Affirm (AFRM) CAO reports RSU vesting and 4,546-share tax withholding

Rhea-AI Filing Summary

Affirm Holdings, Inc. Chief Accounting Officer Jiyane Siphelele reported compensation-related share activity tied to restricted stock units on June 1, 2026. Siphelele acquired 11,547 shares of Class A Common Stock through the settlement of vested restricted stock units, with 4,546 shares withheld at a price of $72.91 per share to cover tax obligations rather than sold in the open market. Each restricted stock unit represents a right to receive one share of Class A Common Stock, and the various RSU grants vest in equal quarterly installments over one- to three-year periods beginning on dates between September 1, 2023 and September 1, 2025, subject to continued employment. The filing also notes 361 shares previously purchased through the company’s employee stock purchase plan, underscoring that the reported transactions are primarily routine equity compensation and tax withholding events.

Insider Trade Summary

11,547 shares exercised/converted

Mixed 8 txns

Insider Jiyane Siphelele

Role Chief Accounting Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	1,667	$0.00	--
Exercise	Restricted Stock Units	2,083	$0.00	--
Exercise	Restricted Stock Units	3,334	$0.00	--
Exercise	Restricted Stock Units	2,500	$0.00	--
Exercise	Restricted Stock Units	842	$0.00	--
Exercise	Restricted Stock Units	1,121	$0.00	--
Exercise	Class A Common Stock	11,547	$0.00	--
Tax Withholding	Class A Common Stock	4,546	$72.91	$331K

Holdings After Transaction: Restricted Stock Units — 0 shares (Direct, null); Class A Common Stock — 239,757 shares (Direct, null)

Footnotes (1)

1. Includes 361 shares of common stock purchased in an exempt transaction under the issuer's employee stock purchase plan. 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 June 1, 2026. Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of the Issuer's Class A Common Stock. The RSUs vest in equal quarterly installments for a period of three years beginning September 1, 2023, subject to the Reporting Person's continued employment with the Issuer as of each vesting date. This grant has no expiration date. The RSUs vest in equal quarterly installments for a period of three years beginning March 1, 2024, subject to the Reporting Person's continued employment with the Issuer as of each vesting date. This grant has no expiration date. The RSUs vest in equal quarterly installments for a period of three years beginning June 1, 2024, subject to the Reporting Person's continued employment with the Issuer as of each vesting date. This grant has no expiration date. The RSUs vest in equal quarterly installments for a period of three years beginning September 1, 2024, subject to the Reporting Person's continued employment with the Issuer as of each vesting date. This grant has no expiration date. The RSUs vest in equal quarterly installments for a period of one year beginning September 1, 2025, subject to the Reporting Person's continued employment with the Issuer as of each vesting date. This grant has no expiration date. The RSUs vest in equal quarterly installments for a period of three years beginning September 1, 2025, subject to the Reporting Person's continued employment with the Issuer as of each vesting date. This grant has no expiration date.

Key Figures

Tax-withholding shares: 4,546 shares at $72.91 Shares from RSU settlement: 11,547 shares ESPP purchase: 361 shares +2 more

5 metrics

Tax-withholding shares 4,546 shares at $72.91 Shares of Class A Common Stock withheld to satisfy tax obligation on June 1, 2026

Shares from RSU settlement 11,547 shares Class A Common Stock acquired through exercise/settlement of restricted stock units on June 1, 2026

ESPP purchase 361 shares Common stock purchased in an exempt transaction under Affirm’s employee stock purchase plan

Three-year RSU vesting schedules 3-year quarterly vesting RSUs vest quarterly over three years beginning on Sept 1, 2023; Mar 1, 2024; Jun 1, 2024; and Sept 1, 2025

One-year RSU vesting schedule 1-year quarterly vesting One RSU grant vests in equal quarterly installments over one year beginning Sept 1, 2025

Key Terms

Restricted Stock Unit (RSU), employee stock purchase plan, tax obligation, vest in equal quarterly installments, +1 more

5 terms

Restricted Stock Unit (RSU) financial

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

A restricted stock unit (RSU) is a promise from a company to give an employee company shares (or cash equal to their value) at a future date if certain conditions are met, such as staying with the company or hitting performance targets. For investors, RSUs matter because when they convert into actual shares they increase the number of shares available and can create selling pressure as employees cash out—think of them as a future paycheck paid in company stock.

employee stock purchase plan financial

"Includes 361 shares of common stock purchased in an exempt transaction under the issuer's employee stock purchase plan."

An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.

tax obligation financial

"shares of the Issuer's Common Stock withheld to satisfy the Reporting Person's tax obligation in connection with the settlement of shares"

vest in equal quarterly installments financial

"The RSUs vest in equal quarterly installments for a period of three years beginning September 1, 2023"

contingent right financial

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

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Form 4 Insider Transactions: What Each Field Means →

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^*

Jiyane Siphelele

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026

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	06/01/2026		M		11,547	A	$0	239,757(1)	D
Class A Common Stock	06/01/2026		F		4,546(2)	D	$72.91	235,211	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	(3)	06/01/2026		M			1,667	(4)	(4)	Class A Common Stock	1,667	$0	0	D
Restricted Stock Units	(3)	06/01/2026		M			2,083	(5)	(5)	Class A Common Stock	2,083	$0	4,167	D
Restricted Stock Units	(3)	06/01/2026		M			3,334	(6)	(6)	Class A Common Stock	3,334	$0	10,000	D
Restricted Stock Units	(3)	06/01/2026		M			2,500	(7)	(7)	Class A Common Stock	2,500	$0	10,000	D
Restricted Stock Units	(3)	06/01/2026		M			842	(8)	(8)	Class A Common Stock	842	$0	0	D
Restricted Stock Units	(3)	06/01/2026		M			1,121	(9)	(9)	Class A Common Stock	1,121	$0	8,975	D

Explanation of Responses:

1. Includes 361 shares of common stock purchased in an exempt transaction under the issuer's employee stock purchase plan.

2. 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 June 1, 2026.

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 equal quarterly installments for a period of three years beginning September 1, 2023, subject to the Reporting Person's continued employment with the Issuer as of each vesting date. This grant has no expiration date.

5. The RSUs vest in equal quarterly installments for a period of three years beginning March 1, 2024, subject to the Reporting Person's continued employment with the Issuer as of each vesting date. This grant has no expiration date.

6. The RSUs vest in equal quarterly installments for a period of three years beginning June 1, 2024, subject to the Reporting Person's continued employment with the Issuer as of each vesting date. This grant has no expiration date.

7. The RSUs vest in equal quarterly installments for a period of three years beginning September 1, 2024, subject to the Reporting Person's continued employment with the Issuer as of each vesting date. This grant has no expiration date.

8. The RSUs vest in equal quarterly installments for a period of one year beginning September 1, 2025, subject to the Reporting Person's continued employment with the Issuer as of each vesting date. This grant has no expiration date.

9. The RSUs vest in equal quarterly installments for a period of three years beginning September 1, 2025, subject to the Reporting Person's continued employment with the Issuer as of each vesting date. This grant has no expiration date.

Remarks:

	/s/ Josh Samples, Attorney-in-Fact	06/03/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Affirm (AFRM) Chief Accounting Officer Jiyane Siphelele report in this Form 4?

Jiyane Siphelele reported equity compensation activity, not an open-market trade. Restricted stock units vested into 11,547 Class A shares on June 1, 2026, and some of those shares were withheld to cover associated tax obligations.

How many Affirm (AFRM) shares were withheld for taxes in Jiyane Siphelele’s Form 4?

The filing shows 4,546 shares of Affirm Class A Common Stock withheld at $72.91 per share. These shares were used to satisfy Siphelele’s tax obligation related to vested restricted stock units, rather than being sold on the open market.

Did Jiyane Siphelele buy or sell Affirm (AFRM) shares on the open market in this Form 4?

No open-market purchases or sales are reported. The transactions consist of restricted stock units converting into Class A shares and a tax-withholding disposition, where 4,546 shares were withheld by Affirm to cover taxes instead of being sold to third-party buyers.

How do Jiyane Siphelele’s restricted stock units in Affirm (AFRM) vest over time?

Each restricted stock unit equals one Class A share and vests in equal quarterly installments. Different grants begin vesting on September 1, 2023, March 1, 2024, June 1, 2024, September 1, 2024, and September 1, 2025, contingent on continued employment with Affirm.

What is the significance of the $72.91 price in Affirm (AFRM) CAO Jiyane Siphelele’s Form 4?

The $72.91 figure is the share price used for the tax-withholding transaction. Affirm withheld 4,546 shares of Class A Common Stock at $72.91 each to satisfy Siphelele’s tax liability triggered by the vesting and settlement of restricted stock units.

What does the Form 4 say about Jiyane Siphelele’s prior Affirm (AFRM) share purchases?

A footnote explains that holdings include 361 Affirm common shares bought through an exempt employee stock purchase plan transaction. This highlights that some of Siphelele’s position comes from regular payroll-based investing rather than discretionary open-market trading.