Jiyane Siphelele 4
4 · Affirm Holdings, Inc. · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
Affirm (AFRM) Chief Accounting Officer Receives RSUs; 4,666 Shares Withheld
What Happened
- Jiyane Siphelele, Chief Accounting Officer of Affirm Holdings (AFRM), had RSUs convert into 11,547 shares on March 1, 2026 (reported March 3, 2026). To satisfy tax withholding, 4,666 of those shares were withheld at $46.98/share for a cash value of $219,209. The net shares issued to the reporting person were 6,881 (11,547 vested − 4,666 withheld).
- Transaction codes: M = exercise/conversion of a derivative (here, RSU settlement); F = shares withheld to pay tax obligations. No cash purchase or open-market sale was reported.
Key Details
- Transaction date: March 1, 2026; Form 4 filed March 3, 2026 (appears timely).
- Withholding price: $46.98 per share; withholding value: $219,209 for 4,666 shares.
- Gross shares vested/converted: 11,547; shares withheld for taxes: 4,666; net shares received: 6,881.
- Footnotes indicate these shares come from multiple RSU grants with various quarterly vesting schedules (see F2–F8); each RSU represents a right to one share.
- Shares owned after the transaction are not specified in the provided filing.
Context
- This was a routine RSU vesting and settlement, not an open-market purchase or discretionary sale. The withholding of shares to cover taxes is common and is similar to a cashless settlement — it does not necessarily indicate a bullish or bearish view by the insider.
- For retail investors: purchases are often more informative as signals; here the insider received shares via vesting and paid taxes by withholding shares, which is administrative rather than directional trading.
Insider Transaction Report
Form 4
Jiyane Siphelele
Chief Accounting Officer
Transactions
- Exercise/Conversion
Class A Common Stock
2026-03-01+11,547→ 232,515 total - Tax Payment
Class A Common Stock
[F1]2026-03-01$46.98/sh−4,666$219,209→ 227,849 total - Exercise/Conversion
Restricted Stock Units
[F2][F3]2026-03-01−1,667→ 1,667 total→ Class A Common Stock (1,667 underlying) - Exercise/Conversion
Restricted Stock Units
[F2][F4]2026-03-01−2,084→ 6,250 total→ Class A Common Stock (2,084 underlying) - Exercise/Conversion
Restricted Stock Units
[F2][F5]2026-03-01−3,333→ 13,334 total→ Class A Common Stock (3,333 underlying) - Exercise/Conversion
Restricted Stock Units
[F2][F6]2026-03-01−2,500→ 12,500 total→ Class A Common Stock (2,500 underlying) - Exercise/Conversion
Restricted Stock Units
[F2][F7]2026-03-01−841→ 842 total→ Class A Common Stock (841 underlying) - Exercise/Conversion
Restricted Stock Units
[F2][F8]2026-03-01−1,122→ 10,096 total→ Class A Common Stock (1,122 underlying)
Footnotes (8)
- [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 March 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 equal quarterly installments for a period of three years beginning September 1, 2023, subject to the Reporting Person's continued employment with the Issuer as of each vesting date. This grant has no expiration date.
- [F4]The RSUs vest in equal quarterly installments for a period of three years beginning March 1, 2024, subject to the Reporting Person's continued employment with the Issuer as of each vesting date. This grant has no expiration date.
- [F5]The RSUs vest in equal quarterly installments for a period of three years beginning June 1, 2024, subject to the Reporting Person's continued employment with the Issuer as of each vesting date. This grant has no expiration date.
- [F6]The RSUs vest in equal quarterly installments for a period of three years beginning September 1, 2024, subject to the Reporting Person's continued employment with the Issuer as of each vesting date. This grant has no expiration date.
- [F7]The RSUs vest in equal quarterly installments for a period of one year beginning September 1, 2025, subject to the Reporting Person's continued employment with the Issuer as of each vesting date. This grant has no expiration date.
- [F8]The RSUs vest in equal quarterly installments for a period of three years beginning September 1, 2025, subject to the Reporting Person's continued employment with the Issuer as of each vesting date. This grant has no expiration date.
Signature
/s/ Josh Samples, Attorney-in-Fact|2026-03-03