President and Director · Affirm Holdings, Inc. (AFRM)

Libor Michalek

A named executive officer of Affirm in every fiscal year CompBrief holds from FY2020 to FY2025. Every figure below is printed as the company filed it and cited to the filing it came from.

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Total disclosed compensation, FY2025

$8,570,323

FY2024: $8,339,438

2nd of 5 named executive officers at Affirm by FY2025 total.

5 named officers on file for Affirm, FY2025

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What this number hides

The filing gives the total. Affirm’s full Executive Compensation Report gives every award, the disclosed peer set and what the total leaves out — the pair adds the board’s.

Compensation figures as of the proxy filed October 24, 2025 (DEF 14A). Insider transactions since that proxy, current to 2026-11-07.

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Libor Michalek compensation by year

Affirm Summary Compensation Table · all 7 fiscal years held
In US dollars, as Affirm reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2020FY2021FY2022FY2023FY2024FY2025FY2026
Salary$373,333$431,667$470,000$475,000$475,000$500,000$500,000
Bonus$0$0$0$0$0$0$0
Stock awards$0$3,220,073$0$2,499,986$0$3,749,991$7,999,832
Option awards$1,906,680$9,736,383$6,499,994$2,499,998$7,399,995$3,749,972$0
Non-equity incentive$0$203,496$377,351$0$464,443$562,860$553,640
Pension and deferred compensation$0$0$0$0$0$0$0
All other$0$0$0$0$0$7,500$7,500
Total$2,280,013$13,591,619$7,347,345$5,474,984$8,339,438$8,570,323$9,060,972

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: Affirm Holdings, Inc. DEF 14A filed October 24, 2025, accession 0001628280-25-046264, and prior-year filings. Open the filing on EDGAR.

How this page was built: the Affirm Holdings, Inc. filed document, accession 0001628280-25-046264. Every figure is read from that document and cited to the page and table it appears in. Filed October 24, 2025.

$2.3M
$13.6M
$7.3M
$5.5M
$8.3M
$8.6M
$9.1M
FY20
FY21
FY22
FY23
FY24
FY25
FY26
SalaryNon-equity incentiveStock awardsOption awardsAll other

Equity holdings

unvested awards at FY2026 year-end
TypeUnvested unitsValue at year-endExercise price
RSU47,875$3,904,206—
PSU44,488$3,627,996—
RSU33,366$2,720,997—
RSU7,009$571,584—
Option12,800—$22.30
Option67,436—$44.06

Per the Outstanding Equity Awards at Fiscal Year-End table in Affirm Holdings, Inc.'s FY2026 proxy; value at the fiscal year-end close, as the company printed it.

Insider transactions since the last proxy

42 Form 4 lines since the FY2025 proxy (filed October 24, 2025)
current to 2026-11-07 · updated nightly
DateTransactionPlanSharesPriceHeld after
2026-09-16Grant or award derivative—67,006$0.0067,006
2026-09-01Exercise or conversion derivative—3,707$0.0029,659
2026-09-01Exercise or conversion—11,364$0.00236,261
2026-09-01Tax withholding—5,784$69.94230,477
2026-09-01Exercise or conversion derivative—2,338$0.000
2026-09-01Exercise or conversion derivative—5,319$0.0042,556
2026-08-01Exercise or conversion—2,335$0.00226,086
2026-08-01Tax withholding—1,189$71.51224,897

The 8 most recent of 42 lines, each as reported on the Form 4. "10b5-1" marks a trade the filing reports under a pre-arranged trading plan. View every Form 4 filing on EDGAR →

Change-in-control & termination

estimated payments Affirm discloses, by trigger · FY2026
TriggerCash severanceAccelerated equityBenefits continuationTotal as disclosed
Change in control and involuntary termination$900,000$22,471,033$40,089$23,411,122
Death$553,640$12,085,512$40,089$12,679,241
Disability$553,640$12,085,512$40,089$12,679,241

Per the Potential Payments Upon Termination or Change in Control table in Affirm Holdings, Inc.'s FY2026 proxy. Estimates as the company printed them; a dash means it printed no figure.

Affirm’s named executive officers, FY2025

as the company reported each
Named executive officerRoleFY2025 total
Michael LinfordChief Operating Officer$9,070,340
Libor Michalek · this pagePresident and Director$8,570,323
Rob O'HareChief Financial Officer$6,415,357
Katherine AdkinsChief Legal Officer and Chief Compliance Officer$4,337,397
Max LevchinFounder, CEO and Chairman of the Board of Directors$538,307

Board service

Affirm board · FY2021–FY2026

How this board is paid

Company policy: Affirm pays directors a $55,000 cash retainer and $235,000 in RSUs. As stated in Affirm's FY2026 proxy.

The full Affirm compensation record

free company brief

This page is one person within Affirm's record. The company brief lists every named executive, each linking to their own page.

Peer companies

named in the Affirm proxy · each links to its own free brief

Compensation, the day it’s disclosed

The CompBrief Daily Digest lists the newest executive and director compensation disclosures as companies file them. Or order Affirm's full Executive Compensation Report with peer benchmarking.

How this record is built

Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are Affirm's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.

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Libor Michalek's compensation dossier