AX Insider Filing: Ann Gill RSU Vesting, Share Withholding Disclosed
Rhea-AI Filing Summary
Ann Gill, SVP and Chief Accounting Officer of Axos Financial, Inc. (AX), reported issuance and vesting of restricted stock units on 09/15/2025. A total of 1,254 RSUs vested in two groups reported as 727 and 527 units, and an additional grant of 1,163 RSUs was recorded the same date. Following vesting and net-settlement for tax withholding, the reporting person holds between 8,831 and 10,781 shares across different reported lines. The common stock transactions were reported at a price of $90.29 per share. The Form 4 was signed on behalf of Ms. Gill on 09/17/2025.
Positive
- Compensation transparency: RSU vesting and withholding are fully disclosed including amounts and per-share price
- Plan-based issuance: RSUs granted under the Axos Financial, Inc. 2014 Stock Incentive Plan with stated vesting schedule
Negative
- Share dilution note: Issuance of shares upon RSU vesting increases outstanding shares (amounts disclosed)
- Tax withholding reduced net shares: Company retained shares to satisfy tax obligations, decreasing delivered shares
Insights
TL;DR: Routine executive equity vesting and an award grant, not an active buy/sell signal.
The filing documents standard compensation-related activity: two blocks of RSUs vested (727 and 527 units) and an additional grant of 1,163 RSUs on 09/15/2025. Shares issued on vesting and retained for tax withholding are disclosed, with transactions reported at $90.29 per share. This is a non-cash, compensation-driven change in beneficial ownership consistent with plan terms and does not on its own indicate trading intent.
TL;DR: Disclosure aligns with Section 16 reporting for RSU vesting and tax withholding.
The Form 4 clearly states RSUs were granted under the 2014 Stock Incentive Plan, vest one-third annually, include dividend equivalents, and that the issuer withheld shares for taxes. Reporting appears complete with transaction codes and amounts; timing and retention for tax purposes are disclosed, which meets typical governance transparency expectations.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 727 | $0.00 | -- |
| Exercise | Restricted Stock Units | 527 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 1,163 | $0.00 | -- |
| Exercise | Common Stock | 727 | $90.29 | $66K |
| Exercise | Common Stock | 527 | $90.29 | $48K |
| Disposition | Common Stock | 283 | $90.29 | $26K |
| Disposition | Common Stock | 391 | $90.29 | $35K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Represents shares of Common Stock issued on September 15, 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. Grant to the reporting person on September 15, 2025 of restricted stock units ("RSUs") under the Axos Financial, Inc. 2014 Stock Incentive Plan.
