Affirm president Libor Michalek reports RSU vesting
Affirm Holdings, Inc. reported that president and director Libor Michalek had 2,335 Restricted Stock Units vest on August 1, 2026, converting into the same number of Class A Common shares.
Rhea-AI Filing Summary
Affirm Holdings, Inc. reported that president and director Libor Michalek had 2,335 Restricted Stock Units vest on August 1, 2026, converting into the same number of Class A Common shares. Of these, 1,189 shares were withheld at $71.51 per share to satisfy tax obligations. After these transactions, 868,114 Class A shares are held indirectly through the Michalek 2007 Family Trust, and 2,338 RSUs from this grant remain outstanding.
Positive
- None.
Negative
- None.
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 F3, F4 | 2,335 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 2,335 | $0.00 | $0.00 |
| Tax Withholding | Class A Common Stock F1 | 1,189 | $71.51 | $85K |
| holding | Class A Common Stock F2 | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 2,338 contracts (Direct);
Class A Common Stock — 224,897 shares (Direct);
Class A Common Stock — 868,114 shares (Indirect, Michalek 2007 Trust dated March 21, 2007)
Footnotes (4)
- 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 August 1, 2026.
- 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.
- F3. Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- 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 converted into Class A Common Stock: 2335.0000 shares
Shares withheld for tax obligations: 1189.0000 shares
Tax withholding price per share: 71.5100 per share
+3 more
6 metrics
RSUs converted into Class A Common Stock
2335.0000 shares
Restricted Stock Units vested and converted on August 1, 2026
Shares withheld for tax obligations
1189.0000 shares
Shares withheld at vesting to satisfy tax liability
Tax withholding price per share
71.5100 per share
Value used for shares withheld to pay taxes
Indirectly held Class A shares via trust
868114.0000 shares
Class A Common Stock held by the Michalek 2007 Family Trust
Remaining RSUs from this grant
2338.0000 RSUs
Total RSUs reported following the August 1, 2026 vesting
RSU vesting schedule
48 monthly installments
RSUs vest in 48 equal monthly installments beginning October 1, 2022
Key Terms
Restricted Stock Unit (RSU), withheld to satisfy the Reporting Person's tax obligation, Michalek 2007 Family Trust, vest in 48 equal monthly installments
4 terms
Restricted Stock Unit (RSU) financial
"Each Restricted Stock Unit (RSU) represents a contingent right to receive one share"
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.
withheld to satisfy the Reporting Person's tax obligation financial
"Represents the number of shares of the Issuer's Common Stock withheld to satisfy the Reporting Person's tax obligation"
Michalek 2007 Family Trust financial
"The shares are held by the Michalek 2007 Family Trust dated March 21, 2007."
vest in 48 equal monthly installments financial
"The RSUs vest in 48 equal monthly installments beginning October 1, 2022"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider equity event did Affirm (AFRM) president Libor Michalek report?
Libor Michalek reported the vesting of 2,335 Restricted Stock Units, which converted into the same number of Class A Common shares on August 1, 2026. This RSU vesting reflects routine equity compensation for his service as president and director.
What RSU vesting schedule applies to Libor Michalek’s Affirm (AFRM) award?
The RSU grant vests in 48 equal monthly installments beginning on October 1, 2022, subject to his continuous service. The disclosure also notes that this RSU grant has no expiration date, emphasizing its ongoing monthly vesting structure.
How many Restricted Stock Units remain for Libor Michalek after this Affirm (AFRM) vesting?
Following the August 1, 2026 vesting of 2,335 RSUs, the report shows 2,338 RSUs remaining under this award. Each RSU represents a contingent right to receive one share of Affirm’s Class A Common Stock.
Were Libor Michalek’s Affirm (AFRM) transactions reported as part of a Rule 10b5-1 plan?
The filing’s Rule 10b5-1 checkbox is not marked as affirmative, and the footnotes do not reference any trading plan. The reported activity centers on RSU vesting and tax withholding rather than open-market purchases or sales.
AI-generated analysis. How Rhea-AI works. Not financial advice.
