---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-002442"
form_type: "8-K"
ticker: "AFRM"
cik: "0001820953"
company_name: "Affirm Holdings, Inc."
filed_at: "2026-01-16T23:59:59+00:00"
generated_at: "2026-05-16T09:56:01.736997+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Affirm grants 333,667 PSUs to CEO Max Levchin with three-year performance period

## Summary
- Grant of 333,667 PSUs to founder/CEO Max Levchin under Amended 2012 Stock Plan.
- Performance measures: growth in revenue less transaction costs (50%) and adjusted operating income (50%).
- Three-year performance period starting July 1, 2025; shares earned based on average annual growth vs targets.
- Earned PSUs range from 50% (threshold) to 200% (maximum) of grant; vest at end of period subject to continued service.
- Follows expiration of prior value creation award granted Jan 2021 with five-year period ending Jan 11, 2026.

## SEC filing metadata
- accession: 0001628280-26-002442
- form_type: 8-K
- ticker: AFRM
- cik: 0001820953
- company_name: Affirm Holdings, Inc.
- filed_at: 2026-01-16T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1820953/000162828026002442/0001628280-26-002442-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1820953/000162828026002442/afrm-20260113.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-002442
- JSON: https://secwatch.observer/filing/0001628280-26-002442.json
- Plain text: https://secwatch.observer/filing/0001628280-26-002442.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.