AFRM insider ownership: who sold, why, and what they still hold

Who	Shares	Price	% of total stake	Total stake after	Trade date	Filed
Siphelele Jiyane Chief Accounting Officer	26,980	$72.19	13%	188K	Sep 14, 2026	Sep 16, 2026

What stands out

Siphelele Jiyane (24% of holdings) sold $3.8M of stock with no disclosed trading plan. The filings don't state a reason.Largest such sale, Sep 14, 2026

Percentages cover 9 of 15 officers and directors. 6 are left out

Left out: Max Levchin (most holdings were last confirmed in 2021); Katherine Adkins and Michael Linford (most of their shares vested during the period, so a percentage would mislead); Keith Rabois (most holdings were last confirmed in 2023); Robert O'Hare and Ryan Schneider (held no vested shares at the start).

Disclosed company stock is not an insider's whole wealth.

Who sold, and how much of their stake

Officers and directors, past 12 months. Each bar is the insider's vested stake at the start of the period (Oct 8, 2025). The gold part is what they sold.

SoldRest of starting stakeAdded during the period

Max Levchin

Chief Executive Officer, Director

Sold 48% of the shares held or received (after tax withholding) during the period†. No bar against the starting stake: most of these shares arrived during the period.

$53.7MDisclosed plan

Michael Linford

President

Sold 58% of the shares held or received (after tax withholding) during the period†. No bar against the starting stake: most of these shares arrived during the period.

$15.1MDisclosed plan

Katherine Adkins

Chief Legal Officer

Sold 35% of the shares held or received (after tax withholding) during the period†. No bar against the starting stake: most of these shares arrived during the period.

$6.1MDisclosed plan

Robert O'Hare

Chief Financial Officer

Sold 96% of the shares held or received (after tax withholding) during the period†. No bar against the starting stake: most of these shares arrived during the period.

$5.0MDisclosed plan

Siphelele Jiyane

Chief Accounting Officer

24% · $3.8MNo plan disclosed

All 6 sellers

Selling by month

Officers and directors, Oct 2025 to Oct 2026. Each sale is counted once: under a disclosed plan, else to cover taxes, else no plan disclosed.

Disclosed planTo cover taxesNo plan disclosed

Outside holders, reported separately

Jeremy Liew and Keith Rabois reported no open-market sales in the past 12 months. Large shareholders and the funds or companies that board members represent are not part of management, so they are left out of the figures above.

Details

Common questions

Is the Affirm CEO selling stock?

Yes. Max Levchin sold 667K shares ($53.7M) in the past 12 months, all of it under a trading plan disclosed in the filings.

Why are Affirm insiders selling?

Filings rarely give a reason, and we don't guess at one. What they show is how the sales were made: 96% of sales by value ran under 10b5-1 trading plans disclosed in the filings and 4% had no disclosed plan. A trading plan schedules sales in advance.

Are any Affirm insiders buying?

No. Officers and directors reported no purchases in the past 12 months.

How much of their stake did Affirm insiders sell?

About 2.9% overall. As a group they still hold 96% of their starting shares. These figures leave out Max Levchin, the largest holder (most holdings were last confirmed in 2021). That covers the 12 months to Oct 8, 2026 and counts vested shares reported on SEC Forms 3, 4 and 5, which is not an insider's whole wealth.

The evidence

Who sold6 officers and directors: amount, % of holdings, trading plan

Who sold	Amount	% of holdings	Trading plan
Max Levchin Chief Executive Officer, Director	$53.7M 667K shares	48%† i † Most of the shares Max Levchin sold arrived during the period, so this is shares sold as a share of the 735K held at the start plus the 667K received, less 0 withheld by the company for taxes.	Disclosed plan
Michael Linford President	$15.1M 179K shares	58%† i † Most of the shares Michael Linford sold arrived during the period, so this is shares sold as a share of the 49K held at the start plus the 282K received, less 24K withheld by the company for taxes.	Disclosed plan
Katherine Adkins Chief Legal Officer	$6.1M 83K shares	35%† i † Most of the shares Katherine Adkins sold arrived during the period, so this is shares sold as a share of the 123K held at the start plus the 136K received, less 24K withheld by the company for taxes.	Disclosed plan
Robert O'Hare Chief Financial Officer	$5.0M 66K shares	96%† i † Most of the shares Robert O'Hare sold arrived during the period, so this is shares sold as a share of the 0 held at the start plus the 103K received, less 34K withheld by the company for taxes.	Disclosed plan
Siphelele Jiyane Chief Accounting Officer	$3.8M 52K shares	24%	No plan disclosed
Noel Watson Director	$396K 6K shares	16%	Disclosed plan

Board members representing outside shareholders, reported separately: Jeremy Liew, Keith Rabois. Details

The full ownership picture15 of 15 insiders fully reconciled · 15 officers and directors

Vested shares across all share classes, held directly and through trusts, LLCs and family members, as reported on SEC Forms 3, 4 and 5. Unvested awards and options are never counted as owned shares.

Insider

Held Oct 8, 2025

Sold

Held Oct 8, 2026

Still held

Libor Michalek

Additional holdings last reported more than 3 years ago are shown separately and excluded from totals.

President, Director

1.07M

1.10M

no sales

Vesting, gifts, unvested awards and holding lines for Libor Michalek

+62Kshares vested or exercised

0gifted (net of own trusts)

−29Kwithheld by the company for taxes

134K → 139Kunvested awards, start → end

Additional holdings last reported more than 3 years ago are shown separately and excluded from totals.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Class A Common Stock	197,384	230,477
Michalek 2007 Trust dated March 21, 2007	Class A Common Stock	868,114	868,114

Additional holdings last reported Jan 13, 2021, not confirmed since: 875,265 shares. Not included in any total or percentage on this page.

Direct, Class B Common Stock: 875,265 shares, last reported Jan 13, 2021

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
119,884	$44.06	Sep 16, 2034	$3.4M
200,000	$8.80	Dec 16, 2029	$12.7M

Estimate: options held × ($72.19 − strike price), using the most recent insider trade price on Form 4 (Sep 14, 2026), not a market close.

Max Levchin

Most of this insider's holdings were last confirmed in 2021. Confirmed in the last three years: 735,294 shares. Not confirmed since: 26,485,472 shares, left out of this row. "Still held" is not shown because it would cover only the smaller, confirmed part.

Chief Executive Officer, Director

735K

−667K

735K

see note

Vesting, gifts, unvested awards and holding lines for Max Levchin

+667Kshares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Additional holdings last reported more than 3 years ago are shown separately and excluded from totals.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Class A Common Stock	0	0
Levchin 2012 Irrevocable Trust	Class A Common Stock	735,294	735,294

Additional holdings last reported Mar 18, 2021, not confirmed since: 26,485,472 shares. Not included in any total or percentage on this page.

Direct, Class B Common Stock: 15,397,650 shares, last reported Mar 18, 2021
2012 MRL Investments LLC, Class B Common Stock: 10,352,528 shares, last reported Mar 18, 2021
Levchin 2012 Irrevocable Trust, Class B Common Stock: 735,294 shares, last reported Mar 18, 2021

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
10,500,002	$49.00	Jan 12, 2031	$243M

Estimate: options held × ($72.19 − strike price), using the most recent insider trade price on Form 4 (Sep 14, 2026), not a market close.

Jeremy Liew

Shares held through Lightspeed Opportunity Fund, L.P, Lightspeed Venture Partners Select II, L.P, Lightspeed Venture Partners Select, L.P belong to an outside shareholder this director represents; they are listed under "Board members representing outside shareholders", not here.

Director

312K

317K

no sales

Vesting, gifts, unvested awards and holding lines for Jeremy Liew

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Shares held through Lightspeed Opportunity Fund, L.P, Lightspeed Venture Partners Select II, L.P, Lightspeed Venture Partners Select, L.P belong to an outside shareholder this director represents; they are listed under "Board members representing outside shareholders", not here.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Class A Common Stock	312,398	316,632

Christa Quarles

Director

243K

130K

no sales

Vesting, gifts, unvested awards and holding lines for Christa Quarles

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Class A Common Stock	122,241	69,316
Direct	Class B Common Stock	120,890	60,445

Siphelele Jiyane

Minor difference of 361 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Chief Accounting Officer

214K

−52K

189K

88%

Vesting, gifts, unvested awards and holding lines for Siphelele Jiyane

+44Kshares vested or exercised

0gifted (net of own trusts)

−17Kwithheld by the company for taxes

68K → 24Kunvested awards, start → end

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Class A Common Stock	213,967	188,711

Reconciliation: minor difference of 361 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Katherine Adkins

Chief Legal Officer

123K

−83K

152K

not meaningful

Vesting, gifts, unvested awards and holding lines for Katherine Adkins

+136Kshares vested or exercised

0gifted (net of own trusts)

−24Kwithheld by the company for taxes

106K → 83Kunvested awards, start → end

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Class A Common Stock	123,486	152,439

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
7,680	$22.30	Sep 16, 2032	$383K
43,874	$23.35	Sep 13, 2033	$2.1M
55,946	$44.06	Sep 16, 2034	$1.6M

Estimate: options held × ($72.19 − strike price), using the most recent insider trade price on Form 4 (Sep 14, 2026), not a market close.

Michael Linford

President

49K

−179K

128K

not meaningful

Vesting, gifts, unvested awards and holding lines for Michael Linford

+282Kshares vested or exercised

0gifted (net of own trusts)

−24Kwithheld by the company for taxes

138K → 142Kunvested awards, start → end

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Class A Common Stock	48,583	127,770

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
354,651	$5.39	Aug 26, 2028	$23.7M
263,751	$49.00	Jan 11, 2031	$6.1M
127,877	$44.06	Sep 16, 2034	$3.6M

Estimate: options held × ($72.19 − strike price), using the most recent insider trade price on Form 4 (Sep 14, 2026), not a market close.

Jacqueline Reses

Director

45K

49K

no sales

Vesting, gifts, unvested awards and holding lines for Jacqueline Reses

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Class A Common Stock	45,222	49,456

Rodriquez Sanchez

Director

37K

40K

no sales

Vesting, gifts, unvested awards and holding lines for Rodriquez Sanchez

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Class A Common Stock	36,593	40,172

Noel Watson

Director

36K

−6K

34K

93%

Vesting, gifts, unvested awards and holding lines for Noel Watson

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Class A Common Stock	36,497	34,076

Keith Rabois

Most of this insider's holdings were last confirmed in 2023. Confirmed in the last three years: 29,343 shares. Not confirmed since: 75,000 shares, left out of this row. "Still held" is not shown because it would cover only the smaller, confirmed part.

Director

29K

see note

Vesting, gifts, unvested awards and holding lines for Keith Rabois

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Additional holdings last reported more than 3 years ago are shown separately and excluded from totals.
Shares held through Founders Fund Growth Principals Fund, LP, Founders Fund Growth, LP, Founders Fund VI Entrepreneurs Fund, LP and others belong to an outside shareholder this director represents; they are listed under "Board members representing outside shareholders", not here.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Class A Common Stock	29,343	29,343

Additional holdings last reported Apr 3, 2023, not confirmed since: 75,000 shares. Not included in any total or percentage on this page.

FF Affirm Growth, LLC, Class A Common Stock: 75,000 shares, last reported Apr 3, 2023

Brian Hughes

Director

20K

23K

no sales

Vesting, gifts, unvested awards and holding lines for Brian Hughes

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Class A Common Stock	19,776	23,355

Richard Galanti

Director

8.1K

12K

no sales

Vesting, gifts, unvested awards and holding lines for Richard Galanti

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Class A Common Stock	8,121	12,355

Robert O'Hare

Chief Financial Officer

−66K

2.7K

not meaningful

Vesting, gifts, unvested awards and holding lines for Robert O'Hare

+103Kshares vested or exercised

0gifted (net of own trusts)

−34Kwithheld by the company for taxes

296K → 276Kunvested awards, start → end

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Class A Common Stock	0	2,734

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
1,866	$41.80	Mar 2, 2032	$57K
17,023	$17.19	Jul 1, 2032	$936K
10,239	$22.30	Sep 16, 2032	$511K
48,526	$23.35	Sep 13, 2033	$2.4M
31,969	$44.06	Sep 16, 2034	$899K
21,294	$57.59	n/a	$311K

Estimate: options held × ($72.19 − strike price), using the most recent insider trade price on Form 4 (Sep 14, 2026), not a market close.

Ryan Schneider

Director

3.8K

no sales

Vesting, gifts, unvested awards and holding lines for Ryan Schneider

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Class A Common Stock	0	3,755

15 of 15 insiders fully reconciled: starting holdings plus reported transactions match ending holdings (14 exactly, 1 with a minor or footnoted difference). Percentages cover 9 of 15 officers and directors. Left out: Max Levchin (most holdings were last confirmed in 2021); Katherine Adkins and Michael Linford (most of their shares vested during the period, so a percentage would mislead); Keith Rabois (most holdings were last confirmed in 2023); Robert O'Hare and Ryan Schneider (held no vested shares at the start). "Still held" compares ending with starting vested shares; a plus sign means the holding grew.

What explains the selling$84.2M of sales by plan status, purpose, seller and month

Officer and director open-market sales: $84.2M across 1,053,414 shares. Plan status and stated purpose are separate questions, and a sale can have both.

By plan status

Disclosed plan · $80.4M · 96%

The lighter segment is sales with no plan disclosed in the filing ($3.8M), including tax-related sales outside a plan.

No plan disclosed · $3.8M

Sales with no 10b5-1 plan and no tax reference in the filing. $3.8M of it is Siphelele Jiyane. No plan disclosed is a statement about the filing, not about why the sale happened. Largest such sale: Siphelele Jiyane, Sep 14, 2026

Taxes

127,894 shares ($8.4M) were withheld by the company for taxes, which isn't a market sale.

Seller	Shares sold	Proceeds	Under a disclosed plan	Share of total	Sales dates
Max Levchin Chief Executive Officer, Director	667K	$53.7M	100%	64%	Jan 5, 2026 to Jan 5, 2026
Michael Linford President	179K	$15.1M	100%	18%	Jun 26, 2026 to Aug 28, 2026
Katherine Adkins Chief Legal Officer	83K	$6.1M	100%	7%	Sep 1, 2026 to Sep 3, 2026
Robert O'Hare Chief Financial Officer	66K	$5.0M	100%	6%	Dec 3, 2025 to Sep 2, 2026
Siphelele Jiyane Chief Accounting Officer	52K	$3.8M	0%	4%	Sep 4, 2026 to Sep 14, 2026
Noel Watson Director	6K	$396K	100%	0.5%	Apr 14, 2026 to Aug 12, 2026

Sales by month

Month	Sale proceeds	Disclosed plan	To cover taxes	No plan disclosed
Oct 2025	$0	$0	$0	$0
Nov 2025	$0	$0	$0	$0
Dec 2025	$573K	$573K	$0	$0
Jan 2026	$56.7M	$56.7M	$0	$0
Feb 2026	$0	$0	$0	$0
Mar 2026	$0	$0	$0	$0
Apr 2026	$110K	$110K	$0	$0
May 2026	$130K	$130K	$0	$0
Jun 2026	$8.0M	$8.0M	$0	$0
Jul 2026	$0	$0	$0	$0
Aug 2026	$7.3M	$7.3M	$0	$0
Sep 2026	$11.4M	$7.6M	$0	$3.8M
Oct 2026	$0	$0	$0	$0

Board members representing outside shareholders (2)Listed and sourced; not part of the management totals or the answer line

Directors whose reported holdings sit mostly in an investment fund or a corporate shareholder they represent, not in their own name, with beneficial ownership disclaimed except for their own financial interest. Listed and sourced here; not part of the management totals or the answer line. Shares a fund hands to its own investors are distributions, not sales.

Board member	Held Oct 8, 2025	Sold	Held Oct 8, 2026	Still held
Jeremy Liew ! Most of this insider's holdings were last confirmed in 2021. Confirmed in the last three years: 0 shares. Not confirmed since: 4,649,169 shares, left out of this row. "Still held" is not shown because it would cover only the smaller, confirmed part. Director	0	0	0	see note
Vesting, gifts, unvested awards and holding lines for Jeremy Liew 0shares vested or exercised 0gifted (net of own trusts) none reportedunvested awards, start → end Additional holdings last reported more than 3 years ago are shown separately and excluded from totals. Additional holdings last reported Jan 13, 2021, not confirmed since: 4,649,169 shares. Not included in any total or percentage on this page. Lightspeed Venture Partners Select, L.P, Class B Common Stock: 2,459,558 shares, last reported Jan 13, 2021 Lightspeed Opportunity Fund, L.P, Class B Common Stock: 1,254,623 shares, last reported Jan 13, 2021 Lightspeed Venture Partners Select II, L.P, Class B Common Stock: 934,988 shares, last reported Jan 13, 2021
Keith Rabois ! Most of this insider's holdings were last confirmed in 2023. Confirmed in the last three years: 0 shares. Not confirmed since: 1,994,676 shares, left out of this row. "Still held" is not shown because it would cover only the smaller, confirmed part. Director	0	0	0	see note
Vesting, gifts, unvested awards and holding lines for Keith Rabois 0shares vested or exercised 0gifted (net of own trusts) none reportedunvested awards, start → end Additional holdings last reported more than 3 years ago are shown separately and excluded from totals. Additional holdings last reported Apr 3, 2023, not confirmed since: 1,994,676 shares. Not included in any total or percentage on this page. Founders Fund Growth, LP, Class A Common Stock: 1,486,909 shares, last reported Apr 3, 2023 Founders Fund Growth Principals Fund, LP, Class A Common Stock: 60,429 shares, last reported Apr 3, 2023 Founders Fund Growth, LP, Class B Common Stock: 386,909 shares, last reported May 21, 2021 Founders Fund Growth Principals Fund, LP, Class B Common Stock: 60,429 shares, last reported May 21, 2021

Is this normal? Selling year by year4 earlier years to compare with

In line with the past 4 years. 6 insiders sold; the average is 6 a year.

12 months ending	Shares sold	Insiders who sold	Proceeds
Oct 8, 2026 Latest 12 months	1.05M	6	$84.2M
Oct 8, 2025 1 year earlier	3.48M	9	$261M
Oct 8, 2024 2 years earlier	338K	5	$15.1M
Oct 9, 2023 3 years earlier	104K	1	$1.5M
Oct 9, 2022 4 years earlier	737K	8	$107M
Oct 9, 2021 5 years earlier · filings don't cover the whole year	491K	6	$43.9M

Open-market sales (Form 4 code S) by people who were officers or directors, in split-adjusted shares. Earlier years include people who have since left. A sale that an outside holder also reports (a family trust, a fund) is counted with outside holders in every year. Shares, not dollars, are compared, so a change in the stock price doesn't look like a change in selling. Years the filings don't fully cover are shown but left out of the average.

Known gaps and uncertaintyEvery officer and director reconciles

Every officer and director reconciles for this period.

Siphelele Jiyane: minor difference of 361 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Inferred rename: "SGMP" is treated as the same holder as "Spark Growth Management Partners, LLC", because the old name was never reported again and the new one opened with the same balance (2,035,521 shares). Old name, new name

Inferred rename: "SGMP III" is treated as the same holder as "Spark Growth Management Partners III, LLC", because the old name was never reported again and the new one opened with the same balance (9,687 shares). Old name, new name

Inferred rename: "Represents a change in the form of ownership of Spark Capital Partners, LLC" is treated as the same holder as "Spark Capital Parters, LLC", because the old name was never reported again and the new one opened with the same balance (12,572 shares). Old name, new name

Inferred rename: "Founders Fund Affirm Growth, LLC" is treated as the same holder as "FF Affirm Growth, LLC", because the old name was never reported again and the new one opened with the same balance (75,000 shares). Old name, new name

Inferred rename: "Khosla Ventures IV" is treated as the same holder as "Khosla Ventures IV (CF), L.P", because the old name was never reported again and the new one opened with the same balance (417,504 shares). Old name, new name

Inferred rename: "Khosla Ventures IV, L.P" is treated as the same holder as "Khosla Ventures IV, LP", because the old name was never reported again and the new one opened with the same balance (6,600,963 shares). Old name, new name

Inferred rename: "Khosla Ventures IV (CF), L.P" is treated as the same holder as "KV IV", because the old name was never reported again and the new one opened with the same balance (422,011 shares). Old name, new name

External context: we only cite outside events when a documented connection exists. None is shown for this period.

Sources and methodology490 filings from SEC EDGAR, and how we read them

All 490 Forms 3, 4 and 5 filed for Affirm (SEC CIK 1820953) from Jan 13, 2021 to Sep 18, 2026, retrieved from SEC EDGAR on Oct 8, 2026. Prices are the ones reported in each filing, often weighted averages.

Holdings. Each holding line (a share class plus an owner, such as a trust or LLC) carries its last reported balance forward. Entities first reported during the period start at zero, so transfers between an insider's own trusts don't count as selling. Lines not reported for three years or more are listed separately and left out of totals.

Sales. A sale counts as under a 10b5-1 plan if its footnote cites one or the filing's Rule 10b5-1 box is checked, and as tax-related if its footnote cites tax obligations or sell-to-cover. Shares withheld by the company for taxes are listed separately. Sales with neither attribute are labeled "no plan disclosed".

Full methodology

Former or inactive filers (12)No filing in 18 months; last reported balances, not in any total

Name	Last filed	Last reported balance
GIC Private Ltd	Dec 13, 2023	24,522,024 shares, last reported balance as of Dec 11, 2023
James White	Dec 6, 2023	37,238 shares, last reported balance as of Dec 4, 2023
Jenny Ming	Dec 8, 2022	28,777 shares, last reported balance as of Dec 6, 2022
Silvija Martincevic	Jun 3, 2022	36,299 shares, last reported balance as of Jun 1, 2022
Jeremy Philips	Nov 22, 2021	770,380 shares, last reported balance as of Nov 18, 2021
Jeremy Philips	Nov 22, 2021	75,000 shares, last reported balance as of Nov 18, 2021
del Caro	Jul 1, 2021	57,551 shares, last reported balance as of Jun 30, 2021
Sandeep Bhandari	Jun 3, 2021	109,227 shares, last reported balance as of Jun 1, 2021
Founders Fund V Management, LLC	May 25, 2021	18,163,300 shares, last reported balance as of Jan 15, 2021
Khosla Ventures IV, L.P.	Mar 4, 2021	12,998,858 shares, last reported balance as of Mar 2, 2021
SHOPIFY INC.	Jan 22, 2021	20,297,594 shares, last reported balance as of Jan 13, 2021
Barry Eggers	Jan 14, 2021	18,740,466 shares, last reported balance as of Jan 13, 2021

Affirm insiders sold $84.2M in the past 12 months. How much of their stake is that?

What stands out

Who sold, and how much of their stake

Selling by month

Outside holders, reported separately

Common questions

Is the Affirm CEO selling stock?

Why are Affirm insiders selling?

Are any Affirm insiders buying?

How much of their stake did Affirm insiders sell?

The evidence

No plan disclosed · $3.8M

Taxes

Sales by month