Affirm Holdings AFRM Insider Ownership

Updated Oct 5, 2026

Across the past 12 months, open-market trades by Affirm Holdings insiders were all sales, totaling $84.17 million (1.05Mn shares).

• Behind Affirm Holdings' open-market sales in the past 12 months were 6 insiders, and no insider bought.
• Max R. Levchin (Chief Executive Officer) was the top open-market seller of Affirm Holdings over the past 12 months, with $53.75 million sold (666.67K shares) and the latest sale on January 5, 2026.
• The latest open-market trade on record is a sale of 26.98K shares for $1.95 million by Siphelele Jiyane (Chief Accounting Officer) on September 14, 2026.
• In transactions other than open-market trades, Affirm Holdings insiders received 7.33K shares in stock awards, acquired 1.34Mn shares through option exercises and conversions and gave up 127.89K shares to cover taxes or exercise prices over the past 12 months.
• Business Quant data shows Affirm Holdings insiders holding 3.7Mn shares in total in their latest Form 4 filings, or 1.10% of the 335.16Mn shares outstanding; that total is down 0.88% from 3.73Mn shares at the end of Q2 2026.
• Direct holdings account for 1.34Mn shares (36.28%) of AFRM's insider total, and indirect holdings through trusts, partnerships and family members for 2.36Mn shares (63.72%).
• AFRM's insider total is spread across 14 insiders who have filed a Form 4 in the past two years.
• Affirm Holdings' three biggest insider holders are Keith Rabois (Director, 1.52Mn shares), Libor Michalek (President, 1.1Mn shares) and Jeremy Liew (Director, 316.63K shares), based on their latest Form 4 filings.
• The largest insider, Keith Rabois, holds 41.02% of AFRM's insider total.
• Institutional investors owned 78.16% of AFRM shares as of Q2 2026, per their 13F filings.
• In the last 12 months, 71 Form 4 filings with transactions in AFRM stock came from 14 insiders.
• These insider figures for Affirm Holdings are based on Form 4 filings through September 18, 2026.