Axos Form 4: Bar-Adon Eshel Receives 1,722 Shares; Tax Withholding Reduces Net Shares
Rhea-AI Filing Summary
Bar-Adon Eshel, Executive Vice President, Strategic Partnerships at Axos Financial, had 1,722 shares of common stock issued on September 23, 2025 following the vesting of restricted stock units (RSUs). The RSUs vest one-third on each anniversary of grant and are accompanied by dividend equivalent rights. Axos withheld 927 shares for tax purposes in connection with the net-settlement, leaving the reporting person with 127,537 shares of common stock directly after the withholding. The filing also shows 3,232 shares beneficially owned indirectly through a 401(k) plan and 14,293 RSUs
Positive
- 1,722 shares issued on vesting of RSUs, demonstrating compensation alignment with equity incentives
- Disclosure shows compliance with Section 16 reporting and RSU plan terms, including tax withholding mechanics
Negative
- None.
Insights
TL;DR: Insider received vested RSUs totaling 1,722 shares; modest net increase in direct holdings after tax withholding.
The Form 4 documents a routine equity compensation event: the vesting and issuance of 1,722 shares from previously granted RSUs at an implied price of $88.46 per share. Net-settlement for taxes resulted in 927 shares withheld, so direct beneficial ownership after the transaction is reported as 127,537 shares. The filer also retains 14,293 RSUs and an indirect 401(k) holding of 3,232 shares. This is a standard employee compensation vest and does not by itself indicate a change in company fundamentals.
TL;DR: This is a standard disclosure of RSU vesting and tax withholding by an executive; governance procedures appear followed.
The filing discloses the mechanics of RSU vesting under the 2014 Stock Incentive Plan and confirms net-share settlement for tax withholding. The inclusion of RSU vesting schedule details and the signature by a company representative indicate compliance with Section 16 reporting requirements. No departures, sales beyond withholding, or unusual transfers are reported.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,722 | $88.46 | $152K |
| Exercise | Common Stock | 1,722 | $88.46 | $152K |
| Disposition | Common Stock | 927 | $88.46 | $82K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Represents shares of Common Stock issued on September 23, 2025, 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. 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. 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. Each RSU represents a contingent right to receive one share of Axos Financial, Inc. Common Stock. The RSUs vest as to one-third of the shares on each anniversary date of grant.
