Filed with the SEC on · accession 0001628280-26-059271
AFRM filed a 8-K (current report) with the SEC on Aug 27, 2026. Affirm Holdings appointed Michael Linford, formerly COO and prior CFO, as President effective August 27, 2026, expanding his oversight to legal, compliance, public affairs, revenue and global markets. The stock moved +1.3% by the first close after the filing.
Affirm Holdings appointed Michael Linford, formerly COO and prior CFO, as President effective August 27, 2026, expanding his oversight to legal, compliance, public affairs, revenue and global markets. Libor Michalek continues as President overseeing engineering, risk, operations, product and design, and both report to CEO Max Levchin.
Close before
$76.46
Aug 26, 2026
First close after
+1.35%
$77.49
5 trading days
-3.10%
$74.09
Since filing
-10.92%
$68.11
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Click hereAFRM filed a 8-K (Executive departure). Affirm Holdings appointed Michael Linford, formerly COO and prior CFO, as President effective August 27, 2026, expanding his oversight to legal, compliance, public affairs, revenue and global markets. Libor Michalek continues as President overseeing engineering, risk, operations, product and design, and both report to CEO Max Levchin.
Not always. A planned retirement with a successor is usually calm; a sudden departure “effective immediately”, especially of a CFO or near results, often worries investors.
A report of a major event, filed within four business days: results, deals, leadership changes, bankruptcy and more. The "Item" number tells you the topic (e.g. 2.02 results, 5.02 executive change, 1.01 new agreement, 1.03 bankruptcy). Exhibits (99.1 press release) usually hold the details.
Public companies must tell the SEC about anything that can change their value — results, leadership changes, big deals, new shares, bankruptcy. Filings are the official source, often before the news. A 8-K (current report): A report of a major event, filed within four business days: results, deals, leadership changes, bankruptcy and more.
AFRM closed at $76.46 before the filing and $77.49 on Aug 27, 2026 (+1.35%). Five trading days later: $74.09 (-3.10%).
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