Affirm Holdings, Inc. SEC Filings

Affirm Holdings, Inc. entered into an Amended Credit Agreement that expands its unsecured revolving credit facility and refreshes its board. The aggregate commitment increased from $330 million to $675 million, and the maturity was extended to June 18, 2029, subject to a springing maturity tied to its 0% convertible notes due 2026. Borrowings will bear interest at either a SOFR-based rate plus a 1.50% margin or a base rate plus a 0.50% margin, with a 0.15% commitment fee on unused commitments, and are guaranteed by the company and certain subsidiaries. The facility includes leverage and tangible net worth covenants, as well as performance triggers based on credit metrics. Affirm also appointed Ryan Schneider as a Class III director effective July 1, 2026, adding him to the Audit and Nominating and Governance Committees, with compensation consisting of RSU grants valued at $260,000 each and a $55,000 annual cash retainer.

Affirm Holdings, Inc. Chief Operating Officer Michael Linford reported routine equity compensation activity involving vested restricted stock units on Class A Common Stock. On June 1, 2026, RSU vesting led to the acquisition of 11,717 shares, while 4,666 shares were withheld at a price of $72.91 to cover tax obligations.

Following these transactions, Linford directly held 117,984 shares of Class A Common Stock. Footnotes explain that each RSU converts into one share and describe multi-year vesting schedules, with installments vesting monthly or quarterly as long as he remains in continuous service with the company.

Affirm Holdings, Inc. Chief Financial Officer Robert O'Hare reported a series of equity compensation transactions on Class A Common Stock on June 1, 2026. He exercised restricted stock units (RSUs), converting them into common shares, and had shares withheld to cover tax obligations.

O'Hare acquired 16,416 shares of Class A Common Stock through a derivative exercise and multiple RSU conversions, while 8,355 shares were disposed of at $72.91 per share to satisfy his tax liability. After these transactions, he held 18,479 shares of Class A Common Stock directly. The RSU footnotes describe ongoing vesting schedules tied to continued employment.

Affirm Holdings President Libor Michalek reported routine equity compensation activity involving Class A Common Stock and restricted stock units (RSUs). On June 1, 2026, he exercised RSUs to acquire 11,363 shares of Class A Common Stock, at a stated price of $0.00 per share.

To cover related tax obligations on vested RSU shares, 5,783 shares were withheld at $72.91 per share, a non‑market, tax‑withholding disposition rather than an open‑market sale. Following these transactions, Michalek holds 222,604 Class A shares directly and 868,114 Class A shares indirectly through the Michalek 2007 Family Trust, and continues to hold multiple RSU awards that vest over time subject to continued service.

Affirm Holdings, Inc. Chief Legal Officer Katherine Adkins reported routine equity compensation activity involving restricted stock units and related tax withholding. On June 1, 2026, RSUs converted into 10,590 shares of Class A Common Stock, with 4,793 shares withheld to cover tax obligations tied to the vesting.

Following these transactions, Adkins directly holds 145,106 shares of Class A Common Stock and 25,429 restricted stock units. The RSUs vest in equal monthly or quarterly installments over multi‑year periods, contingent on her continued service with Affirm.

Affirm Holdings, Inc. Chief Accounting Officer Jiyane Siphelele reported compensation-related share activity tied to restricted stock units on June 1, 2026. Siphelele acquired 11,547 shares of Class A Common Stock through the settlement of vested restricted stock units, with 4,546 shares withheld at a price of $72.91 per share to cover tax obligations rather than sold in the open market. Each restricted stock unit represents a right to receive one share of Class A Common Stock, and the various RSU grants vest in equal quarterly installments over one- to three-year periods beginning on dates between September 1, 2023 and September 1, 2025, subject to continued employment. The filing also notes 361 shares previously purchased through the company’s employee stock purchase plan, underscoring that the reported transactions are primarily routine equity compensation and tax withholding events.

Affirm Holdings director Noel Bertram Watson sold shares under a pre-set plan. On the reported date, he completed an open-market sale of 2,000 shares of Class A Common Stock at a price of $65.00 per share. After this transaction, he directly owned 36,076 shares. The filing notes the sale was executed pursuant to a Rule 10b5-1 trading plan adopted in advance, indicating the timing was pre-arranged rather than discretionary.

Affirm Holdings, Inc. reported a Rule 144 notice of sale by an affiliate indicating 4,000 Restricted Stock Units are listed for disposition. The filing shows 2,000 shares sold on 04/14/2026 under a 10b5-1 plan for $110,000. Shares outstanding were 294,357,801 as of 05/13/2026.

Affirm Holdings, Inc. ownership disclosure: Morgan Stanley and Morgan Stanley Investment Management Inc. reported beneficial ownership in Class A Common Stock via an Amendment No. 4 to a Schedule 13G/A.

The filing shows Morgan Stanley reporting 20,737,156 shares with 7.1% of the class and Morgan Stanley Investment Management Inc. reporting 19,597,145 shares with 6.7%. The cover notes these amounts reflect securities held by aggregated "MS Reporting Units" under Release No. 34-39538. Signatures are dated 05/11/2026.