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 September 1, 2024, Katherine Adkins, Chief Legal Officer of Affirm Holdings, engaged in transactions involving Class A Common Stock and Restricted Stock Units (RSUs).
• 22,214 shares of Class A Common Stock were acquired through the vesting of RSUs.
• 10,054 shares were disposed of to satisfy tax obligations at a price of $44.01 per share.
• Following these transactions, Adkins directly owns 126,499 shares of Class A Common Stock.
• She also holds derivative securities including 1,490 RSUs vesting monthly from June 1, 2021, 4,879 RSUs vesting monthly from February 1, 2022, 33,633 RSUs vesting monthly from October 1, 2022 and 61,028 RSUs vesting quarterly from September 1, 2024.

Sentiment

Score: 5

Explanation: This is a neutral reporting of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel and their holdings in the company.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they primarily reflect internal compensation adjustments and tax obligations.

Key Dates