Form 4: Affirm Holdings Chief Legal Officer Reports Stock Transactions
SEC Form 4 Filing
Katherine Adkins, Chief Legal Officer of Affirm Holdings, reports the vesting and subsequent tax withholding of Class A Common Stock related to restricted stock units.
Summary
- On May 1, 2025, Katherine Adkins, Chief Legal Officer of Affirm Holdings, engaged in transactions involving Class A Common Stock.
- Adkins acquired 1,872 shares of Class A Common Stock through the vesting of restricted stock units (RSUs).
- 568 shares were withheld to satisfy tax obligations related to the RSU vesting at a price of $49.75 per share.
- Following these transactions, Adkins directly owns 107,302 shares of Class A Common Stock.
- The reported transactions also involve RSUs that vest in monthly installments, subject to continuous service with Affirm Holdings.
Sentiment
Score: 5
Explanation: This is a routine filing related to executive compensation and does not inherently indicate positive or negative sentiment. It reflects standard corporate practices.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates standard compensation practices involving stock-based compensation.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they relate to executive compensation and do not represent a significant change in the company's financial position.
Key Dates
| Date | Description |
|---|---|
| 06/01/2021 | Start date for vesting of some RSUs in 48 equal monthly installments. |
| 02/01/2022 | Start date for vesting of some RSUs in 48 equal monthly installments. |
| 10/01/2022 | Start date for vesting of some RSUs in 48 equal monthly installments. |
| 05/01/2025 | Date of the reported stock transactions (RSU vesting and tax withholding). |
| 05/05/2025 | Date of the report filing. |
Keywords
Affirm Holdings, AFRM, Katherine Adkins, Chief Legal Officer, Form 4, SEC Filing, Stock Transactions, Restricted Stock Units, RSU, Beneficial Ownership, Class A Common Stock
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