Affirm (NASDAQ: AFRM) president logs RSU share conversion and tax withholding

Rhea-AI Filing Summary

Affirm Holdings President Libor Michalek reported multiple equity compensation events. On March 1, 2026, restricted stock units converted into 11,362 shares of Class A common stock at $0.00 per share, increasing his directly held common stock to 218,359 shares.

To cover taxes tied to the RSU settlement, 4,079 shares of Class A common stock were withheld at $46.98 per share, leaving 214,280 directly held shares. Additional shares are held indirectly through the Michalek 2007 Family Trust, where he and his spouse serve as trustees.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Michalek Libor

(Last) (First) (Middle)

C/O AFFIRM HOLDINGS, INC.

650 CALIFORNIA STREET

(Street)

SAN FRANCISCO CA 94108

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Affirm Holdings, Inc. [ AFRM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President

3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	03/01/2026		M		11,362	A	$0	218,359	D
Class A Common Stock	03/01/2026		F		4,079(1)	D	$46.98	214,280	D
Class A Common Stock								868,114	I	Michalek 2007 Trust dated March 21, 2007(2)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(3)	03/01/2026		M			2,336	(4)	(4)	Class A Common Stock	2,336	$0	14,015	D
Restricted Stock Units	(3)	03/01/2026		M			3,707	(5)	(5)	Class A Common Stock	3,707	$0	37,074	D
Restricted Stock Units	(3)	03/01/2026		M			5,319	(6)	(6)	Class A Common Stock	5,319	$0	53,195	D

Explanation of Responses:

1. Represents the number of shares of the Issuer's Common Stock withheld to satisfy the Reporting Person's tax obligation in connection with the settlement of shares of Common Stock underlying the Reporting Person's restricted stock units that vested on March 1, 2026.

2. The shares are held by the Michalek 2007 Family Trust dated March 21, 2007. The Reporting Person and his spouse are trustees of the trust.

3. Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of the Issuer's Class A Common Stock.

4. The RSUs vest in 48 equal monthly installments beginning October 1, 2022, subject to the Reporting Person's continuous service with the Issuer as of each vesting date. This grant has no expiration date.

5. RSUs vest in equal quarterly installments for a period of three years beginning December 1, 2025, the vesting commencement date, subject to the Reporting Person's continued employment with the Issuer as of each vesting date. This grant has no expiration date.

6. The RSUs vest in 16 equal quarterly installments beginning September 1, 2025, subject to the Reporting Person's continuous service with the Issuer as of each vesting date. This grant has no expiration date.

Remarks:

	/s/ Josh Samples, Attorney-in-Fact	03/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What insider transactions did AFRM President Libor Michalek report on March 1, 2026?

Libor Michalek reported RSU conversions into 11,362 shares of Affirm Class A common stock and a tax-related share withholding of 4,079 shares. These events reflect routine equity compensation activity rather than open-market buying or selling of shares.

How many Affirm (AFRM) shares does Libor Michalek hold directly after these Form 4 transactions?

After the reported transactions, Libor Michalek directly holds 214,280 shares of Affirm Class A common stock. This figure reflects RSU conversions and the withholding of 4,079 shares to satisfy tax obligations arising from the RSU settlement on March 1, 2026.

Were any of Libor Michalek’s AFRM shares sold on the open market in this Form 4?

No open-market sales are reported. The Form 4 shows a tax-withholding disposition of 4,079 shares, where shares were withheld at $46.98 per share to cover tax obligations from vested RSUs, rather than being sold as a discretionary market transaction.

What do the RSU transactions mean for Libor Michalek’s equity stake in Affirm (AFRM)?

The RSU transactions converted awards into 11,362 shares of Class A common stock, increasing his directly held stake before tax withholding. These RSUs vest over time under service-based schedules, aligning his compensation with continued employment at Affirm Holdings.

How are indirect holdings reported for Libor Michalek in this Affirm (AFRM) Form 4?

The filing shows indirect ownership of Affirm Class A common stock through the Michalek 2007 Family Trust. Libor Michalek and his spouse serve as trustees, and the position is reported as indirectly held, separate from his directly owned shares in the company.

How do the RSU vesting terms affect future equity for Affirm (AFRM) President Libor Michalek?

Footnotes state some RSU grants vest in monthly or quarterly installments over multi-year periods, contingent on continued service. As these RSUs vest, they can convert into additional shares of Class A common stock, further shaping his long-term equity exposure to Affirm.