Reses Jacqueline D 4

What Happened

• Jacqueline D. Reses, a director of Affirm Holdings, received a grant of 655 restricted stock units (RSUs) on July 1, 2026. The award was granted at $0.00 (no cash exchanged); total immediate value reported = $0. This is an equity compensation award (code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-07-01. Form 4 filed: 2026-07-06 (5 days after the transaction; this is outside the typical 2-business-day filing window and may be considered late).
• Grant specifics: 655 RSUs granted under the Issuer’s Amended and Restated 2012 Stock Plan.
• Vesting: The RSUs vest in full on July 1, 2027 (per footnote).
• Conversion: Each RSU represents the contingent right to one share of the Issuer’s Class A Common Stock.
• Shares owned after transaction: not disclosed in the information provided by this filing.
• No 10b5-1 plan, tax-withholding sale, or immediate sale noted in this filing.

Context

• RSUs are a form of deferred equity compensation: they represent a contingent right to receive shares if vesting conditions are met (here, full vesting on 7/1/2027). Because this is a standard compensation grant to a director, it’s typically considered routine and not a direct signal of near-term buying or selling activity. Investors who track insider purchases often weigh outright purchases more heavily than awards when inferring insider sentiment.