Form 4: Affirm Holdings COO Michael Linford Reports Stock Transactions
SEC Form 4 Filing
Michael Linford, COO of Affirm Holdings, reports the vesting and subsequent tax withholding of Class A Common Stock.
Summary
- On February 1, 2025, Michael Linford, the Chief Operating Officer of Affirm Holdings, Inc., engaged in transactions involving Class A Common Stock.
- Linford vested 2,336 shares of Class A Common Stock from Restricted Stock Units (RSUs).
- 652 shares were withheld to cover tax obligations at a price of $61.07 per share.
- Following these transactions, Linford directly owns 93,371 shares of Class A Common Stock and 44,377 Restricted Stock Units.
- The RSUs vest in 48 equal monthly installments beginning October 1, 2022.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, and carries a neutral sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for executives at publicly traded companies. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they represent routine executive compensation adjustments.
Key Dates
| Date | Description |
|---|---|
| 10/01/2022 | RSUs vest in 48 equal monthly installments beginning October 1, 2022. |
| 02/01/2025 | Date of stock vesting and tax withholding. |
| 02/04/2025 | Date of Form 4 filing. |
Keywords
Affirm Holdings, AFRM, Michael Linford, Form 4, Stock Transaction, Restricted Stock Units, RSU, Beneficial Ownership, Insider Trading
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