Form 4: Affirm Holdings COO Michael Linford Reports Stock Transactions

Sentiment:

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

DateDescription
10/01/2022RSUs vest in 48 equal monthly installments beginning October 1, 2022.
02/01/2025Date of stock vesting and tax withholding.
02/04/2025Date 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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