Arxis (ARXS) director adds 10,000 IPO program shares and RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Arxis, Inc. director ALLEN PATRICK E increased his direct stake in the company. He made an open-market purchase of 10,000 shares of Class A Common Stock at $28.00 per share on April 17, 2026, bringing his direct holdings to 15,357 shares after the transaction.
He also received a grant of 5,357 restricted stock units, which will vest on the first anniversary of the grant date. The purchased shares were acquired through the directed share program conducted in connection with Arxis, Inc.'s initial public offering.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 10,000 shares ($280,000)
Net Buy
2 txns
Insider
ALLEN PATRICK E
Role
null
Bought
10,000 shs ($280K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 5,357 | $0.00 | -- |
| Purchase | Class A Common Stock | 10,000 | $28.00 | $280K |
Holdings After Transaction:
Class A Common Stock — 5,357 shares (Direct, null)
Footnotes (1)
- Represents an award of restricted stock units which will vest on the first anniversary of the grant date. Represents shares of Class A Common Stock purchased by the Reporting Person through the directed share program conducted in connection with the Issuer's initial public offering.
Key Figures
Open-market purchase: 10,000 shares at $28.00
RSU grant: 5,357 restricted stock units
Shares held after purchase: 15,357 shares
+1 more
4 metrics
Open-market purchase
10,000 shares at $28.00
Class A Common Stock bought on April 17, 2026
RSU grant
5,357 restricted stock units
Vests on first anniversary of grant date
Shares held after purchase
15,357 shares
Direct Class A Common Stock holding after April 17, 2026 trade
Net buy shares
10,000 shares
Net buy/sell direction reported as net-buy
Key Terms
restricted stock units, directed share program, initial public offering, open-market purchase
4 terms
restricted stock units financial
"Represents an award of restricted stock units which will vest on the first anniversary"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
initial public offering financial
"directed share program conducted in connection with the Issuer's initial public offering"
An initial public offering (IPO) is when a private company first sells its shares to the public and becomes a stock-listed company. It matters because it allows the company to raise money from a wide range of investors, helping it grow, while giving early shareholders a way to sell some of their ownership.
open-market purchase financial
"transaction_action: open-market purchase"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
FAQ
What insider transactions did Arxis (ARXS) director Allen Patrick E report?
Allen Patrick E reported buying 10,000 Arxis Class A shares at $28.00 and receiving 5,357 restricted stock units. Both transactions occurred on April 17, 2026, and increased his direct ownership position in the company’s common stock.
At what price did the Arxis (ARXS) director buy Class A Common Stock?
The director purchased 10,000 shares of Arxis Class A Common Stock at $28.00 per share. This open-market transaction was executed on April 17, 2026, and is categorized as an open-market purchase in the Form 4 filing.
What are the terms of the Arxis (ARXS) restricted stock unit grant?
The grant consists of 5,357 restricted stock units that will vest on the first anniversary of the grant date. These units represent additional equity compensation for the director and are scheduled to convert into shares if vesting conditions are satisfied.