm Holdings.
- Following these transactions, O'Hare directly owns 8,918 shares of Class A Common Stock and varying amounts of RSUs from different grants.
Sentiment
Score: 5
Explanation: This is a routine filing related to executive compensation and stock ownership, with no inherent positive or negative implications for the company's performance.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to investors.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive compensation and stock ownership.
- The transactions have a minor impact on the overall shareholding structure of the company.
Key Dates
| Date | Description |
|---|---|
| April 1, 2022 | Start date for monthly vesting of some RSUs. |
| August 1, 2022 | Start date for monthly vesting of some RSUs. |
| October 1, 2022 | Start date for monthly vesting of some RSUs. |
| August 1, 2023 | End date for monthly vesting of some RSUs. |
| September 1, 2023 | Start date for quarterly vesting of some RSUs. |
| September 1, 2024 | Vesting date for 25% of shares under one RSU grant. |
| December 1, 2024 | Vesting commencement date for some RSUs. |
| March 1, 2025 | Date of reported transactions: vesting of RSUs and tax withholding. |
| March 4, 2025 | Date of signature on the Form 4 filing. |
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