Derrick Walsh - Mar 15, 2025 Form 4 Insider Report for Axos Financial, Inc. (AX)

Role
EVP, Chief Financial Officer
Signature
By: Andrew J Micheletti For: Derrick K. Walsh
Stock symbol
AX
Transactions as of
Mar 15, 2025
Transactions value $
$100,706
Form type
4
Date filed
3/18/2025, 05:45 PM
Previous filing
Sep 25, 2024
Next filing
Mar 21, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AX Common Stock Options Exercise $127K +1.99K +5.19% $63.94 40.3K Mar 15, 2025 Direct F1
transaction AX Common Stock Options Exercise $103K +1.62K +4.01% $63.94 41.9K Mar 15, 2025 Direct F1
transaction AX Common Stock Disposed to Issuer -$74.2K -1.16K -2.77% $63.94 40.8K Mar 15, 2025 Direct F2
transaction AX Common Stock Disposed to Issuer -$55.6K -870 -2.13% $63.94 39.9K Mar 15, 2025 Direct F2
holding AX Common Stock 2.74K Mar 15, 2025 401(k) Plan

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AX Restricted Stock Units Options Exercise $0 -1.99K -9.98% $0.00 17.9K Mar 15, 2025 Common Stock 1.99K Direct F3, F4, F5
transaction AX Restricted Stock Units Options Exercise $0 -1.62K -9.03% $0.00 16.3K Mar 15, 2025 Common Stock 1.62K Direct F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Common Stock issued on March 15, 2025 following the vesting of Restricted Stock Units (RSUs) which vest one-third each year. The RSUs were previously granted to the reporting person under the Axos Financial, Inc. 2014 Amended and Restated 2014 Stock Incentive Plan in connection with the reporting person's employment agreement as Chief Financial Officer.
F2 Represents shares of Common Stock retained by Axos Financial, Inc. for tax withholding purposes in connection with the net-settlement on the issuance of shares of Common Stock in respect to the vested RSUs.
F3 The RSUs were granted to the reporting person under the Axos Financial, Inc. 2014 Stock Incentive Plan in connection with the reporting person's employment agreement as Chief Financial Officer.
F4 Each RSU represents a contingent right to receive one share of Axos Financial, Inc. Common Stock.
F5 The RSUs vest as to one-third of the shares on each anniversary date of grant.