Axos EVP sells 1,653 shares in open-market trade

Axos Financial, Inc. executive Michael James Watson reported an open-market sale of common stock.

Rhea-AI Filing Summary

Axos Financial, Inc. executive Michael James Watson reported an open-market sale of common stock. He sold 1,653 shares of Axos common stock on May 19, 2026 at a weighted average price of $83.769 per share, executed in multiple trades between $83.75 and $83.79. After this transaction, he directly owned 4,592 shares and indirectly held 777 shares through a 401(k) Plan.

Insights

Equity compensation and insider-trading analyst

Executive made a relatively small open-market sale while retaining a core shareholding.

Executive vice president Michael James Watson sold 1,653 shares of Axos Financial common stock at a weighted average of $83.769 per share on May 19, 2026. The sale was executed in multiple trades within a narrow price range of $83.75 to $83.79, indicating routine execution rather than aggressive price-taking.

Following the sale, Watson continued to hold 4,592 shares directly and 777 shares indirectly via a 401(k) Plan. This filing shows a net-sell of 1,653 shares with no derivative exercises or tax-related dispositions disclosed, suggesting a straightforward liquidity event rather than a change in overall equity incentive structure.

Insider Trade Summary

Net Seller: 1,653 shares

Net Sell 2 txns

Insider Watson Michael James

Role Insider

Sold 1,653 shs ($138K)

Type	Security	Shares	Price	Value
Sale	Common Stock	1,653	$83.769	$138K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 4,592 shares (Direct); Common Stock — 777 shares (Indirect, 401(k) Plan)

Footnotes (1)

1. F1. These transactions were executed in multiple trades, at prices ranging from $83.75 to $83.79. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold and the prices at which each trade was effected.

Key Figures

Shares sold: 1,653 shares Weighted average sale price: $83.769 per share Sale price range: $83.75–$83.79 per share +3 more

6 metrics

Shares sold 1,653 shares Open-market sale of common stock on May 19, 2026

Weighted average sale price $83.769 per share Average price for 1,653 shares sold

Sale price range $83.75–$83.79 per share Price range for multiple trades on May 19, 2026

Direct holdings after sale 4,592 shares Common stock directly owned following transaction

Indirect 401(k) holdings 777 shares Common stock held indirectly via 401(k) Plan

Net buy/sell shares -1,653 shares Net-sell direction per transaction summary

Key Terms

open-market sale, 401(k) Plan, weighted average sales price, indirect ownership

4 terms

open-market sale financial

"transaction_action: open-market sale"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

401(k) Plan financial

"nature_of_ownership: 401(k) Plan"

A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.

weighted average sales price financial

"The price reported above reflects the weighted average sales price."

indirect ownership financial

"ownership_type: indirect, nature_of_ownership: 401(k) Plan"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Axos Financial (AX) executive Michael James Watson report in this Form 4?

Michael James Watson reported selling 1,653 shares of Axos Financial common stock. The open-market sale occurred on May 19, 2026 at a weighted average price of $83.769 per share, executed in multiple trades within a narrow price range.

At what prices did Michael James Watson sell Axos Financial (AX) shares?

He sold Axos Financial common stock at prices ranging from $83.75 to $83.79 per share. The Form 4 reports a weighted average sales price of $83.769, with the issuer offering to provide full trade details upon request.

How many Axos Financial (AX) shares does Michael James Watson hold after this transaction?

After the reported sale, Michael James Watson directly owned 4,592 shares of Axos Financial common stock. He also indirectly held 777 additional shares through a 401(k) Plan, as disclosed in the Form 4 filing.

Was Michael James Watson’s Axos Financial (AX) transaction an open-market sale?

Yes, the Form 4 describes the transaction as an open-market sale of common stock. He sold 1,653 shares at a weighted average price of $83.769 per share, with trades executed between $83.75 and $83.79.

Does the Axos Financial (AX) Form 4 include any derivative or option exercises?

No, the Form 4 does not show any derivative or option exercises. The transaction summary indicates only a net sale of 1,653 common shares, with zero derivative transactions or exercise-related share activity reported.

How significant is the Axos Financial (AX) insider sale by Michael James Watson?

The Form 4 shows a sale of 1,653 shares, with 4,592 shares still held directly plus 777 shares indirectly. This represents a relatively small, routine open-market sale, rather than a large change in his overall disclosed holdings.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/21/2026 - 02:21 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Watson Michael James

(Last) (First) (Middle)

9205 WEST RUSSELL ROAD

SUITE 400

(Street)

LAS VEGAS NEVADA 89148

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Axos Financial, Inc. [ AX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
	Officer (give title below)	X	Other (specify below)
			EVP, Head of Axos Securities

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/19/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/19/2026		S		1,653	D	$83.769(1)	4,592	D
Common Stock								777	I	401(k) Plan

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. These transactions were executed in multiple trades, at prices ranging from $83.75 to $83.79. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold and the prices at which each trade was effected.

	By: Derrick Walsh For: Michael Watson	05/21/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)