Axon (NASDAQ: AXON) president granted performance units, shares withheld for taxes
Rhea-AI Filing Summary
AXON ENTERPRISE, INC. president Joshua Isner reported equity compensation activity. On August 16, 2026 he acquired 67,910 performance-based restricted stock units (XSUs) tied to a tranche under the 2024 eXponential Stock Plan whose performance conditions were certified, which will vest on December 1, 2026 and then be subject to a minimum holding period. He also received a supplemental equity grant of 14,218 shares. On August 13, 2026, 15,704.08 shares were withheld at $615.59 per share to settle tax liabilities from vesting restricted stock units.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Net Buyer: 66,423.92 shares
Net Buy
3 txns
Insider
Isner Joshua
Role
PRESIDENT
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F2 | 67,910 | $0.00 | $0.00 |
| Grant/Award | Common Stock F3 | 14,218 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1 | 15,704.08 | $615.59 | $9.67M |
Holdings After Transaction:
Common Stock — 313,748.549 shares (Direct)
Footnotes (3)
- F1. Securities disposed represent securities withheld to settle the reporting person's tax liability resulting from the vesting of restricted stock units.
- F2. The transaction consists of performance-based restricted stock units (collectively, "XSUs") granted on December 22, 2023 pursuant to the Axon Enterprise, Inc. 2024 eXponential Stock Plan, for which the performance conditions for the fourth tranche of XSUs (the "Tranche") were certified by the issuer's Compensation Committee of the Board of Directors on August 16, 2026 as having been met. The Tranche will vest on December 1, 2026, subject to continued employment through such date. Following the vesting, the shares deliverable for the Tranche are subject to a minimum holding period until the earlier of (i) December 31, 2030 and (ii) the date on which a subsequent tranche of XSUs vests, excluding shares withheld or sold to cover applicable taxes.
- F3. This award represents a supplemental grant approved by the Compensation Committee to implement the executive compensation program as intended with respect to the treatment of future XSP tranches.
Key Figures
Performance-based XSUs certified tranche: 67,910 shares
Supplemental grant: 14,218 shares
Tax withholding shares: 15,704.08 shares
+4 more
7 metrics
Performance-based XSUs certified tranche
67,910 shares
Common stock underlying XSUs for fourth tranche certified on August 16, 2026
Supplemental grant
14,218 shares
Supplemental equity award approved by Compensation Committee
Tax withholding shares
15,704.08 shares
Shares withheld on August 13, 2026 to settle tax liability
Tax withholding price
$615.59 per share
Per-share value for 15,704.08 withheld shares used for tax settlement
XSUs grant date
December 22, 2023
Original grant date of performance-based XSUs under 2024 eXponential Stock Plan
XSUs vesting date
December 1, 2026
Vesting date for the certified XSUs tranche, subject to continued employment
Minimum holding period end
December 31, 2030
Latest date for minimum holding period on shares deliverable for the XSUs tranche
Key Terms
performance-based restricted stock units, eXponential Stock Plan, restricted stock units, minimum holding period
4 terms
performance-based restricted stock units financial
"The transaction consists of performance-based restricted stock units (collectively, "XSUs") granted"
Performance-based restricted stock units are a type of employee equity award that converts into company shares only if predefined financial or operational targets are met over a set period. Think of it like a bonus check that becomes stock only when specific goals are hit; it ties pay to results, aligning managers’ incentives with shareholders. Investors care because these awards affect future share count, executive incentives, and signal how management’s success will be measured and rewarded.
eXponential Stock Plan financial
"pursuant to the Axon Enterprise, Inc. 2024 eXponential Stock Plan"
restricted stock units financial
"tax liability resulting from 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.
minimum holding period financial
"shares deliverable for the Tranche are subject to a minimum holding period"
FAQ
What equity awards did AXON (AXON) president Joshua Isner report on August 16, 2026?
Joshua Isner reported acquiring 67,910 performance-based restricted stock units (XSUs) from a certified tranche and a supplemental grant of 14,218 shares. These awards are part of Axon’s executive compensation program and are subject to future vesting and holding conditions.
When will Joshua Isner’s 67,910 AXON performance-based XSUs vest and be restricted?
The 67,910 performance-based XSUs will vest on December 1, 2026, subject to continued employment. After vesting, the delivered shares face a minimum holding period until the earlier of December 31, 2030 or the vesting of a subsequent XSUs tranche, excluding tax-related shares.
Were Joshua Isner’s August 2026 AXON transactions made under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not marked as using such a plan, and the footnotes describe equity awards and tax withholding mechanics only. There is no indication these specific transactions were executed pursuant to a pre-arranged trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.