Form 4: Affirm Holdings COO Michael Linford Reports Stock Transactions
SEC Form 4 Filing
Affirm Holdings' Chief Operating Officer, Michael Linford, reports the acquisition and disposal of Class A Common Stock and Restricted Stock Units on May 1, 2025.
Summary
- Michael Linford, the Chief Operating Officer of Affirm Holdings, Inc., filed a Form 4 detailing changes in beneficial ownership.
- On May 1, 2025, Linford acquired 2,335 shares of Class A Common Stock through the vesting of Restricted Stock Units (RSUs).
- Also on May 1, 2025, Linford disposed of 995 shares of Class A Common Stock to satisfy tax obligations at a price of $49.75 per share.
- Following these transactions, Linford directly owns 102,030 shares of Class A Common Stock.
- Linford also holds 37,371 Restricted Stock Units, which vest monthly beginning October 1, 2022, subject to continuous service.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about insider trading activity.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the COO's ongoing equity stake in the company and the vesting schedule of his compensation.
Stakeholder Impact
- Shareholders can use this information to understand the actions of company insiders and their alignment with shareholder interests.
Key Dates
| Date | Description |
|---|---|
| 10/01/2022 | RSUs vest in 48 equal monthly installments beginning October 1, 2022. |
| 05/01/2025 | Date of transaction: Acquisition of 2,335 shares via RSU vesting and disposal of 995 shares for tax obligations. |
| 05/05/2025 | Date of Form 4 filing. |
Keywords
Form 4, Affirm Holdings, Michael Linford, Class A Common Stock, Restricted Stock Units, Beneficial Ownership, AFRM, COO
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