O'Hare Robert 4
4 · Affirm Holdings, Inc. · Filed Jun 3, 2026
Research Summary
AI-generated summary of this filing
Affirm (AFRM) CFO Robert O'Hare Converts RSUs; Shares Withheld for Taxes
What Happened Robert O'Hare, Chief Financial Officer of Affirm Holdings (AFRM), had restricted stock units (RSUs) convert/settle on June 1, 2026. The filing shows conversion/settlement activity totaling 16,416 shares (acquired at $0.00 per share as RSU settlements). To satisfy tax withholding on the vesting, 8,355 shares were withheld/disposed at $72.91 per share, representing approximately $609,163. Several other RSU settlement line items (3,031; 2,102; 5,019; 2,128; 1,356; 2,780) are listed as conversions/dispositions in the filing (reported at $0 cash value) corresponding to multiple award tranches.
Key Details
- Transaction date: June 1, 2026; Form 4 filed June 3, 2026 (filed within the typical 2-business-day reporting window).
- Tax-withheld shares: 8,355 shares withheld at $72.91/share → ~$609,163 cash value.
- RSU conversions/settlements reported: total 16,416 shares acquired (per filing); additional disposition line items listed by tranche as noted above.
- Shares owned after transaction: Not specified in the provided filing details.
- Notable footnotes: F1 confirms shares were withheld to satisfy tax obligations on vested RSUs; F2 notes each RSU equals one share; F3–F8 describe different vesting schedules for the various RSU grants.
- Transaction codes: M = exercise/conversion of derivative (RSU settlement); F = shares withheld to satisfy tax liability.
Context This was not an open-market sale for cash proceeds in the usual sense; the flagged disposal was a tax-withholding action tied to RSU vesting (i.e., shares retained by the company/broker to pay taxes). For retail investors, tax-withholdings on vesting are routine and do not necessarily signal a change in insider sentiment. The filing reflects multiple RSU grants with varying vesting schedules — see the footnotes for vesting cadence and grant details.
Insider Transaction Report
- Exercise/Conversion
Class A Common Stock
2026-06-01+16,416→ 26,834 total - Tax Payment
Class A Common Stock
[F1]2026-06-01$72.91/sh−8,355$609,163→ 18,479 total - Exercise/Conversion
Restricted Stock Units
[F2][F3]2026-06-01−3,031→ 0 total→ Class A Common Stock (3,031 underlying) - Exercise/Conversion
Restricted Stock Units
[F2][F4]2026-06-01−2,102→ 702 total→ Class A Common Stock (2,102 underlying) - Exercise/Conversion
Restricted Stock Units
[F2][F5]2026-06-01−5,019→ 25,094 total→ Class A Common Stock (5,019 underlying) - Exercise/Conversion
Restricted Stock Units
[F2][F6]2026-06-01−2,128→ 19,150 total→ Class A Common Stock (2,128 underlying) - Exercise/Conversion
Restricted Stock Units
[F2][F7]2026-06-01−1,356→ 12,210 total→ Class A Common Stock (1,356 underlying) - Exercise/Conversion
Restricted Stock Units
[F2][F8]2026-06-01−2,780→ 25,025 total→ Class A Common Stock (2,780 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 June 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 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.
- [F4]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.
- [F5]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.
- [F6]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.
- [F7]The 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.
- [F8]The 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.