ML
Max R Levchin
Chief Executive OfficerDirector10% Owner

Max R Levchin insider trades: Affirm Holdings (AFRM) stock buys and sales

Chief Executive Officer, Affirm Holdings Last trade Jan 5, 2026 71 Form 4 filings
$53.7M
Sold, last 12 months
1 sale
$0
Bought, last 12 months
0 buys
89
Open-market trades
since 2012
4
Companies
last trade 2026

Trades on the price chart

Daily close, with an arrow on each day they bought or sold

Companies

Where Max reports to the SEC

Open-market buys and sales

89 trades reported on SEC Form 4, newest first

DateStockTypeValue
Jan 5, 2026AFRM↓ Sell10b5-1$53.7M
Oct 24, 2025KO↑ Buy$999K
Sep 22, 2025AFRM↓ Sell10b5-1$58.2M
Aug 28, 2025AFRM↓ Sell10b5-1$40.0M
Aug 22, 2025AFRM↓ Sell10b5-1$13.4M
Aug 18, 2025AFRM↓ Sell10b5-1$1.2M
Feb 13, 2015YELP↓ Sell$10.6M
Dec 23, 2013YELP↓ Sell$1.6M
Dec 23, 2013YELP↓ Sell$791K
Dec 16, 2013YELP↓ Sell$1.5M
Dec 16, 2013YELP↓ Sell$761K
Dec 9, 2013YELP↓ Sell$1.5M
Dec 9, 2013YELP↓ Sell$745K
Dec 2, 2013YELP↓ Sell$1.4M
Dec 2, 2013YELP↓ Sell$707K
Nov 25, 2013YELP↓ Sell$1.4M
Nov 25, 2013YELP↓ Sell$726K
Nov 18, 2013YELP↓ Sell$1.6M
Nov 18, 2013YELP↓ Sell$825K
Nov 11, 2013YELP↓ Sell$1.5M
Nov 11, 2013YELP↓ Sell$733K
Nov 4, 2013YELP↓ Sell$1.6M
Nov 4, 2013YELP↓ Sell$782K
Oct 28, 2013YELP↓ Sell$1.6M
Oct 28, 2013YELP↓ Sell$803K
Oct 21, 2013YELP↓ Sell$1.7M
Oct 21, 2013YELP↓ Sell$871K
Oct 14, 2013YELP↓ Sell$1.5M
Oct 14, 2013YELP↓ Sell$774K
Oct 7, 2013YELP↓ Sell$1.7M
Oct 7, 2013YELP↓ Sell$837K
Sep 30, 2013YELP↓ Sell$1.5M
Sep 30, 2013YELP↓ Sell$771K
Sep 23, 2013YELP↓ Sell$1.6M
Sep 23, 2013YELP↓ Sell$776K
Sep 16, 2013YELP↓ Sell$1.5M
Sep 16, 2013YELP↓ Sell$753K
Sep 9, 2013YELP↓ Sell$1.5M
Sep 9, 2013YELP↓ Sell$735K
Sep 3, 2013YELP↓ Sell$1.2M
Sep 3, 2013YELP↓ Sell$618K
Aug 26, 2013YELP↓ Sell$1.2M
Aug 26, 2013YELP↓ Sell$600K
Aug 19, 2013YELP↓ Sell$1.2M
Aug 19, 2013YELP↓ Sell$582K
Aug 12, 2013YELP↓ Sell$1.2M
Aug 12, 2013YELP↓ Sell$606K
Aug 5, 2013YELP↓ Sell$1.3M
Aug 5, 2013YELP↓ Sell$664K
Jul 29, 2013YELP↓ Sell$971K

Each row is one filing's trades in one stock, summed. Shares and prices are as filed, before any later stock split.

Other AFRM insiders

Open-market trades in the last 12 months

About Max R Levchin's insider trades

Max R Levchin is Chief Executive Officer at Affirm Holdings (AFRM). Since Dec 4, 2012, Max has reported 1 open-market purchase worth $999K and 88 sales worth $266.4M on SEC Form 4. In the last 12 months: 1 sale ($53.7M).

5 sales (63% of the value sold) were made under a Rule 10b5-1 trading plan, which is set up months in advance and runs on a schedule, so they say little about how the insider sees the stock today.

Their filings also include conversions (47 filings), grants and awards (19 filings), option exercises (5 filings), other transactions (1 filing). These aren't open-market trades and aren't counted above.

How to read insider trades

Officers, directors and owners of more than 10% of a company must report trades in its stock on SEC Form 4, usually within two business days. Purchases with their own money are the stronger signal: insiders sell for many reasons (taxes, diversification, a house), but buy for one. See every AFRM insider trade, the latest insider trades across the market, or cluster buys, when several insiders buy the same stock within days.