Form 4: Affirm Holdings COO Michael Linford Reports Stock Transactions

Michael Linford, COO of Affirm Holdings, reports the acquisition and disposal of Class A Common Stock and Restricted Stock Units on October 1, 2024.

Summary

• On October 1, 2024, Michael Linford, the Chief Operating Officer & CFO of Affirm Holdings, Inc., engaged in transactions involving the company's Class A Common Stock and Restricted Stock Units (RSUs).
• Linford acquired 8,948 shares of Class A Common Stock at $0 and disposed of 3,900 shares at $38.48 to cover tax obligations.
• He also settled 2,336 and 6,612 Restricted Stock Units, resulting in adjustments to his holdings.
• Following these transactions, Linford directly owns 130,612 shares of Class A Common Stock, 53,719 RSUs vesting monthly from October 1, 2022, and 19,837 RSUs vesting quarterly from January 1, 2021.

Sentiment

Score: 5

Explanation: This is a neutral report of stock transactions by a company insider, with no inherent positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities in the company's stock.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in insider ownership.
• The tax obligation fulfillment impacts the reporting person's financial position.

Key Dates