Affirm president’s RSUs vest; shares withheld for tax

Affirm Holdings president Libor Michalek reported routine equity compensation activity.

Rhea-AI Filing Summary

Affirm Holdings president Libor Michalek reported routine equity compensation activity. On April 1, 2026, restricted stock units converted into 2,335 shares of Class A Common Stock as part of a scheduled vesting.

Of these shares, 838 were withheld at $45.54 per share to cover tax obligations, leaving Michalek with 215,777 Class A shares held directly. An additional 868,114 Class A shares are held indirectly through the Michalek 2007 Family Trust, for which he and his spouse serve as trustees. The RSU grant vests in 48 equal monthly installments that began on October 1, 2022, contingent on continued service, and has no expiration date.

Insider Trade Summary

2,335 shares exercised/converted

Exercise 4 txns

Insider Michalek Libor

Role President

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	2,335	$0.00	$0.00
Exercise	Class A Common Stock	2,335	$0.00	$0.00
Exercise Price or Tax Liability	Class A Common Stock	838	$45.54	$38K
holding	Class A Common Stock	--	--	--

Holdings After Transaction: Restricted Stock Units — 11,680 contracts (Direct); Class A Common Stock — 215,777 shares (Direct); Class A Common Stock — 868,114 shares (Indirect, Michalek 2007 Trust dated March 21, 2007)

Footnotes (4)

1. F1. 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 April 1, 2026.
2. F2. 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. F3. Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of the Issuer's Class A Common Stock.
4. F4. 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.

Key Figures

RSUs vested and exercised: 2,335 shares Shares withheld for taxes: 838 shares Withholding price: $45.54 per share +3 more

6 metrics

RSUs vested and exercised 2,335 shares Restricted Stock Units converting to Class A Common Stock on April 1, 2026

Shares withheld for taxes 838 shares Class A Common Stock withheld at $45.54 per share to satisfy tax obligation

Withholding price $45.54 per share Value used for shares withheld to cover Michalek’s tax liability

Direct holdings after transaction 215,777 shares Class A Common Stock held directly following April 1, 2026 events

Indirect trust holdings 868,114 shares Class A Common Stock held via Michalek 2007 Family Trust

RSU vesting schedule 48 monthly installments Vesting began October 1, 2022, subject to continuous service

Key Terms

Restricted Stock Units, tax obligation, withheld, continuous service, +1 more

5 terms

Restricted Stock Units financial

"Restricted Stock Units converted into 2,335 shares of Class A Common Stock"

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.

tax obligation financial

"shares of Common Stock withheld to satisfy the Reporting Person's tax obligation"

withheld financial

"Represents the number of shares of the Issuer's Common Stock withheld to satisfy"

continuous service financial

"subject to the Reporting Person's continuous service with the Issuer as of each vesting date"

Family Trust financial

"The shares are held by the Michalek 2007 Family Trust dated March 21, 2007"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Affirm (AFRM) president Libor Michalek report?

Libor Michalek reported a routine equity compensation event where 2,335 restricted stock units vested into Class A Common Stock. As part of this vesting, some shares were converted and a portion was withheld to satisfy related tax obligations.

How many Affirm (AFRM) shares vested for Libor Michalek on April 1, 2026?

On April 1, 2026, 2,335 restricted stock units for Libor Michalek vested into an equal number of Class A Common Stock shares. Each RSU represents a contingent right to receive one share upon vesting under his compensation arrangement.

How many Affirm (AFRM) shares were withheld for Libor Michalek’s taxes?

To cover tax obligations from the RSU vesting, 838 shares of Affirm Class A Common Stock were withheld at $45.54 per share. This withholding is a non-market disposition used to satisfy income tax liabilities on the vested stock.

What are Libor Michalek’s direct Affirm (AFRM) share holdings after this Form 4?

After the April 1, 2026 transactions, Libor Michalek directly holds 215,777 shares of Affirm Class A Common Stock. This figure reflects the RSU conversion and the shares withheld for taxes related to the vesting event.

What indirect Affirm (AFRM) holdings are reported through the Michalek 2007 Family Trust?

The filing shows 868,114 Affirm Class A shares held indirectly through the Michalek 2007 Family Trust dated March 21, 2007. Libor Michalek and his spouse serve as trustees, giving the trust a substantial long-term ownership position in the company.

How do Libor Michalek’s Affirm (AFRM) RSUs vest over time?

The restricted stock units vest in 48 equal monthly installments beginning October 1, 2022. Each month, a portion converts into Class A Common Stock, provided Michalek maintains continuous service with Affirm on each scheduled vesting date.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 04/02/2026 - 05:24 PM Learn about SEC filing dates

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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 CALIFORNIA 94108

(City) (State) (Zip)

UNITED STATES

(Country)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

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

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

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

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	04/01/2026		M		2,335	A	$0	216,615	D
Class A Common Stock	04/01/2026		F		838(1)	D	$45.54	215,777	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)	04/01/2026		M			2,335	(4)	(4)	Class A Common Stock	2,335	$0	11,680	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 April 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.

Remarks:

	/s/ Josh Samples, Attorney-in-Fact	04/02/2026
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)