Affirm (AFRM) COO Michael Linford nets shares from RSU vesting and tax withholding

Rhea-AI Filing Summary

Affirm Holdings, Inc.’s Chief Operating Officer Michael Linford reported routine equity compensation activity. On February 1, 2026, 2,335 restricted stock units converted into the same number of shares of Class A Common Stock at an exercise price of $0.

To cover taxes on this vesting, 628 shares of Class A Common Stock were withheld at $60.30 per share. After these transactions, Linford directly held 80,269 shares of Class A Common Stock and 16,351 restricted stock units, which continue to vest in equal monthly installments beginning October 1, 2022.

Insider Trade Summary

2,335 shares exercised/converted

Mixed 3 txns

Insider Linford Michael

Role Chief Operating Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	2,335	$0.00	--
Exercise	Class A Common Stock	2,335	$0.00	--
Tax Withholding	Class A Common Stock	628	$60.30	$38K

Holdings After Transaction: Restricted Stock Units — 16,351 shares (Direct); Class A Common Stock — 80,897 shares (Direct)

Footnotes (1)

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 February 1, 2026. Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of the Issuer's Class A Common Stock. The RSUs vest in 48 equal monthly installments beginning October 1, 2022, subject to the Reporting Person's continuous service with the Issuer as of each vesting date. This grant has no expiration date.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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^*

Linford Michael

(Last) (First) (Middle)

C/O AFFIRM HOLDINGS, INC.

650 CALIFORNIA STREET

(Street)

SAN FRANCISCO CA 94108

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Affirm Holdings, Inc. [ AFRM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Operating Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/01/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	02/01/2026		M		2,335	A	$0	80,897	D
Class A Common Stock	02/01/2026		F		628(1)	D	$60.3	80,269	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(2)	02/01/2026		M			2,335	(3)	(3)	Class A Common Stock	2,335	$0	16,351	D

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 February 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 48 equal monthly installments beginning October 1, 2022, subject to the Reporting Person's continuous service with the Issuer as of each vesting date. This grant has no expiration date.

Remarks:

	/s/ Josh Samples, Attorney-in-Fact	02/03/2026
	** Signature of Reporting Person	Date
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.

FAQ

What insider transaction did Affirm (AFRM) COO Michael Linford report?

Michael Linford reported the vesting of 2,335 restricted stock units into Class A Common Stock. These units converted at a $0 exercise price, reflecting routine executive equity compensation rather than an open-market purchase. The transaction occurred on February 1, 2026 for Affirm Holdings, Inc.

How many Affirm (AFRM) shares did Michael Linford have withheld for taxes?

Affirm withheld 628 shares of Class A Common Stock from Michael Linford to satisfy tax obligations. The withholding related to RSUs that vested on February 1, 2026 and was priced at $60.30 per share, rather than being a discretionary market sale by the executive.

How many Affirm (AFRM) shares does Michael Linford own after this Form 4?

Following the reported transactions, Michael Linford directly owned 80,269 shares of Affirm Class A Common Stock. In addition, he held 16,351 restricted stock units, which represent rights to receive future shares as they vest under the established monthly vesting schedule.

What are the terms of Michael Linford’s Affirm (AFRM) RSU grant?

Each restricted stock unit represents a right to receive one share of Affirm Class A Common Stock. The RSUs vest in 48 equal monthly installments starting October 1, 2022, contingent on Linford’s continuous service, and the grant itself has no stated expiration date.

Did Michael Linford buy or sell Affirm (AFRM) shares on the open market?

The reported activity reflects RSUs converting into shares and shares withheld for taxes, not an open-market trade. 2,335 RSUs converted at a $0 exercise price, and 628 shares were withheld at $60.30 solely to cover associated tax obligations.

What does the $0 exercise price mean for Michael Linford’s Affirm (AFRM) RSUs?

A $0 exercise price means Michael Linford did not pay cash to convert his RSUs into shares. Instead, the 2,335 RSUs automatically settled into an equal number of Class A Common shares as they vested, with tax obligations satisfied through share withholding.