Affirm director shifts 60,445 shares in divorce

Affirm Holdings, Inc. director Christa S. Quarles reported several equity changes involving Class A and Class B common stock.

Rhea-AI Filing Summary

Affirm Holdings, Inc. director Christa S. Quarles reported several equity changes involving Class A and Class B common stock. On April 2, 2026, she converted 60,445 shares of Class B common stock into the same number of Class A shares in a derivative conversion at $0.00 per share. That same day, 60,445 Class A shares were transferred to her former spouse under a divorce settlement agreement for no consideration, and she no longer beneficially owns those transferred securities. After these and an additional 3,462-share other transaction on April 1, 2026, Quarles directly held 122,358 shares of Class A common stock.

Insider Trade Summary

60,445 shares exercised/converted

Exercise 4 txns

Insider Quarles Christa S

Role Director

Type	Security	Shares	Price	Value
Conversion	Class B Common Stock	60,445	$0.00	$0.00
Conversion	Class A Common Stock	60,445	$0.00	$0.00
Other	Class A Common Stock	60,445	$0.00	$0.00
Other	Class A Common Stock	3,462	$0.00	$0.00

Holdings After Transaction: Class B Common Stock — 60,445 contracts (Direct); Class A Common Stock — 122,358 shares (Direct)

Footnotes (2)

1. F1. Represents a transfer of shares to the reporting person's former spouse pursuant to a divorce settlement agreement. The transfer was for no consideration. The reporting person no longer beneficially owns the securities transferred.
2. F2. Each share of the Issuer's Class B common stock, par value $0.00001 per share ("Class B Common Stock"), is convertible at any time into one share of the Issuer's Class A common stock, par value $0.00001 per share. The Class B Common Stock has no expiration date.

Key Figures

Derivative conversion: 60,445 shares Divorce transfer: 60,445 shares Post-transaction holdings: 122,358 shares +1 more

4 metrics

Derivative conversion 60,445 shares Class B to Class A conversion on April 2, 2026 at $0.00

Divorce transfer 60,445 shares Class A shares transferred to former spouse for no consideration

Post-transaction holdings 122,358 shares Class A common stock held directly after transactions

Additional J-code transaction 3,462 shares Other acquisition or disposition on April 1, 2026

Key Terms

Class B Common Stock, Class A Common Stock, Derivative conversion, Other acquisition or disposition, +1 more

5 terms

Class B Common Stock financial

"Represents a transfer of shares to the reporting person's former spouse..."

A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.

Class A Common Stock financial

"Each share of the Issuer's Class B common stock... into 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.

Derivative conversion financial

"transaction_action": "derivative conversion""

Other acquisition or disposition financial

"transaction_code_description": "Other acquisition or disposition""

Divorce settlement agreement financial

"transfer of shares to the reporting person's former spouse pursuant to a divorce settlement agreement"

FAQ

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

What did Affirm (AFRM) director Christa Quarles report in this Form 4?

Director Christa S. Quarles reported equity changes involving Affirm common stock. She converted 60,445 Class B shares into Class A shares and completed restructuring transactions, including a transfer to her former spouse, ending with 122,358 Class A shares held directly.

How many Affirm (AFRM) shares did Christa Quarles convert and transfer?

She converted 60,445 shares of Class B common stock into 60,445 shares of Class A common stock. Those 60,445 Class A shares were then transferred to her former spouse pursuant to a divorce settlement agreement and for no consideration, ending her beneficial ownership of them.

What was the nature of the share transfer by Christa Quarles in AFRM stock?

The transfer of 60,445 Class A shares was made to her former spouse under a divorce settlement agreement. According to the disclosure, the transfer was for no consideration, and she no longer beneficially owns the securities that were transferred in that settlement.

How many Affirm (AFRM) shares does Christa Quarles hold after these transactions?

Following the reported transactions, Christa S. Quarles directly holds 122,358 shares of Affirm Class A common stock. This figure reflects the derivative conversion, the divorce-related transfer of 60,445 shares, and an additional 3,462-share other transaction disclosed in the Form 4.

Were Christa Quarles’ Affirm (AFRM) Form 4 transactions open-market buys or sells?

The transactions were not open-market buys or sells. They include a derivative conversion of 60,445 Class B shares into Class A shares and “other acquisition or disposition” entries, including a divorce settlement transfer completed for no consideration rather than a market trade.

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

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Accepted by SEC EDGAR 04/03/2026 - 04:11 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^*

Quarles Christa S

(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
	Officer (give title below)		Other (specify below)

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		J(1)		3,462	D	$0(1)	122,358	D
Class A Common Stock	04/02/2026		C		60,445	A	(2)	182,803	D
Class A Common Stock	04/02/2026		J(1)		60,445	D	$0(1)	122,358	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
Class B Common Stock	(2)	04/02/2026		C			60,445	(2)	(2)	Class A Common Stock	60,445	$0	60,445	D

Explanation of Responses:

1. Represents a transfer of shares to the reporting person's former spouse pursuant to a divorce settlement agreement. The transfer was for no consideration. The reporting person no longer beneficially owns the securities transferred.

2. Each share of the Issuer's Class B common stock, par value $0.00001 per share ("Class B Common Stock"), is convertible at any time into one share of the Issuer's Class A common stock, par value $0.00001 per share. The Class B Common Stock has no expiration date.

Remarks:

	/s/ Josh Samples, Attorney-in-Fact	04/03/2026
	** 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)