Axon Enterprise (NASDAQ: AXON) director receives 600-share restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MOHINDRA VIVEK reported acquisition or exercise transactions in this Form 4 filing.
Axon Enterprise, Inc. director Vivek Mohindra reported an equity compensation grant of 600 shares of common stock through time-vested restricted stock units under the Axon Enterprise, Inc. Amended and Restated 2022 Stock Incentive Plan. The award was granted at $0.00 per share and is scheduled to vest in three equal installments beginning on July 8, 2027, subject to the plan’s terms.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MOHINDRA VIVEK
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 600 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 600 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 600 shares
Grant price per share: $0.00 per share
Installments: 3 equal installments
+2 more
5 metrics
Shares granted
600 shares
Time-vested restricted stock units granted to the director
Grant price per share
$0.00 per share
Equity compensation award, not an open-market purchase
Installments
3 equal installments
Vesting schedule for the restricted stock unit grant
First vesting date
July 8, 2027
Initial vesting date for the RSU award
Shares held after transaction
600 shares
Total direct holdings listed following the grant
Key Terms
time-vested restricted stock units, Amended and Restated 2022 Stock Incentive Plan, vest in three equal installments
3 terms
time-vested restricted stock units financial
"Time-vested restricted stock units granted to the reporting person pursuant"
Amended and Restated 2022 Stock Incentive Plan financial
"pursuant to the Axon Enterprise, Inc. Amended and Restated 2022 Stock Incentive Plan"
vest in three equal installments financial
"The grant is scheduled to vest in three equal installments beginning"
FAQ
What did Axon (AXON) director Vivek Mohindra report in this Form 4?
Director Vivek Mohindra reported a grant of 600 shares of Axon common stock in the form of time-vested restricted stock units, awarded as equity compensation under Axon’s Amended and Restated 2022 Stock Incentive Plan.
What is the vesting schedule for Vivek Mohindra’s Axon (AXON) restricted stock units?
The 600 time-vested restricted stock units are scheduled to vest in three equal installments, beginning on July 8, 2027, according to the footnote describing the award terms.
Is Vivek Mohindra’s Axon (AXON) Form 4 transaction an open-market buy or a compensation award?
The Form 4 reports a grant/award acquisition of restricted stock units, not an open-market purchase, with transaction code A indicating an equity compensation award to the director.