Skip to content
sellModerate cluster of 310b5-1 plan

Libor Michalek sold $12M of AFRM

President at Affirm Holdings, Inc.. 188,952 shares at an average of $65.10, traded Nov 20, 2024, filed Nov 22, 2024.

Warning score
45
Value
$12M
188,952 shares
Holdings after
159,449
-80% from before
From 52-week low
-
no price yet
From 52-week high
-
no price yet

Score components

  • Role
    President
    +20
  • Trade size
    $12.3M at market
    +25
  • Share of holdings sold
    Sold 80% of holdings
    +20
  • Cluster
    3 insiders selling within 14 days
    +15
  • Exercise and sell
    Shares came from an option exercise in the same filing
    -15
  • 10b5-1 plan
    Pre-scheduled under a 10b5-1 plan
    -20

What happened after comparable sells

Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.

This signal so far: 1m -1.4%, 3m +3.0%, 6m -25.9%.

Price around the trade, and since

From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.

AFRMOct 9, 2026 · close 80.70
Since filing Nov 22, 2024: +21.3%SPY +33.8% · excess -12.5%

Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™

Rows in this filing

Every transaction in Form 4 0001628280-24-049046, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Nov 20, 2024MOption exercise
Class A Common Stock10b5-1
+77,105$2.04$157k236,554Nov 22, 2024
Nov 20, 2024SOpen-market sale
Class A Common Stock10b5-1
-77,105$64.08$4.9M159,449Nov 22, 2024
Nov 21, 2024MOption exercise
Class A Common Stock10b5-1
+11,847$2.04$24k171,296Nov 22, 2024
Nov 21, 2024MOption exercise
Class A Common Stock10b5-1
+100,000$8.80$880k271,296Nov 22, 2024
Nov 21, 2024SOpen-market sale
Class A Common Stock10b5-1
-11,847$64.00$758k259,449Nov 22, 2024
Nov 21, 2024SOpen-market sale
Class A Common Stock10b5-1
-100,000$66.01$6.6M159,449Nov 22, 2024
Nov 20, 2024MOption exercise
Stock Option (Right to Buy)derivative10b5-1
-77,105$0.00$011,847Nov 22, 2024
Nov 21, 2024MOption exercise
Stock Option (Right to Buy)derivative10b5-1
-11,847$0.00$00Nov 22, 2024
Nov 21, 2024MOption exercise
Stock Option (Right to Buy)derivative10b5-1
-100,000$0.00$0500,000Nov 22, 2024

Related signals

Other insiders at Affirm Holdings, Inc. and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
60Notable
AFRMsell 3
Affirm Holdings, Inc.
Siphelele Jiyane
Chief Accounting Officer
$1.9M
26,980 shares
-13%
60Notable
AFRMsell 4
Affirm Holdings, Inc.
Siphelele Jiyane
Chief Accounting Officer
$1.8M
25,000 shares
-10%
30Weak
AFRMsell 410b5-1
Affirm Holdings, Inc.
Katherine Adkins
Chief Legal Officer
$6.1M
83,328 shares
-43%
47Moderate
AFRMsell 410b5-1
Affirm Holdings, Inc.
Robert O'Hare
Chief Financial Officer
$1.6M
21,631 shares
-89%
35Weak
AFRMsell 410b5-1
Affirm Holdings, Inc.
Michael Linford
Chief Operating Officer
$7.1M
79,219 shares
-40%
40Moderate
AFRMsell 210b5-1
Affirm Holdings, Inc.
Robert O'Hare
Chief Financial Officer
$2.9M
36,401 shares
-96%
43Moderate
AFRMsell 210b5-1
Affirm Holdings, Inc.
Max R Levchin
Chief Executive Officer
$54M
666,666 shares
-100%
41Moderate
AFRMsell10b5-1
Affirm Holdings, Inc.
Robert O'Hare
Chief Financial Officer
$573k
8,189 shares
-86%
43Moderate
AFRMsell 210b5-1
Affirm Holdings, Inc.
Max R Levchin
Chief Executive Officer
$58M
651,713 shares
-100%
55Moderate
AFRMsell 3
Affirm Holdings, Inc.
Siphelele Jiyane
Chief Accounting Officer
$1.1M
12,500 shares
-6%

Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.

Libor Michalek sold $12M of AFRM | InsiderTell