Affirm (NASDAQ: AFRM) director awarded 655 RSUs vesting July 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Liew Jeremy reported acquisition or exercise transactions in this Form 4 filing.
Affirm Holdings director Jeremy Liew received a grant of 655 Restricted Stock Units (RSUs) of Class A Common Stock at no cost. Each RSU represents one share and will vest in full on July 1, 2027. After this award, Liew directly holds 316,632 shares of Affirm Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Liew Jeremy
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 655 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 316,632 shares (Direct, null)
Footnotes (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.
Key Figures
RSU grant size: 655 shares
Grant price per share: $0.00 per share
Vesting date: July 1, 2027
+2 more
5 metrics
RSU grant size
655 shares
Restricted Stock Units awarded to director Jeremy Liew
Grant price per share
$0.00 per share
Equity compensation, not an open-market purchase
Vesting date
July 1, 2027
RSUs vest in full on this date
Shares owned after grant
316,632 shares
Total direct Class A Common Stock held after transaction
Security type
Class A Common Stock
Underlying shares deliverable upon RSU vesting
Key Terms
Restricted Stock Units (RSUs), Amended and Restated 2012 Stock Plan, Class A Common Stock, contingent right
4 terms
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 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."
FAQ
What did Affirm (AFRM) director Jeremy Liew receive in this Form 4 filing?
Jeremy Liew received a grant of 655 Restricted Stock Units (RSUs) of Affirm Class A Common Stock at a price of $0.00 per share, representing equity-based compensation under the company’s Amended and Restated 2012 Stock Plan.
When do Jeremy Liew’s new Affirm (AFRM) RSUs vest?
The 655 RSUs granted to Jeremy Liew will vest in full on July 1, 2027. Vesting means he becomes entitled to receive one share of Affirm Class A Common Stock for each RSU on that date, assuming applicable conditions are satisfied.
Is Jeremy Liew’s Affirm (AFRM) RSU grant an open-market purchase or sale?
No, the transaction is a grant or award acquisition, not an open-market trade. The Form 4 uses transaction code “A,” indicating equity compensation, with a transaction price of $0.00 per share rather than a market purchase or sale.
What plan governs Jeremy Liew’s new Affirm (AFRM) RSU award?
The RSU grant was issued under Affirm’s Amended and Restated 2012 Stock Plan. This plan authorizes equity-based awards like RSUs to directors and other participants, aligning their compensation with the company’s long-term stock performance.