Michael Linford compensation by year
Affirm Summary Compensation Table · all 4 fiscal years held| Component | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|
| Salary | $457,500 | $475,000 | $475,000 | $500,000 |
| Bonus | — | $0 | $0 | $0 |
| Stock awards | — | $2,499,986 | $0 | $3,999,987 |
| Option awards | $6,499,994 | $2,499,998 | $7,399,995 | $3,999,993 |
| Non-equity incentive | $367,315 | $0 | $464,443 | $562,860 |
| Pension and deferred compensation | — | $0 | $0 | $0 |
| All other | — | $0 | $0 | $7,500 |
| Total | $7,324,809 | $5,474,984 | $8,339,438 | $9,070,340 |
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.
Equity holdings
unvested awards at FY2025 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| RSU | 90,785 | $6,276,875 | — |
| RSU | 35,035 | $2,422,320 | — |
| RSU | 6,613 | $457,223 | — |
| Option | 127,877 | — | $44.06 |
| Option | 26,036 | — | $49.00 |
| Option | 63,987 | — | $22.30 |
| Option | 258,542 | — | $23.35 |
Per the Outstanding Equity Awards at Fiscal Year-End table in Affirm Holdings, Inc.'s FY2025 proxy; value at the fiscal year-end close, as the company printed it.
Insider transactions since the last proxy
52 Form 4 lines since the FY2025 proxy (filed October 24, 2025)current to 2026-09-24 · updated nightly
| Date | Transaction | Plan | Shares | Price | Held after |
|---|---|---|---|---|---|
| 2026-09-16 | Grant or award derivative | — | 67,006 | $0.00 | 67,006 |
| 2026-09-01 | Exercise or conversion | — | 11,719 | $0.00 | 132,432 |
| 2026-09-01 | Exercise or conversion derivative | — | 2,338 | $0.00 | 0 |
| 2026-09-01 | Tax withholding | — | 4,662 | $69.94 | 127,770 |
| 2026-09-01 | Exercise or conversion derivative | — | 3,707 | $0.00 | 29,659 |
| 2026-09-01 | Exercise or conversion derivative | — | 5,674 | $0.00 | 45,393 |
| 2026-08-28 | Exercise or conversion derivative | 10b5-1 | 79,219 | $0.00 | 354,651 |
| 2026-08-28 | Exercise or conversion | 10b5-1 | 79,219 | $5.39 | 199,932 |
The 8 most recent of 52 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 · FY2025| Trigger | Cash severance | Accelerated equity | Benefits continuation | Total as disclosed |
|---|---|---|---|---|
| Change in control and resignation for good reason | $900,000 | $27,723,727 | $35,907 | $28,659,634 |
| Death | — | $15,496,583 | $35,907 | $16,095,350 |
| Change in control and involuntary termination | $900,000 | $27,723,727 | $35,907 | $28,659,634 |
| Change in control, no termination | — | — | — | $562,860 |
| Involuntary termination without cause | $250,000 | — | $17,953 | $267,953 |
| Disability | — | $15,496,583 | $35,907 | $16,095,350 |
Per the Potential Payments Upon Termination or Change in Control table in Affirm Holdings, Inc.'s FY2025 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 officer | Role | FY2025 total |
|---|---|---|
| Michael Linford · this page | Chief Operating Officer | $9,070,340 |
| Libor Michalek | President and Director | $8,570,323 |
| Rob O'Hare | Chief Financial Officer | $6,415,357 |
| Katherine Adkins | Chief Legal Officer and Chief Compliance Officer | $4,337,397 |
| Max Levchin | Founder, CEO and Chairman of the Board of Directors | $538,307 |
The full Affirm compensation record
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Compensation, the day it’s disclosed
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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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