Welcome to our dedicated page for Affirm Holdings SEC filings (Ticker: AFRM), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Affirm Holdings, Inc. filings document the company’s pay-over-time financing business, operating results, governance, and capital structure. Form 8-K reports furnish shareholder letters with quarterly results, gross merchandise volume, revenue, revenue less transaction costs, operating income, and reconciliations of non-GAAP measures to GAAP results.
Affirm’s regulatory record also includes proxy and annual meeting materials covering director elections, auditor ratification, advisory executive compensation votes, and its dual-class common stock voting structure. Other filings disclose material merchant agreements for closed-end installment loan products, warrant arrangements, and executive equity compensation through RSUs and PSUs.
Jiyane Siphelele, Chief Accounting Officer of Affirm Holdings, Inc. (AFRM), reported option exercises and a subsequent sale on 09/04/2025. The Form 4 shows the exercise of a stock option with a $1.68 exercise price for 14,367 shares and a stock option with a $5.39 exercise price for 11,166 shares. Those exercises increased the reported holdings to 252,000 shares before a sale of 25,533 Class A common shares at a weighted average price of $90.71, leaving 226,467 shares beneficially owned after the transactions. The filing includes an explanatory footnote that the $90.71 price is a weighted average of sales from $90.62 to $90.83. The Form 4 was signed by attorney-in-fact Josh Samples on 09/08/2025.
Affirm Holdings, Inc. (AFRM) Form 144 notice: An individual acquired 25,533 shares of Affirm Class A common stock on 09/04/2025 through an employee stock option exercise and intends to sell those shares via Charles Schwab & Co., Inc. with an approximate aggregate market value of $2,316,126 and an approximate sale date of 09/04/2025 on NASDAQ. The filing also discloses prior open-market sales by the same person of 15,871 shares on 08/04/2025 for $1,190,325 and 22,725 shares on 08/29/2025 for $2,192,364. The filer certifies no undisclosed material information and notes the shares result from a cashless exercise handled by a broker.
Katherine Adkins, Chief Legal Officer of Affirm Holdings, Inc. (AFRM), reported multiple equity transactions on Form 4. The filing shows option exercises and RSU settlements between 08/29/2025 and 09/01/2025 executed under a Rule 10b5-1 trading plan adopted December 6, 2024. On 08/29/2025 she exercised options to acquire 36,878 shares at $23.35 and concurrently sold 36,878 shares at $95, leaving 81,134 option-related shares exercisable. On 09/01/2025 she acquired 16,722 shares at $0 and had 7,569 shares withheld for taxes related to RSU vesting. Following these transactions she beneficially owned 122,553 Class A shares.
Affirm Holdings, Inc. (AFRM) Form 4 shows insider transactions by Chief Accounting Officer Jiyane Siphelele. The filing discloses sales executed under a Rule 10b5-1 trading plan adopted December 8, 2024, and the settlement/vesting of restricted stock units (RSUs). On 08/29/2025 the reporting person sold 10,017 shares at $92 and 12,708 shares at $100, and on 09/01/2025 sold 4,545 shares at $88.46; these sales reduced holdings to 226,467 Class A shares. The filing also shows an acquisition/settlement of 11,545 shares and multiple RSU vesting events that increased beneficial ownership in specified amounts.
Affirm Holdings insider activity: Libor Michalek, a company director and the President, reported transactions on September 1, 2025. He received 23,612 shares of Class A common stock through vesting of restricted stock units and had 11,991 shares sold at $88.46 per share to satisfy tax withholding, reducing his direct beneficial ownership from 208,226 to 196,235 shares. He also reports indirect ownership of 868,114 Class A shares held by the Michalek 2007 Family Trust, where he and his spouse serve as trustees. The filing discloses two RSU grants with monthly and quarterly vesting schedules and no expiration.
Affirm Holdings insider activity: Michael Linford, the company's Chief Operating Officer, reported changes in his beneficial ownership on 09/01/2025. He had 25,031 shares of Class A common stock added under code M at a $0 price (reflecting settlement of restricted stock units) and sold 9,917 shares at $88.46 under code F. Following these transactions he beneficially owned 124,954 Class A shares. The filing also shows two RSU-related entries: 2,335 and 22,696 underlying Class A shares from separate RSU grants, with specified vesting schedules and no expiration. One sale was used to satisfy tax withholding related to RSU settlement.
Robert O'Hare, Chief Financial Officer of Affirm Holdings, Inc. (AFRM), reported multiple equity transactions on September 1-2, 2025. The Form 4 shows RSU vesting and option exercises that increased holdings and concurrent sales—including share withholding to satisfy taxes—executed under a Rule 10b5-1 trading plan adopted December 6, 2024. On September 1, 2025 the reporting person acquired 23,029 shares and had 23,029 shares beneficially owned following that transaction; subsequent activity on September 1-2 included tax-withheld shares (11,697) and a sequence of option exercises, RSU settlements and open-market sales at weighted-average prices in the $81.69–$85.50 range. The final non-derivative line shows a disposition that reduced the reported Class A common stock position to 0 shares for that line, while Table II lists multiple RSU and option holdings and resulting beneficial ownership counts for derivative awards.
Reporting person: Christa S. Quarles, a director of Affirm Holdings, Inc. (AFRM). The filing reports two open-market sales on 08/29/2025 totaling 15,000 Class A common shares — 10,000 shares sold at $92 and 5,000 shares sold at $95. After these transactions the reporting person beneficially owns 122,241 Class A shares directly. The filing indicates the sales were effected pursuant to a Rule 10b5-1 trading plan adopted on September 13, 2024. The Form 4 is signed by an attorney-in-fact on behalf of the reporting person.
Form 144 notice reports a proposed sale of 31,423 shares of common stock through Morgan Stanley Smith Barney with an aggregate market value of $2,779,678.58 and approximately 284,917,717 shares outstanding. The shares to be sold were acquired on 09/02/2025 (20,091 shares via exercise of stock options) and 09/01/2025 (11,332 shares as restricted stock units), with cash used to pay for the option exercise. The filing also discloses three 10b5-1 sales by the same person during the past three months totaling 109,007 shares and gross proceeds of approximately $8,129,352.42. The filer affirms no undisclosed material adverse information and notes reliance on 10b5-1 sale instructions where applicable.
Max Levchin, Affirm Holdings CEO and director, reported transactions on 08/28/2025 executed under a Rule 10b5-1 plan adopted March 17, 2025. He acquired 499,223 Class A shares at an exercise price of $49 per share (transaction code M) related to vested performance-based options, and sold 499,223 Class A shares the same day at a weighted average price of $80.17 per share (transaction code S). After these transactions, Levchin reports 0 direct Class A shares held and 735,294 shares indirectly via the Levchin 2012 Irrevocable Trust; he also holds 11,818,381 options/derivatives and has earned 4,000,000 vested options under his Value Creation Award.