---
schema_version: "secwatch.filing_event.v1"
accession: "0001820953-25-000061"
form_type: "8-K"
ticker: "AFRM"
cik: "0001820953"
company_name: "Affirm Holdings, Inc."
filed_at: "2025-06-12T23:59:59+00:00"
generated_at: "2026-05-19T11:08:33.927034+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Affirm director Keith Rabois resigns; former Costco CFO Richard Galanti appointed to board

## Summary
- Keith Rabois resigned from board effective June 30, 2025; no disagreement with company.
- Richard Galanti (retired Costco EVP/CFO) appointed Class II director effective July 1, 2025; joins Compensation Committee.
- Galanti to receive $500K RSUs (3-year vest), $200K annual RSU grant, $45K cash retainer, plus committee fees.
- Galanti served as Costco CFO for ~39 years (1985-2024) and on Costco board until January 2025.

## SEC filing metadata
- accession: 0001820953-25-000061
- form_type: 8-K
- ticker: AFRM
- cik: 0001820953
- company_name: Affirm Holdings, Inc.
- filed_at: 2025-06-12T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1820953/000182095325000061/0001820953-25-000061-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1820953/000182095325000061/afrm-20250609.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001820953-25-000061
- JSON: https://secwatch.observer/filing/0001820953-25-000061.json
- Plain text: https://secwatch.observer/filing/0001820953-25-000061.txt

## Key facts
- Executive change
  Richard Galanti was appointed as Director at Affirm Holdings, Inc..
  - Action: appointed
  - Role: Director
  source text: On June 11, 2025, the Board appointed Richard Galanti to the Board as a Class II director, effective July 1, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1820953/000182095325000061/0001820953-25-000061-index.htm
- Executive change
  Keith Rabois resigned as Director at Affirm Holdings, Inc..
  - Action: resigned
  - Role: Director
  source text: On June 9, 2025, Keith Rabois, a member of the Board of Directors (the “Board”) of Affirm Holdings, Inc. (the “Company”), resigned as a member of the Board, effective June 30, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1820953/000182095325000061/0001820953-25-000061-index.htm

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