Affirm Holdings (NASDAQ: AFRM) officer lines up multimillion share sale
Rhea-AI Filing Summary
Affirm Holdings, Inc. (AFRM) received a Rule 144 notice that officer Michael Linford plans to sell up to 79,219 shares of Affirm common stock, with an approximate sale date of 08/28/2026, through Morgan Stanley Smith Barney LLC.
The shares correspond to an aggregate market value of $6,138,680.31, and the filing lists 296,881,962 shares of common stock outstanding. Over the prior three months, Linford sold 100,000 shares on 06/26/2026 for total proceeds of $8,004,070.00 under a 10b5-1 plan.
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Key Figures
Shares to be sold under Rule 144: 79,219 shares
Aggregate market value of planned sale: $6,138,680.31
Shares outstanding: 296,881,962 shares
+3 more
6 metrics
Shares to be sold under Rule 144
79,219 shares
Planned sale by officer Michael Linford with approximate sale date 08/28/2026
Aggregate market value of planned sale
$6,138,680.31
Value associated with 79,219 Affirm common shares in the Rule 144 notice
Shares outstanding
296,881,962 shares
Affirm Holdings, Inc. common stock outstanding as listed in the Form 144
Shares sold in past 3 months
100,000 shares
10b5-1 sale by Michael Linford on 06/26/2026
Aggregate proceeds from recent sale
$8,004,070.00
Total proceeds from the 100,000-share sale on 06/26/2026
Approximate sale date for planned transaction
08/28/2026
Approximate date for sale of 79,219 shares under Rule 144
Key Terms
Rule 144, 10b5-1, aggregate market value, Form 144
4 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
10b5-1 regulatory
"10b5-1 Sales for MICHAEL LINFORD 221 Main Street Floor 6 San"
A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.
aggregate market value financial
"| 79219 | 6138680.31 | 296881962 | 08/28/2026 | NASDAQ"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
Form 144 regulatory
"144: Securities Sold During The Past 3 Months"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
FAQ
What does the Form 144 filing disclose for AFRM?
It discloses that Michael Linford, an officer of Affirm Holdings, Inc. (AFRM), filed a Rule 144 notice to sell up to 79,219 shares of Affirm common stock, with an approximate sale date of 08/28/2026, through Morgan Stanley Smith Barney LLC.
AI-generated analysis. How Rhea-AI works. Not financial advice.