Director Ryan Schneider receives new RSU grants at Affirm (AFRM)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Schneider Ryan M. reported acquisition or exercise transactions in this Form 4 filing.
Affirm Holdings director Ryan M. Schneider reported receiving equity awards in the form of restricted stock units (RSUs). He was granted 3,100 RSUs that will vest in full on July 1, 2027, and a separate grant of 655 RSUs vesting in three annual installments beginning July 1, 2027. Each RSU represents a contingent right to receive one share of Affirm’s Class A Common Stock as the awards vest over time, reflecting stock-based compensation rather than open-market purchases.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Schneider Ryan M.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 655 | $0.00 | -- |
| Grant/Award | Class A Common Stock | 3,100 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 655 shares (Direct, null)
Footnotes (1)
- Grant of Restricted Stock Units (RSUs) under the Issuer's Amended and Restated 2012 Stock Plan. The RSUs will vest in full on July 1, 2027. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. Grant of RSUs under the Issuer's Amended and Restated 2012 Stock Plan. The RSUs vest in three annual installments beginning July 1, 2027.
Key Figures
RSU grant 1: 3,100 RSUs
RSU grant 2: 655 RSUs
Shares per RSU: 1 share Class A Common Stock
+2 more
5 metrics
RSU grant 1
3,100 RSUs
Vests in full on July 1, 2027 under Amended and Restated 2012 Stock Plan
RSU grant 2
655 RSUs
Vests in three annual installments beginning July 1, 2027
Shares per RSU
1 share Class A Common Stock
Each RSU represents a contingent right to one share upon vesting
Direct holdings after first grant line
3,755 shares
Total Class A Common Stock following the 3,100-share RSU grant entry
Direct holdings after second grant line
655 shares
Total Class A Common Stock reported following the 655-share RSU grant entry
Key Terms
Restricted Stock Units (RSUs), Amended and Restated 2012 Stock Plan, Class A Common Stock, vest
4 terms
Restricted Stock Units (RSUs) financial
"Grant of Restricted Stock Units (RSUs) under the Issuer's Amended and Restated 2012 Stock Plan."
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
Amended and Restated 2012 Stock Plan financial
"Grant of Restricted Stock Units (RSUs) under the Issuer's Amended and Restated 2012 Stock Plan."
Class A Common Stock financial
"Each RSU represents a contingent right to receive 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.
vest financial
"The RSUs will vest in full on July 1, 2027."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What insider transaction did Affirm (AFRM) disclose for Ryan M. Schneider?
Affirm disclosed that director Ryan M. Schneider received equity compensation grants. He was awarded 3,100 restricted stock units (RSUs) vesting July 1, 2027, and an additional 655 RSUs vesting in three annual installments beginning July 1, 2027, all tied to Class A Common Stock.
How many Affirm (AFRM) RSUs did Ryan M. Schneider receive in total?
Ryan M. Schneider received two RSU grants from Affirm. One grant covers 3,100 restricted stock units vesting in full on July 1, 2027. The second grant covers 655 RSUs that vest in three annual installments starting July 1, 2027, subject to continued service conditions.
What are the vesting terms of Ryan M. Schneider’s new Affirm (AFRM) RSUs?
Schneider’s RSUs have two distinct vesting schedules. The 3,100-unit grant vests entirely on July 1, 2027. The 655-unit grant vests in three annual installments beginning July 1, 2027, meaning portions become deliverable each year as the specified dates are reached.
Do Ryan M. Schneider’s Affirm (AFRM) RSU grants involve any purchase price?
The RSU grants do not involve a cash purchase price; they are compensation awards. Each restricted stock unit represents a contingent right to receive one share of Affirm’s Class A Common Stock if vesting conditions are met, instead of shares being bought in the open market.
What does each Affirm (AFRM) RSU granted to Ryan M. Schneider represent?
Each RSU granted to Schneider represents a contingent right to one share of Class A Common Stock. Shares are not issued immediately; they are delivered as the RSUs vest over time, aligning his compensation with Affirm’s stock performance and his continued service with the company.