Affirm Holdings, Inc.·4

Jun 3, 4:08 PM ET

O'Hare Robert 4

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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.