Affirm CFO exercises RSUs, covers taxes with shares
Affirm Holdings, Inc. Chief Financial Officer Robert O'Hare reported a series of equity compensation transactions on Class A Common Stock on June 1, 2026.
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Form Type
4
Rhea-AI Filing Summary
Affirm Holdings, Inc. Chief Financial Officer Robert O'Hare reported a series of equity compensation transactions on Class A Common Stock on June 1, 2026. He exercised restricted stock units (RSUs), converting them into common shares, and had shares withheld to cover tax obligations.
O'Hare acquired 16,416 shares of Class A Common Stock through a derivative exercise and multiple RSU conversions, while 8,355 shares were disposed of at $72.91 per share to satisfy his tax liability. After these transactions, he held 18,479 shares of Class A Common Stock directly. The RSU footnotes describe ongoing vesting schedules tied to continued employment.
Insider Trade Summary
16,416 shares exercised/converted
Exercise
8 txns
Insider
O'Hare Robert
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,031 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 2,102 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 5,019 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 2,128 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 1,356 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 2,780 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 16,416 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 8,355 | $72.91 | $609K |
Holdings After Transaction:
Restricted Stock Units — 82,181 contracts (Direct);
Class A Common Stock — 18,479 shares (Direct)
Footnotes (8)
- 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 June 1, 2026.
- F2. Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- F3. The RSUs vested in equal monthly installments from August 1, 2022 until August 1, 2023. Beginning September 1, 2023, the RSUs vest in equal quarterly installments, subject to the Reporting Person's continued employment with the Issuer as of each vesting date. This grant has no expiration date.
- F4. The RSUs vested in equal monthly installments from October 1, 2022 until August 1, 2023. Beginning September 1, 2023, the RSUs vest in equal quarterly installments, subject to the Reporting Person's continued employment with the Issuer as of each vesting date. This grant has no expiration date.
- F5. The RSUs vest as to 25% of the shares on September 1, 2024 and the remainder vest in 12 equal quarterly installments over the subsequent three years, subject to the Reporting Person's continuous service with the Issuer as of each vesting date. This grant has no expiration date.
- F6. The RSUs vest as to 25% of the shares on September 1, 2025 and the remainder vest in 12 equal quarterly installments over the subsequent three years, subject to the Reporting Person's continuous service with the Issuer as of each vesting date. This grant has no expiration date.
- F7. The RSUs vest in equal quarterly installments for a period of four years beginning December 1, 2024, the vesting commencement date, subject to the Reporting Person's continued employment with the Issuer as of each vesting date.
- F8. The RSUs vest in equal quarterly installments for a period of three years beginning December 1, 2025, the vesting commencement date, subject to the Reporting Person's continued employment with the Issuer as of each vesting date.
Key Figures
Tax-withheld shares: 8,355 shares
Tax-withholding price: $72.91 per share
Shares acquired via exercise: 16,416 shares
+3 more
6 metrics
Tax-withheld shares
8,355 shares
Shares of Class A Common Stock withheld to satisfy tax obligation at $72.91 per share
Tax-withholding price
$72.91 per share
Value applied to 8,355 withheld shares of Class A Common Stock
Shares acquired via exercise
16,416 shares
Class A Common Stock acquired through derivative exercise coded M
Post-transaction holdings
18,479 shares
Directly owned Class A Common Stock following tax-withholding disposition
RSU conversion block
2,780 RSUs
Restricted Stock Units converted into 2,780 shares of Class A Common Stock
Additional RSU conversions
5,019 RSUs
Restricted Stock Units converted into 5,019 shares of Class A Common Stock
Key Terms
Restricted Stock Units, RSU, Class A Common Stock, tax obligation, +1 more
5 terms
Restricted Stock Units financial
"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"
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.
RSU financial
"Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of the Issuer's Class A Common Stock."
Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.
Class A Common Stock financial
"Each Restricted Stock Unit (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.
tax obligation financial
"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"
vesting financial
"The RSUs vested in equal monthly installments from August 1, 2022 until August 1, 2023. Beginning September 1, 2023, the RSUs vest in equal quarterly installments"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did AFRM CFO Robert O'Hare report on June 1, 2026?
CFO Robert O'Hare reported equity compensation-related transactions on June 1, 2026. He exercised restricted stock units into Class A Common Stock and had a portion of shares withheld to cover tax obligations, rather than conducting open-market purchases or sales.
How do Affirm (AFRM) CFO Robert O'Hare’s RSUs vest over time?
The RSU grants vest in monthly or quarterly installments over multi-year periods. Various awards vest from August 1, 2022 or October 1, 2022, with later grants vesting in quarterly tranches beginning on dates such as September 1, 2024 and September 1, 2025, subject to continued service.
Do the June 1, 2026 AFRM Form 4 transactions reflect an open-market sale by the CFO?
No, the Form 4 characterizes the disposition as tax-withholding, not an open-market sale. Shares were withheld by the issuer to satisfy Robert O'Hare’s tax liability related to vesting RSUs and associated settlements.
AI-generated analysis. How Rhea-AI works. Not financial advice.
