Gregory Garrabrants - 30 Jun 2025 Form 4 Insider Report for Axos Financial, Inc. (AX)

Role
President and CEO, Director
Signature
By: Derrick Walsh For: Gregory Garrabrants
Issuer symbol
AX
Transactions as of
30 Jun 2025
Transactions value $
-$11,185,560
Form type
4
Filing time
01 Jul 2025, 17:44:48 UTC
Previous filing
15 Nov 2024
Next filing
08 Sep 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Garrabrants Gregory President and CEO, Director 9205 WEST RUSSELL ROAD, SUITE 400, LAS VEGAS By: Derrick Walsh For: Gregory Garrabrants 01 Jul 2025 0001419425

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AX Common Stock Options Exercise $20.8M +273K +20.45% $76.04 1.61M 30 Jun 2025 Direct F1
transaction AX Common Stock Tax liability -$11.2M -147K -9.14% $76.04 1.46M 30 Jun 2025 Direct F2
holding AX Common Stock 2.89K 30 Jun 2025 401(k) Plan
holding AX Common Stock 171K 30 Jun 2025 by Trust

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 -$20.8M -273K -40.52% $76.04 401K 30 Jun 2025 Common Stock 273K Direct F3, F4
* 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 June 30, 2025 following the vesting of Restricted Stock Units ("RSUs") which vest one-fourth each year. The RSUs were previously granted to the reporting person under the Axos Financial, Inc. 2014 Stock Incentive Plans in connection with the reporting person's employment agreement as President and Chief Executive 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 Plans in connection with the reporting person's employment agreement as President and Chief Executive Officer. Each RSU represents a contingent right to receive one share of Axos Financial, Inc. Common Stock. The RSUs are accompanied by dividend equivalent rights.
F4 The RSUs vest over four years, one-fourth on each fiscal year-end following the date of grant.