Affirm (NASDAQ: AFRM) CLO Adkins settles RSUs, withholds shares for taxes

Rhea-AI Filing Summary

Affirm Holdings, Inc. Chief Legal Officer Katherine Adkins reported routine equity compensation activity. On February 1, 2026, 1,401 Restricted Stock Units settled into 1,401 shares of Class A Common Stock at an exercise price of $0.

To cover taxes on this vesting, 648 shares of Class A Common Stock were withheld at a price of $60.3 per share. After these transactions, Adkins directly holds 131,977 shares of Class A Common Stock and 9,811 RSUs, which vest in 48 equal monthly installments beginning October 1, 2022, with no expiration date.

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^*

Adkins Katherine

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
02/01/2026

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	02/01/2026		M		1,401	A	$0	132,625	D
Class A Common Stock	02/01/2026		F		648(1)	D	$60.3	131,977	D

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	(2)	02/01/2026		M			1,401	(3)	(3)	Class A Common Stock	1,401	$0	9,811	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 February 1, 2026.

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

3. 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	02/03/2026
	** 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).
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.

FAQ

What insider transaction did AFRM Chief Legal Officer Katherine Adkins report?

Katherine Adkins reported settlement of 1,401 Restricted Stock Units into 1,401 shares of Affirm Class A Common Stock. The transaction occurred on February 1, 2026, as part of her equity compensation, with a reported exercise price of $0 per share for the RSUs.

How many AFRM shares were withheld for taxes in Katherine Adkins’ Form 4?

The company withheld 648 shares of Affirm Class A Common Stock to satisfy Katherine Adkins’ tax obligation. These shares were withheld in connection with the RSU vesting and settlement on February 1, 2026, at a reported price of $60.3 per share.

How many AFRM shares and RSUs does Katherine Adkins own after this transaction?

Following the reported transactions, Katherine Adkins directly owns 131,977 shares of Affirm Class A Common Stock. She also holds 9,811 Restricted Stock Units, each representing a contingent right to receive one share of Affirm’s Class A Common Stock in the future.

What is the vesting schedule for Katherine Adkins’ AFRM Restricted Stock Units?

The Restricted Stock Units vest in 48 equal monthly installments beginning October 1, 2022. Vesting is conditioned on Katherine Adkins’ continuous service with Affirm as of each vesting date, and this RSU grant has no expiration date according to the disclosure.

What do the transaction codes M and F mean in Katherine Adkins’ AFRM Form 4?

Code M reflects the settlement of 1,401 Restricted Stock Units into the same number of Class A Common shares at $0. Code F reflects the withholding of 648 shares of Class A Common Stock to satisfy Katherine Adkins’ tax obligations related to that RSU settlement.

What role does Katherine Adkins hold at Affirm Holdings, Inc. in this Form 4?

Katherine Adkins is identified as an officer of Affirm Holdings, Inc., serving as Chief Legal Officer. She is not listed as a director or 10% owner in the filing, and the Form 4 is filed by her as a single reporting person.