Form 4: Affirm Holdings Chief Legal Officer Reports Stock Transactions

Katherine Adkins, Chief Legal Officer of Affirm Holdings, reports the vesting and subsequent tax withholding of Class A Common Stock and Restricted Stock Units.

Summary

• On March 1, 2024, Katherine Adkins, Chief Legal Officer of Affirm Holdings, reported transactions involving Class A Common Stock and Restricted Stock Units (RSUs).
• Adkins acquired 6,782 shares of Class A Common Stock through the vesting of RSUs.
• 2,053 shares were disposed of to satisfy tax obligations related to the RSU vesting at a price of $38.01 per share.
• The transactions resulted in Adkins directly owning 97,867 shares of Class A Common Stock following the reported transactions.
• The report also details the vesting of multiple tranches of RSUs, which convert into Class A Common Stock.
• The RSUs vest in monthly installments over periods of 24 to 48 months, contingent upon continuous service with Affirm Holdings.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing represents routine stock transactions by a company executive.

Industry Context

Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to investors.

Key Dates