Adkins Katherine 4

4 · Affirm Holdings, Inc. · Filed Feb 3, 2026

AI-generated summary of this filing

Updated Feb 3, 2026

Affirm (AFRM) CLO Katherine Adkins Receives RSUs; 648 Shares Withheld

What Happened

Katherine Adkins, Chief Legal Officer of Affirm (AFRM), had 1,401 restricted stock units (RSUs) convert to common shares on Feb 1, 2026. Of those, 648 shares were withheld to satisfy tax withholding obligations, valued at $39,074 based on a $60.30/share price. Net shares delivered to Adkins were 753.

Key Details

Transaction date: February 1, 2026; filing date: February 3, 2026 (filed within the standard 2-business-day window).
Reported actions: conversion/settlement of RSUs (transaction code M) and tax withholding (code F).
Withheld shares: 648 @ $60.30 each = $39,074.
RSUs vested: 1,401 (1 RSU = right to 1 share).
Net shares received by reporting person: 1,401 − 648 = 753 shares.
Shares beneficially owned after the transaction: not specified in the provided filing.
Footnotes: RSUs vest in 48 equal monthly installments beginning Oct 1, 2022, subject to continued service; this grant has no expiration.

Context

This was a routine RSU vesting and tax-withholding transaction, not an open-market purchase or discretionary sale. Withholding of shares to cover taxes is common and does not necessarily indicate a change in insider sentiment. The filing shows conversion/settlement of RSUs rather than an option exercise followed by an immediate sale.

Form 4

Period: 2026-02-01

Chief Legal Officer

Transactions

Exercise/Conversion
Class A Common Stock
2026-02-01+1,401→ 132,625 total
Tax Payment
Class A Common Stock
[F1]
2026-02-01$60.30/sh−648$39,074→ 131,977 total
Exercise/Conversion
Restricted Stock Units
[F2][F3]
2026-02-01−1,401→ 9,811 total
→ Class A Common Stock (1,401 underlying)

Footnotes (3)

[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 February 1, 2026.
[F2]Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of the Issuer's Class A Common Stock.
[F3]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.

Signature

/s/ Josh Samples, Attorney-in-Fact|2026-02-03

1 file