Form 8-K · Current Report · Filed 2026-08-27
Affirm Holdings Appoints New President
On August 25, 2026, Affirm Holdings, Inc. announced the appointment of Michael Linford as President, effective August 27, 2026. Linford, who previously served as Chief Operating Officer and Chief Financial Officer, will now oversee additional functions including legal, compliance, public affairs, revenue, and global markets. The company also disclosed its financial results for the fourth fiscal quarter ended June 30, 2026, with details provided in a Shareholder Letter. This appointment did not result in any changes to Linford's compensation arrangements.
- Filer
- Affirm Holdings Inc. AFRM · NASDAQ
- Filed
- Accession
- 0001628280-26-059271
- CIK
- 0001820953
- Signal
- Medium impactTechnology
- Source
- Official filing on sec.gov ↗
Items reported
Reported Item
Market reaction
Close before filing
$76.46
Next session
+1.7%
Since filing
+1.7%
Latest close
$77.76
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from AFRM reporting the same item, with the next session's move:
Insider tape
Within 45 days of this filing, AFRM insiders reported 10 Form 4 transactions — net selling of $355K.
About Affirm Holdings Inc.
Affirm Holdings Inc. is a financial technology company that offers a flexible and transparent alternative to traditional credit. Its primary function is to provide consumers with installment loans at the point of sale to finance purchases. This service allows customers to split the cost of large purchases into manageable payments over time, often without hidden fees or compounding interest, which is a distinctive feature in the credit space. Affirm is widely used in e-commerce sectors, partnering with a vast array of retailers to simplify the purchasing process online. Founded in 2012 and headquartered in San Francisco, California, Affirm leverages advanced data analytics to perform credit checks and approve loans quickly, positioning itself as a leader in the "buy now, pay later" market. Through these partnerships, retailers can increase their conversion rates by providing shoppers with more purchasing options, thus enhancing customer satisfaction. As a prominent player in the fintech industry, Affirm Holdings Inc. significantly influences consumer spending behaviors, impacting sectors ranging from retail and travel to wellness and automotive services.
Never miss another AFRM filing
Profitelligence watches EDGAR around the clock and alerts you within seconds.