Adkins Katherine 4

4 · Affirm Holdings, Inc. · Filed May 5, 2026

AI-generated summary of this filing

Updated May 5, 2026

Affirm (AFRM) CLO Katherine Adkins RSUs Vest; 634 Shares Withheld

What Happened

Katherine Adkins, Chief Legal Officer of Affirm (AFRM), had restricted stock units (RSUs) vest and convert into 1,401 shares on May 1, 2026. The conversion is reported as an exercise/conversion of a derivative (code M) at $0.00. To satisfy tax withholding, 634 of those shares were withheld/disposed (code F) at $67.54 per share, totaling $42,820. The filing shows the RSU settlement and the tax-withholding share disposition.

Key Details

Transaction date: May 1, 2026; Filing date: May 5, 2026 (Form 4 accession 0001628280-26-030650).
Conversion/settlement: 1,401 RSUs converted to 1,401 shares (code M) at $0.00.
Tax withholding: 634 shares withheld/disposed (code F) at $67.54 each, total $42,820.
Shares owned after transaction: Not reported in the filing.
Footnotes: F1–shares withheld to satisfy tax obligation on RSU settlement; F2–each RSU equals one share; F3–RSUs vest in 48 equal monthly installments beginning Oct 1, 2022; grant has no expiration.
No indication in the filing of a 10b5-1 plan or late-filing flag.

Context

This was not an open-market sale or purchase by the insider but a routine RSU vesting with shares withheld to pay taxes. Such withholding is common and generally administrative rather than a directional trading signal. For clarity: the RSU conversion (derivative exercise) generated shares, and a portion were retained by the company to cover the tax liability.

Form 4

Period: 2026-05-01

Chief Legal Officer

Transactions

Exercise/Conversion
Class A Common Stock
2026-05-01+1,401→ 139,943 total
Tax Payment
Class A Common Stock
[F1]
2026-05-01$67.54/sh−634$42,820→ 139,309 total
Exercise/Conversion
Restricted Stock Units
[F2][F3]
2026-05-01−1,401→ 5,607 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 May 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|2026-05-05

1 file