---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-045491"
form_type: "8-K"
ticker: "AFRM"
cik: "0001820953"
company_name: "Affirm Holdings, Inc."
filed_at: "2026-06-25T20:05:17+00:00"
generated_at: "2026-06-25T20:09:45.556677+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Affirm upsizes revolver to $675M, extends maturity, adds director Ryan Schneider

## Summary
- Revolving credit facility increased from $330M to $675M; maturity extended to June 18, 2029 (subject to 2026 convertible notes condition).
- No amounts outstanding at closing; proceeds for general corporate purposes. Interest SOFR+1.50% or base+0.50%.
- Ryan Schneider appointed Class III director effective July 1, 2026; former CEO of Anywhere Real Estate and Capital One executive.
- Schneider joins Audit and Nominating/Governance committees; receives standard director compensation ($260K RSU grant, $55K cash retainer).

## SEC filing metadata
- accession: 0001628280-26-045491
- form_type: 8-K
- ticker: AFRM
- cik: 0001820953
- company_name: Affirm Holdings, Inc.
- filed_at: 2026-06-25T20:05:17+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 1.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1820953/000162828026045491/0001628280-26-045491-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1820953/000162828026045491/afrm-20260618.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-045491
- JSON: https://secwatch.observer/filing/0001628280-26-045491.json
- Plain text: https://secwatch.observer/filing/0001628280-26-045491.txt

## Key facts
- Executive change
  Ryan Schneider was appointed as Director at Affirm Holdings, Inc..
  - Action: appointed
  - Role: Director
  source text: On June 24, 2026, the Board of Directors (the “Board”) of the Company increased the size of the Board from nine directors to ten directors and appointed Ryan Schneider to the Board as a Class III director, each effective July 1, 2026.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1820953/000162828026045491/0001628280-26-045491-index.htm

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