secwatch.observer — SEC 8-K summary
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Issuer:     Affirm Holdings, Inc. (AFRM)
CIK:        0001820953
Form:       8-K
Filed at:   2025-09-22T23:59:59+00:00
Accession:  0001628280-25-042335
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Affirm grants annual equity awards to four execs; CFO O'Hare gets 33,366 RSUs and PSUs
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- CFO O'Hare receives 33,366 PSUs + 33,366 RSUs; COO Linford, President Michalek each get 44,488 PSUs and RSUs.
- PSUs vest based on three-year performance: revenue less transaction costs (50%) and adjusted operating income (50%).
- PSU payout ranges from 50% (threshold) to 200% (maximum) of target; RSUs vest quarterly over three years.
- Compensation Committee approved grants on September 18, 2025 under the 2012 Stock Plan.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1820953/000162828025042335/0001628280-25-042335-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1820953/000162828025042335/afrm-20250918.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-042335

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer