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Affirm CAO settles RSUs, withholds 3,558 shares

Affirm’s chief accounting officer had RSUs vest into 9,038 shares, with 3,558 shares withheld for taxes at $69.94 per share.

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

Rhea-AI Filing Summary

Affirm Holdings, Inc. (AFRM) reported that Chief Accounting Officer Siphelele Jiyane settled vested restricted stock units on September 1, 2026. Four tranches of RSUs were exercised into a total of 9,038 shares of Class A Common Stock, and 3,558 shares were withheld to satisfy tax obligations at $69.94 per share. The RSUs vest in equal quarterly installments over three-year periods beginning March 1, 2024; June 1, 2024; September 1, 2024; and September 1, 2025, subject to continued employment. No Rule 10b5-1 trading plan is reported.

Positive

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Negative

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Insider Jiyane Siphelele
Role Chief Accounting Officer
Type Security Shares Price Value
Exercise Restricted Stock Units F2, F3 2,083 $0.00 $0.00
Exercise Restricted Stock Units F2, F4 3,333 $0.00 $0.00
Exercise Restricted Stock Units F2, F5 2,500 $0.00 $0.00
Exercise Restricted Stock Units F2, F6 1,122 $0.00 $0.00
Exercise Class A Common Stock 9,038 $0.00 $0.00
Tax Withholding Class A Common Stock F1 3,558 $69.94 $249K
Holdings After Transaction: Restricted Stock Units — 24,104 contracts (Direct); Class A Common Stock — 240,691 shares (Direct)
Footnotes (6)
  1. 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 September 1, 2026.
  2. F2. Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of the Issuer's Class A Common Stock.
  3. F3. 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.
  4. F4. RSUs vest in equal quarterly installments for a period of three years beginning June 1, 2024, the vesting commencement date, subject to the Reporting Person's continued employment with the Issuer as of each vesting date.
  5. F5. RSUs vest in equal quarterly installments for a period of three years beginning September 1, 2024, the vesting commencement date, subject to the Reporting Person's continued employment with the Issuer as of each vesting date.
  6. F6. RSUs vest in equal quarterly installments for a period of three years beginning September 1, 2025, the vesting commencement date, subject to the Reporting Person's continued employment with the Issuer as of each vesting date.
Shares from RSU settlement 9,038 shares Class A Common Stock received upon RSU settlement on September 1, 2026
Shares withheld for taxes 3,558 shares Shares of Class A Common Stock withheld to satisfy tax obligations on September 1, 2026
Tax withholding share value $69.94 per share Value used for shares withheld to satisfy tax obligations
RSU vesting period 3 years RSUs vest in equal quarterly installments over three-year periods
First vesting commencement date March 1, 2024 Start date for one RSU grant’s quarterly vesting schedule
Additional vesting commencement dates June 1, 2024; September 1, 2024; September 1, 2025 Start dates for the other RSU grants’ quarterly vesting schedules
Restricted Stock Unit financial
"Each Restricted Stock Unit (RSU) represents a contingent right to receive one share"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Class A Common Stock financial
"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.
withheld to satisfy the Reporting Person's tax obligation financial
"shares of the Issuer's Common Stock withheld to satisfy the Reporting Person's tax obligation"
vesting commencement date financial
"three years beginning June 1, 2024, the vesting commencement date"
The vesting commencement date is the starting point when an employee begins earning ownership rights to their promised benefits, such as stock options or retirement contributions. Think of it like the day a savings account is opened—only after this date do the benefits start to grow and become fully available over time. It matters to investors because it marks when the clock begins ticking toward full ownership, affecting the timing and value of these benefits.

FAQ

What insider equity transaction did AFRM’s Chief Accounting Officer report on September 1, 2026?
Affirm’s Chief Accounting Officer, Siphelele Jiyane, reported RSU vesting that was exercised into 9,038 shares of Class A Common Stock on September 1, 2026, with a portion of those shares withheld to cover tax obligations.

How many AFRM shares were withheld for taxes in the September 1, 2026 transaction?
In connection with the September 1, 2026 RSU settlement, 3,558 shares of Affirm Class A Common Stock were withheld to satisfy the reporting person’s tax obligation, at a per-share value of $69.94.

How many AFRM shares did RSUs convert into for the officer on September 1, 2026?
On September 1, 2026, vested restricted stock units converted into 9,038 shares of Affirm Class A Common Stock for the Chief Accounting Officer, before any shares were withheld for tax obligations.

What are the vesting schedules of the RSUs reported in this AFRM Form 4?
The RSUs vest in equal quarterly installments over three years, beginning on March 1, 2024, June 1, 2024, September 1, 2024, and September 1, 2025, in each case subject to the officer’s continued employment with Affirm on each vesting date.

Were the AFRM insider transactions reported under a Rule 10b5-1 trading plan?
No. The filing indicates that no Rule 10b5-1 trading plan was affirmed for these transactions; they are not reported as being made pursuant to such a pre-arranged trading plan.

What type of securities were involved in the AFRM Form 4 transactions?
The transactions involved Restricted Stock Units (RSUs), each representing a contingent right to receive one share of Affirm’s Class A Common Stock, which were settled into shares, and a portion of those shares was withheld for taxes.

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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*
Jiyane Siphelele
(Last)(First)(Middle)
C/O AFFIRM HOLDINGS, INC.
221 MAIN ST., FLOOR 6
(Street)
SAN FRANCISCO CALIFORNIA 94105
(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Accounting Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/01/2026		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 Stock09/01/2026M9,038A$0244,249D
Class A Common Stock09/01/2026F3,558(1)D$69.94240,691D
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
Restricted Stock Units(2)09/01/2026M2,083 (3) (3)Class A Common Stock2,083$02,084D
Restricted Stock Units(2)09/01/2026M3,333 (4) (4)Class A Common Stock3,333$06,667D
Restricted Stock Units(2)09/01/2026M2,500 (5) (5)Class A Common Stock2,500$07,500D
Restricted Stock Units(2)09/01/2026M1,122 (6) (6)Class A Common Stock1,122$07,853D
Explanation of Responses:
1. 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 September 1, 2026.
2. Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of the Issuer's Class A Common Stock.
3. 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.
4. RSUs vest in equal quarterly installments for a period of three years beginning June 1, 2024, the vesting commencement date, subject to the Reporting Person's continued employment with the Issuer as of each vesting date.
5. RSUs vest in equal quarterly installments for a period of three years beginning September 1, 2024, the vesting commencement date, subject to the Reporting Person's continued employment with the Issuer as of each vesting date.
6. RSUs vest in equal quarterly installments for a period of three years beginning September 1, 2025, the vesting commencement date, subject to the Reporting Person's continued employment with the Issuer as of each vesting date.
Remarks:
/s/ Josh Samples, Attorney-in-Fact09/03/2026
** 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