Affirm CAO sells 26,980 shares at $72.19
Affirm’s Chief Accounting Officer sold 26,980 Class A shares at a weighted average of $72.19, retaining 188,711 shares afterward.
Rhea-AI Filing Summary
Affirm Holdings, Inc. (AFRM) reported that Chief Accounting Officer Siphelele Jiyane sold Class A Common Stock in an open-market transaction on September 14, 2026. The sale covered 26,980 shares at a weighted average price of $72.19 per share, within a range of $72.00 to $72.495 per share. After this transaction, Jiyane directly holds 188,711 shares of Affirm Class A Common Stock, and no Rule 10b5-1 trading plan is reported for this sale.
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Insights
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Insider Trade Summary
Net Seller: 26,980 shares
Net Sell
1 txn
Insider
Jiyane Siphelele
Role
Chief Accounting Officer
Sold
26,980 shs ($1.95M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1 | 26,980 | $72.19 | $1.95M |
Holdings After Transaction:
Class A Common Stock — 188,711 shares (Direct)
Footnotes (1)
- F1. Represents the weighted average sale price of the shares sold from $72.00 to $72.495 per share. The Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Key Figures
Shares sold: 26,980 shares
Weighted average sale price: $72.19 per share
Sale price range: $72.00–$72.495 per share
+1 more
4 metrics
Shares sold
26,980 shares
Class A Common Stock sold by Chief Accounting Officer on September 14, 2026
Weighted average sale price
$72.19 per share
Weighted average price for the 26,980 shares sold
Sale price range
$72.00–$72.495 per share
Range of individual sale prices within the reported transaction
Shares held after transaction
188,711 shares
Direct Class A Common Stock holdings of the Chief Accounting Officer after the sale
Key Terms
Class A Common Stock, weighted average sale price, Rule 10b5-1
3 terms
Class A Common Stock financial
"sold Class A Common Stock in an open-market transaction"
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.
weighted average sale price financial
"Represents the weighted average sale price of the shares sold"
Rule 10b5-1 regulatory
"no Rule 10b5-1 trading plan is reported for this sale"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did AFRM disclose for Chief Accounting Officer Siphelele Jiyane?
Affirm disclosed that Chief Accounting Officer Siphelele Jiyane sold 26,980 shares of Class A Common Stock on September 14, 2026 in an open-market transaction.
Was the AFRM insider sale by the Chief Accounting Officer under a Rule 10b5-1 plan?
No. The filing indicates that no Rule 10b5-1 trading plan is reported for this transaction; the document-level 10b5-1 checkbox is marked as false.
What type of security did the AFRM insider sell on September 14, 2026?
The transaction involved Class A Common Stock of Affirm Holdings, Inc., with 26,980 shares sold in an open-market or private transaction, as coded in the Form 4.
AI-generated analysis. How Rhea-AI works. Not financial advice.