Axos Financial, Inc. (AX) director reports RSU vesting and tax share return
Rhea-AI Filing Summary
Axos Financial director Sara Wardell-Smith reported RSU-related transactions on November 14, 2025. 4,289 RSUs vested and converted into an equal number of common shares at $79.12 per share, with 2,144 shares returned to Axos in exchange for cash to cover taxes. She also received a new grant of 3,615 RSUs, ending with direct holdings of 3,615 RSUs and 12,395 common shares.
Positive
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Insider Trade Summary
Net Buyer: 2,145 shares
Net Buy
4 txns
Insider
Wardell-Smith Sara
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 4,289 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 3,615 | $0.00 | $0.00 |
| Exercise | Common Stock | 4,289 | $79.12 | $339K |
| Disposition | Common Stock | 2,144 | $79.12 | $170K |
Holdings After Transaction:
Restricted Stock Units — 3,615 shares (Direct);
Common Stock — 12,395 shares (Direct)
Footnotes (7)
- F1. Represents shares of Common Stock issued on November 14, 2024, following the vesting of Restricted Stock Units ("RSUs") which vest on the one-year anniversary of the date of grant. The RSUs were previously granted to the reporting person under the Axos Financial, Inc. Amended and Restated 2014 Stock Incentive Plan.
- F2. Represents shares of Common Stock retained by Axos Financial, Inc. in exchange for cash paid to the reporting person for tax liabilities in respect to the vested RSUs.
- F3. The RSUs were granted to the reporting person under the Axos Financial, Inc. Amended and Restated 2014 Stock Incentive Plan in connection with the reporting person's service as a member of the Board of Directors.
- F4. Each RSU represents a contingent right to receive one share of Axos Financial, Inc. Common Stock.
- F5. The RSUs fully vest on the one year anniversary of the grant date.
- F6. The RSUs were granted to the reporting person under the Axos Financial, Inc. Amended and Restated 2014 Stock Incentive Plan in connection with the reporting person's service as a member of the Board of Directors.
- F7. The RSU's fully vest on January 3, 2027.
Key Figures
RSUs vested and exercised: 4,289 RSUs
New RSU grant: 3,615 RSUs
Shares returned to issuer: 2,144 shares
+3 more
6 metrics
RSUs vested and exercised
4,289 RSUs
Restricted Stock Units converted into common stock on November 14, 2025
New RSU grant
3,615 RSUs
Grant/award acquisition to director under 2014 Stock Incentive Plan
Shares returned to issuer
2,144 shares
Common stock disposed to Axos in exchange for tax-liability cash
Transaction share price
$79.12 per share
Price reported for common stock issued and returned on November 14, 2025
Post-transaction common holdings
12,395 shares
Director’s direct holdings of Axos Financial common stock after transactions
Post-transaction RSU holdings
3,615 RSUs
Director’s remaining Restricted Stock Units held directly after grant
Key Terms
Restricted Stock Units, Amended and Restated 2014 Stock Incentive Plan, contingent right, Board of Directors
4 terms
Restricted Stock Units financial
"Represents shares of Common Stock issued following the vesting of Restricted Stock Units ("RSUs")"
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.
Amended and Restated 2014 Stock Incentive Plan financial
"RSUs were previously granted under the Axos Financial, Inc. Amended and Restated 2014 Stock Incentive Plan"
contingent right financial
"Each RSU represents a contingent right to receive one share of Axos Financial, Inc. Common Stock"
Board of Directors financial
"RSUs were granted in connection with the reporting person's service as a member of the Board of Directors"
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What RSU vesting did Axos Financial (AX) report for Sara Wardell-Smith?
4,289 RSUs vested for director Sara Wardell-Smith on November 14, 2025, converting into an equal number of Axos Financial common shares at $79.12 per share. These shares arose from previously granted RSUs under the company’s 2014 Stock Incentive Plan.
What new RSU award did Axos Financial (AX) grant to Sara Wardell-Smith?
She received a new grant of 3,615 Restricted Stock Units on November 14, 2025. Each RSU represents a contingent right to one share of Axos Financial common stock and was granted under the Amended and Restated 2014 Stock Incentive Plan.
What are Sara Wardell-Smith’s post-transaction holdings in Axos Financial (AX)?
After these transactions, Wardell-Smith directly holds 3,615 RSUs and 12,395 shares of Axos Financial common stock. These figures represent her canonical post-transaction holdings reported for the RSU and common stock positions.
Under what plan were the Axos Financial (AX) RSUs granted to Sara Wardell-Smith?
The RSUs were granted under the Axos Financial, Inc. Amended and Restated 2014 Stock Incentive Plan. The awards relate to Wardell-Smith’s service on the Board of Directors and include RSUs that vest on the one-year anniversary of the grant date.
How does the Axos Financial (AX) filing describe each RSU unit?
Each RSU is described as a contingent right to receive one share of Axos Financial common stock. This means that upon vesting, one RSU delivers one common share, subject to any tax-related share retention by the company.