Form 4: Affirm Holdings Director Reports RSU Grant and Pre-Planned Stock Sale

Christa S. Quarles, a Director at Affirm Holdings, Inc., reported the acquisition of 670 Class A Common Stock RSUs and the sale of 754 Class A Common Stock shares under a pre-arranged trading plan.

Summary

• Christa S. Quarles, a Director of Affirm Holdings, Inc. (AFRM), reported transactions involving Class A Common Stock.
• On July 1, 2025, 670 shares of Class A Common Stock were acquired through a grant of Restricted Stock Units (RSUs) under the Issuer's Amended and Restated 2012 Stock Plan. Each RSU represents a contingent right to receive one share, and these RSUs will vest in full on July 1, 2026. The acquisition price for these RSUs was $0.
• On the same date, July 1, 2025, 754 shares of Class A Common Stock were disposed of at a weighted average sale price of $67.43 per share. The sales price ranged from $67.11 to $67.71 per share.
• These sales were executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 13, 2024.
• Following these reported transactions, the reporting person beneficially owns 137,241 shares of Class A Common Stock directly.

Sentiment

Score: 5

Explanation: The filing is a routine disclosure of insider transactions, including an RSU grant and a pre-planned stock sale, which are neutral in sentiment.

Positives

• Grant of 670 Restricted Stock Units (RSUs) to Director Christa S. Quarles, representing future equity compensation that vests on July 1, 2026.

Negatives

• Disposition of 754 shares of Class A Common Stock by a Director, although this was a pre-planned sale under a Rule 10b5-1 plan.

Risks

• No specific company risks are detailed in this Form 4 filing, which primarily reports routine insider transactions.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: Minimal impact from routine insider transactions; the sale is pre-planned and not indicative of new information.
• Employees: Not directly impacted by this specific filing, though RSU grants are a form of director compensation.

Next Steps

• The 670 Restricted Stock Units granted will vest in full on July 1, 2026.

Key Dates

Keywords

Affirm Holdings, AFRM, Form 4, Insider Trading, Stock Transaction, RSU Grant, Restricted Stock Units, 10b5-1 Plan, Director Stock Sale, Equity Compensation