O'Hare Robert 4
4 · Affirm Holdings, Inc. · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
Affirm (AFRM) CFO Robert O'Hare Exercises RSUs; Sells 9,380 Shares
What Happened
Robert O'Hare, Chief Financial Officer of Affirm (AFRM), had restricted stock units (RSUs) convert into 18,430 shares of Class A common stock on March 1, 2026 (reported on a Form 4 filed March 3, 2026). To cover tax withholding tied to the vesting, 9,380 shares were withheld/sold at $46.98 per share, generating proceeds of $440,672. The remaining shares (net +9,050 shares) were retained by O'Hare.
Key Details
- Transaction date: March 1, 2026; Form 4 filed March 3, 2026.
- Conversion/exercise code: M (exercise/conversion of derivative — here, RSUs converting to stock).
- Tax withholding/sale code: F — 9,380 shares disposed at $46.98 for $440,672 to satisfy tax obligations.
- Gross shares converted: 18,430 RSU shares; net shares retained after withholding: 9,050.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes: F1 confirms shares were withheld to satisfy tax obligations on vested RSUs; F2–F9 describe the RSU award terms and vesting schedules (monthly/quarterly vesting, no expiration).
- Timeliness: Filing date is March 3, 2026 (covers the March 1 transaction); no late-filing flag noted in the supplied data.
Context
This was a routine RSU vesting and associated tax-withholding sale rather than an open-market decision to take profits or buy shares. Code explanations: M = conversion/exercise of a derivative (RSUs settled into shares); F = shares withheld/sold to pay taxes. Such withholding sales are common on vesting and do not necessarily indicate a change in insider sentiment.
Insider Transaction Report
Form 4
O'Hare Robert
Chief Financial Officer
Transactions
- Exercise/Conversion
Class A Common Stock
2026-03-01+18,430→ 19,798 total - Tax Payment
Class A Common Stock
[F1]2026-03-01$46.98/sh−9,380$440,672→ 10,418 total - Exercise/Conversion
Restricted Stock Units
[F2][F3]2026-03-01−499→ 0 total→ Class A Common Stock (499 underlying) - Exercise/Conversion
Restricted Stock Units
[F2][F4]2026-03-01−4,545→ 3,031 total→ Class A Common Stock (4,545 underlying) - Exercise/Conversion
Restricted Stock Units
[F2][F5]2026-03-01−2,102→ 2,804 total→ Class A Common Stock (2,102 underlying) - Exercise/Conversion
Restricted Stock Units
[F2][F6]2026-03-01−5,018→ 30,113 total→ Class A Common Stock (5,018 underlying) - Exercise/Conversion
Restricted Stock Units
[F2][F7]2026-03-01−2,128→ 21,278 total→ Class A Common Stock (2,128 underlying) - Exercise/Conversion
Restricted Stock Units
[F2][F8]2026-03-01−1,357→ 13,566 total→ Class A Common Stock (1,357 underlying) - Exercise/Conversion
Restricted Stock Units
[F2][F9]2026-03-01−2,781→ 27,805 total→ Class A Common Stock (2,781 underlying)
Footnotes (9)
- [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]With respect to the shares of Class A Common Stock underlying the RSUs, the RSUs vested in equal monthly installments from April 1, 2022 until August 1, 2023. Beginning September 1, 2023, the RSUs vest in equal quarterly installments, subject to the Reporting Person's continued employment with the Issuer as of each vesting date. This grant has no expiration date.
- [F4]With respect to the shares of Class A Common Stock underlying the RSUs, the RSUs vested in equal monthly installments from August 1, 2022 until August 1, 2023. Beginning September 1, 2023, the RSUs vest in equal quarterly installments, subject to the Reporting Person's continued employment with the Issuer as of each vesting date. This grant has no expiration date.
- [F5]With respect to the shares of Class A Common Stock underlying the RSUs, the RSUs vested in equal monthly installments from October 1, 2022 until August 1, 2023. Beginning September 1, 2023, the RSUs vest in equal quarterly installments, 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 as to 25% of the shares on September 1, 2024 and the remainder vest in 12 equal quarterly installments over the subsequent three years, subject to the Reporting Person's continuous service with the Issuer as of each vesting date. This grant has no expiration date.
- [F7]The RSUs vest as to 25% of the shares on September 1, 2025 and the remainder vest in 12 equal quarterly installments over the subsequent three years, subject to the Reporting Person's continuous service with the Issuer as of each vesting date. This grant has no expiration date.
- [F8]RSUs vest in equal quarterly installments for a period of four years beginning December 1, 2024, the vesting commencement date, subject to the Reporting Person's continued employment with the Issuer as of each vesting date. This grant has no expiration date.
- [F9]RSUs vest in equal quarterly installments for a period of three years beginning December 1, 2025, the vesting commencement date, 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