Katherine Adkins - 01 Dec 2025 Form 4 Insider Report for Affirm Holdings, Inc. (AFRM)

Role: Chief Legal Officer
Signature: /s/ Josh Samples, Attorney-in-Fact
Issuer symbol: AFRM
Transactions as of: 01 Dec 2025
Transactions value $: -$340,698
Form type: 4
Filing time: 03 Dec 2025, 17:59:25 UTC
Previous filing: 04 Nov 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Adkins Katherine	Chief Legal Officer	C/O AFFIRM HOLDINGS, INC., 650 CALIFORNIA STREET, SAN FRANCISCO	/s/ Josh Samples, Attorney-in-Fact	03 Dec 2025	0001870331

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AFRM	Class A Common Stock	Options Exercise	$0	+10.9K	+8.76%	$0.00	135K	01 Dec 2025	Direct
transaction	AFRM	Class A Common Stock	Tax liability	-$341K	-4.93K	-3.65%	$69.07	130K	01 Dec 2025	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	AFRM	Restricted Stock Units	Options Exercise	$0	-305	-49.92%	$0.00	306	01 Dec 2025	Class A Common Stock	305		Direct	F2, F3
transaction	AFRM	Restricted Stock Units	Options Exercise	$0	-1.4K	-10%	$0.00	12.6K	01 Dec 2025	Class A Common Stock	1.4K		Direct	F2, F4
transaction	AFRM	Restricted Stock Units	Options Exercise	$0	-5.09K	-12.5%	$0.00	35.6K	01 Dec 2025	Class A Common Stock	5.09K		Direct	F2, F5
transaction	AFRM	Restricted Stock Units	Options Exercise	$0	-2.48K	-8.33%	$0.00	27.3K	01 Dec 2025	Class A Common Stock	2.48K		Direct	F2, F6
transaction	AFRM	Restricted Stock Units	Options Exercise	$0	-1.62K	-8.33%	$0.00	17.8K	01 Dec 2025	Class A Common Stock	1.62K		Direct	F2, F7

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
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 December 1, 2025.
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 February 1, 2022, subject to the Reporting Person's continuous service with the Issuer as of each vesting date. This grant has no expiration date.
F4	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.
F5	The RSUs vest in 16 equal quarterly installments beginning September 1, 2024, 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 in 16 equal quarterly installments beginning September 1, 2025, 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 three years beginning December 1, 2025, subject to the Reporting Person's continued employment with the Issuer as of each vesting date. This grant has no expiration date.