Affirm president granted 67K RSUs in 2026
Affirm’s president received a 67,006-unit RSU award that vests quarterly over three years and now holds over one million Class A shares directly and via a family trust.
Rhea-AI Filing Summary
Affirm Holdings, Inc. (symbol: AFRM) is the issuer of record for a Form 4 filing submitted to the SEC. Michalek Libor reported acquisition or exercise transactions in this Form 4 filing.
Affirm Holdings, Inc. (AFRM) reported that President and director Libor Michalek received a grant of 67,006 Restricted Stock Units on September 16, 2026. Each RSU represents one share of Class A Common Stock and vests in equal quarterly installments over three years beginning December 1, 2026, subject to his continued employment.
After this grant, Michalek holds 67,006 RSUs, plus 230,477 Class A shares directly and 868,114 Class A shares indirectly through the Michalek 2007 Family Trust, where he and his spouse are trustees. No Rule 10b5-1 trading plan is reported.
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Insider Trade Summary
Grant/Award: 67,006 shares
Grant/Award
3 txns
Insider
Michalek Libor
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F2, F3 | 67,006 | $0.00 | $0.00 |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock F1 | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 67,006 contracts (Direct);
Class A Common Stock — 230,477 shares (Direct);
Class A Common Stock — 868,114 shares (Indirect, Michalek 2007 Trust dated March 21, 2007)
Footnotes (3)
- F1. 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.
- F2. Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- F3. RSUs vest in equal quarterly installments for a period of three years beginning December 1, 2026, the vesting commencement date, subject to the Reporting Person's continued employment with the Issuer as of each vesting date.
Key Figures
RSUs granted: 67,006 units
RSU vesting period: 3 years, quarterly
RSUs held after grant: 67,006 units
+3 more
6 metrics
RSUs granted
67,006 units
Restricted Stock Units granted on September 16, 2026
RSU vesting period
3 years, quarterly
Equal quarterly installments beginning December 1, 2026
RSUs held after grant
67,006 units
Total Restricted Stock Units following the September 16, 2026 grant
Direct Class A shares
230,477 shares
Direct holdings of Affirm Class A Common Stock after the reported transactions
Indirect Class A shares
868,114 shares
Indirect holdings via the Michalek 2007 Family Trust
Vesting commencement date
December 1, 2026
Start date for RSU vesting schedule
Key Terms
Restricted Stock Units, Class A Common Stock, vesting commencement date, indirect ownership
4 terms
Restricted Stock Units financial
"Each Restricted Stock Unit (RSU) represents a contingent right to receive"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Class A Common Stock financial
"one share of the Issuer's Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
vesting commencement date financial
"beginning December 1, 2026, the vesting commencement date, subject to"
The vesting commencement date is the starting point when an employee begins earning ownership rights to their promised benefits, such as stock options or retirement contributions. Think of it like the day a savings account is opened—only after this date do the benefits start to grow and become fully available over time. It matters to investors because it marks when the clock begins ticking toward full ownership, affecting the timing and value of these benefits.
indirect ownership financial
"The shares are held by the Michalek 2007 Family Trust dated"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity award did Affirm (AFRM) president Libor Michalek receive on September 16, 2026?
He received a grant of 67,006 Restricted Stock Units on September 16, 2026. Each RSU represents a contingent right to receive one share of Affirm’s Class A Common Stock, subject to vesting conditions.
How do Libor Michalek’s new RSUs in AFRM vest?
The 67,006 RSUs vest in equal quarterly installments over a period of three years, beginning on December 1, 2026, the vesting commencement date, and are subject to his continued employment with Affirm as of each vesting date.
What indirect holdings of AFRM stock does Libor Michalek report?
He reports 868,114 shares of Affirm Class A Common Stock held indirectly by the Michalek 2007 Family Trust. He and his spouse serve as trustees of this family trust.
Is Libor Michalek’s September 2026 RSU grant under a Rule 10b5-1 plan?
No. The filing’s Rule 10b5-1 checkbox is not affirmed, and there is no footnote indicating that the September 16, 2026 RSU grant was made under a Rule 10b5-1 trading plan.
What is the total number of RSUs Libor Michalek holds in AFRM after this grant?
After the September 16, 2026 grant, he holds 67,006 Restricted Stock Units representing Affirm Class A Common Stock, according to the reported derivative holdings.
AI-generated analysis. How Rhea-AI works. Not financial advice.
