Axos Financial CFO RSUs vest, new 3,076 grant
Axos Financial’s CFO had RSUs vest into shares, settled taxes via share withholding, and received a new RSU grant on September 15, 2026.
Rhea-AI Filing Summary
Axos Financial, Inc. (AX) reported that EVP and Chief Financial Officer Derrick Walsh had multiple equity-related transactions on September 15, 2026. 4,127 Restricted Stock Units (RSUs) vested and were settled into an equal number of common shares at a reference value of $92.68 per share, with 2,222 shares returned to Axos Financial, Inc. for tax withholding in a net-settlement. Walsh also received a new grant of 3,076 RSUs that vest in three equal annual installments and carry dividend equivalent rights. An indirect holding of 2,869 common shares is reported in a 401(k) plan, and no Rule 10b5-1 trading plan is reported.
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Insights
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Insider Trade Summary
4,127 shares exercised/converted
Exercise
5 txns
Insider
Walsh Derrick
Role
EVP, Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F3, F4, F5 | 4,127 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units F6, F4, F5 | 3,076 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 4,127 | $92.68 | $382K |
| Disposition | Common Stock F2 | 2,222 | $92.68 | $206K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 13,784 contracts (Direct);
Common Stock — 42,058 shares (Direct);
Common Stock — 2,869 shares (Indirect, 401(k) Plan)
Footnotes (6)
- F1. Represents shares of Common Stock issued on September 15, 2026, following the vesting of Restricted Stock Units ("RSUs") which vest as to one-third of the shares on each anniversary of the date of grant. The RSUs were previously granted to the reporting person under the Axos Financial, Inc. 2014 Amended and Restated 2014 Stock Incentive Plan.
- 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. The RSUs are accompanied by dividend equivalent rights.
- 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.
- F6. Grant to the reporting person on September 15, 2026 of restricted stock units ("RSUs") under the Axos Financial, Inc. 2014 Stock Incentive Plan.
Key Figures
RSUs Vested: 4,127 units
Shares Withheld for Taxes: 2,222 shares
New RSU Grant: 3,076 units
+2 more
5 metrics
RSUs Vested
4,127 units
RSUs vested and settled into common stock on September 15, 2026
Shares Withheld for Taxes
2,222 shares
Common shares retained by Axos Financial, Inc. for tax withholding on RSU vesting
New RSU Grant
3,076 units
RSUs granted to Derrick Walsh on September 15, 2026 under the 2014 Stock Incentive Plan
Reference Share Value
$92.68 per share
Per-share value reported for common stock transactions on September 15, 2026
Indirect 401(k) Holdings
2,869 shares
Common shares held indirectly in a 401(k) Plan as of the reported date
Key Terms
Restricted Stock Units, dividend equivalent rights, net-settlement, tax withholding, +1 more
5 terms
Restricted Stock Units financial
"Represents shares of Common Stock issued following the vesting of Restricted Stock Units"
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.
dividend equivalent rights financial
"The RSUs are accompanied by dividend equivalent rights."
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
net-settlement financial
"for tax withholding purposes in connection with the net-settlement on the issuance of shares"
tax withholding financial
"shares of Common Stock retained by Axos Financial, Inc. for tax withholding purposes"
Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.
401(k) Plan financial
"Indirect ownership reported as 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity awards vested for Axos Financial (AX) CFO Derrick Walsh on September 15, 2026?
On September 15, 2026, 4,127 Restricted Stock Units (RSUs) for Axos Financial’s CFO Derrick Walsh vested, resulting in the issuance of 4,127 shares of common stock under the company’s 2014 Stock Incentive Plan.
What new RSU grant did the Axos Financial (AX) CFO receive on September 15, 2026?
On September 15, 2026, Derrick Walsh received a new grant of 3,076 Restricted Stock Units under Axos Financial’s 2014 Stock Incentive Plan. These RSUs vest as to one-third on each anniversary of the grant date and include dividend equivalent rights.
What are Derrick Walsh’s reported indirect holdings of Axos Financial (AX) stock?
The filing reports that Derrick Walsh has an indirect holding of 2,869 shares of Axos Financial common stock through a 401(k) Plan as of the transaction date disclosed.
Were the Axos Financial (AX) CFO’s September 15, 2026 transactions under a Rule 10b5-1 plan?
No. The Form 4 indicates that no Rule 10b5-1 plan is affirmed for the transactions reported for Axos Financial’s CFO on September 15, 2026.
How do the RSUs reported for Axos Financial (AX) convert into common stock?
Each RSU reported for Axos Financial’s CFO represents a contingent right to receive one share of common stock. The RSUs vest in tranches, with the new grant vesting one-third on each anniversary date of grant.
AI-generated analysis. How Rhea-AI works. Not financial advice.
