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Affirm8-K: CEO change

Affirm ties CEO's new 3-year equity award to specific revenue and income growth metrics

What happened

CEO Max Levchin's new performance stock unit grant is contingent on growth in 'revenue less transaction costs' and 'adjusted operating income'.

Source

SEC EDGARJan 16, 2026

Current report (Form 8-K)

Affirm 8-K

Filing excerpt

On January 13, 2026, at the recommendation of its Compensation Committee (the “Committee”), the Board of Directors of Affirm Holdings, Inc. (the “Company”) approved the grant of an equity award under the Company’s Amended and Restated 2012 Stock Plan (the “Plan”) consisting of performance stock units (“PSUs”) that vest into shares of the Company’s Class A Common Stock, par value $0.00001 per share (the “Class A Common Stock”), to Max Levchin, its Founder and Chief Executive Officer.

sec.gov/Archives/edgar/data/1820953/000162828026002442/afrm-20260113.htmRead the full source

Other signals in this filing (1)

Extracted by Autobound

From the Signal API record
Signal
8-K: CEO change

What this signalsA new leader often reviews the tools the team uses.

Form
8-K
Filed
Jan 16, 2026

The full record

From the Signal API record

Numbers

Percent
50% (Weighting of 'revenue less transaction costs' and 'adjusted operating income' in the CEO's new performance stock unit calculation.)

Details

CIK
1820953
Accession number
0001628280-26-002442
Timeframe
Current quarter
Filing year
2026
Why it matters
Full vendor review - highest priority
Signal category
Leadership

Extraction

Confidence
High
Relevance
75%
Sentiment
Positive
Detected
Feb 3, 2026
signal_type
sec-8k
signal_subtype
ceoChange

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The API returns more than this page shows

This page shows a preview. The full sec-8k record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/5dfe8916-2ac5-4c01-98eb-528823b36d07 returns this record as JSON. POST /v1/companies/enrich returns every signal for affirm.com.

{
  "signal_id": "5dfe8916-2ac5-4c01-98eb-528823b36d07",
  "signal_type": "sec-8k",
  "signal_subtype": "ceoChange",
  "detected_at": "2026-02-03T13:17:49.108+00:00",
  "company": {
    "name": "Affirm",
    "domain": "affirm.com"
  },
  "data": {
    "detail": "CEO Max Levchin's new performance stock unit grant is contingent on growth in 'revenue less transaction costs' and 'adjusted operating income'. This creates a strong, immediate incentive to improve profitability and operational efficiency, opening opportunities for vendors who can directly impact these specific financial metrics.",
    "metrics": {
      "pct": 0.5,
      "timeframe": "current_quarter",
      "pct_context": "Weighting of 'revenue less transaction costs' and 'adjusted operating income' in the CEO's new performance stock unit calculation."
    },
    "summary": "Affirm ties CEO's new 3-year equity award to specific revenue and income growth metrics",
    "excerpts": "On January 13, 2026, at the recommendation of its Compensation Committee (the “Committee”), the Board of Directors of Affirm Holdings, Inc. (the “Company”) approved the grant of an equity award under the Company’s Amended and Restated 2012 Stock Plan (the “Plan”) consisting of performance stock units (“PSUs”) that vest into shares of the Company’s Class A Common Stock, par value $0.00001 per share (the “Class A Common Stock”), to Max Levchin, its Founder and Chief Executive Officer.",
    "relevance": 0.75,
    "sentiment": "positive",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/1820953/000162828026002442/afrm-20260113.htm",
    "filing_date": "2026-01-16",
    "filing_year": 2026,
    "sales_relevance": "Full vendor review - highest priority",
    "signal_category": "leadership"
  }
}

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