STOCK TITAN
  1. Home
  2. Sec-filings
  3. AFRM
  4. [Form 4] Affirm Holdings, Inc. Insider Trading Activity

Director Christa Quarles receives 655 RSUs at Affirm (NASDAQ: AFRM)

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Quarles Christa S reported acquisition or exercise transactions in this Form 4 filing.

Affirm Holdings director Christa S. Quarles received a grant of 655 Restricted Stock Units (RSUs) of Class A Common Stock on July 1, 2026, as compensation. The award was made at a price of $0.00 per share under Affirm’s Amended and Restated 2012 Stock Plan.

The RSUs will vest in full on July 1, 2027, and each RSU represents a right to receive one share of Class A Common Stock when it vests. After this grant, Quarles directly holds 69,316 shares of Class A Common Stock and also holds Class B Common Stock convertible into 60,445 shares of Class A Common Stock, giving her a meaningful equity stake aligned with shareholders.

Positive

  • None.

Negative

  • None.
Insider Quarles Christa S
Role null
Type Security Shares Price Value
Grant/Award Class A Common Stock 655 $0.00 --
holding Class B Common Stock -- -- --
Holdings After Transaction: Class A Common Stock — 69,316 shares (Direct, null); Class B Common Stock — 60,445 shares (Direct, null)
Footnotes (1)
  1. Grant of Restricted Stock Units (RSUs) under the Issuer's Amended and Restated 2012 Stock Plan. The RSUs will vest in full on July 1, 2027. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. 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.
RSUs granted 655 RSUs Grant of Restricted Stock Units on July 1, 2026
RSU vesting date July 1, 2027 RSUs vest in full on this date
Class A holdings after grant 69,316 shares Total Class A Common Stock directly held after transaction
Convertible Class B underlying shares 60,445 shares Class B Common Stock convertible into Class A Common Stock
RSU grant price $0.00 per share Equity compensation, not an open-market purchase
Class B exercise price $0.00 Conversion price for Class B into Class A Common Stock
Restricted Stock Units (RSUs) financial
"Grant of Restricted Stock Units (RSUs) under the Issuer's Amended and Restated 2012 Stock Plan."
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
Amended and Restated 2012 Stock Plan financial
"Grant of Restricted Stock Units (RSUs) under the Issuer's Amended and Restated 2012 Stock Plan."
Class B Common Stock financial
"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."
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 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.
contingent right financial
"Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock."
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Class A Common Stock07/01/2026A655(1)A$0(2)69,316D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Class B Common Stock(3) (3) (3)Class A Common Stock60,44560,445D
Explanation of Responses:
1. Grant of Restricted Stock Units (RSUs) under the Issuer's Amended and Restated 2012 Stock Plan. The RSUs will vest in full on July 1, 2027.
2. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
3. 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-Fact07/06/2026
** Signature of Reporting PersonDate
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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Affirm (AFRM) disclose for Christa S. Quarles?

Affirm disclosed that director Christa S. Quarles received a grant of 655 RSUs of Class A Common Stock. The award is compensation, not an open-market purchase or sale, and increases her direct equity stake in Affirm.

When do Christa S. Quarles’ new Affirm (AFRM) RSUs vest?

The 655 RSUs granted to Christa S. Quarles will vest in full on July 1, 2027. Once vested, each RSU converts into one share of Affirm’s Class A Common Stock, delivering additional stock-based compensation at that time.

How many Affirm (AFRM) Class A shares does Christa S. Quarles hold after this Form 4?

After the RSU grant, Christa S. Quarles directly holds 69,316 shares of Class A Common Stock. This total includes the impact of the new award as reported in the Form 4 insider filing for Affirm.

What does each RSU in the Affirm (AFRM) grant to Christa S. Quarles represent?

Each RSU in this grant represents a contingent right to receive one share of Affirm’s Class A Common Stock. The shares are delivered only when the RSUs vest on July 1, 2027, according to the plan terms.

What is the role of Affirm’s Amended and Restated 2012 Stock Plan in this Form 4?

The 655 RSUs granted to Christa S. Quarles were issued under Affirm’s Amended and Restated 2012 Stock Plan. This plan governs how Affirm provides equity-based compensation like RSUs to directors, aligning their interests with shareholders.

What is the significance of Christa S. Quarles’ Class B Common Stock in Affirm (AFRM)?

Quarles holds Class B Common Stock that is convertible 1-for-1 into 60,445 Class A shares. The Class B shares have no expiration date, providing long-term potential to convert into publicly traded Class A Common Stock.