Axon legal chief sells 1,017 shares at $480.45
Axon’s Chief Legal Officer reported a Rule 10b5-1 planned sale of 1,017 shares, retaining over 56,000 shares.
Rhea-AI Filing Summary
Axon Enterprise, Inc. (AXON) reported that Chief Legal Officer Isaiah Fields sold common stock in a routine insider transaction. On September 11, 2026, he sold 1,017 shares at a price of $480.45 per share in an open-market or private sale. After this sale, he beneficially owned 56,263.855 shares of Axon common stock directly. The sale was effected pursuant to a Rule 10b5-1 trading plan adopted on June 12, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,017 shares
Net Sell
1 txn
Insider
Fields Isaiah
Role
Chief Legal Officer
Sold
1,017 shs ($489K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 1,017 | $480.45 | $489K |
Holdings After Transaction:
Common Stock — 56,263.855 shares (Direct)
Footnotes (1)
- F1. The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 12, 2026.
Key Figures
Shares sold: 1,017 shares
Sale price per share: $480.45 per share
Shares owned after transaction: 56,263.855 shares
+1 more
4 metrics
Shares sold
1,017 shares
Common stock sale on September 11, 2026 by Chief Legal Officer Isaiah Fields
Sale price per share
$480.45 per share
Price for the 1,017 AXON shares sold on September 11, 2026
Shares owned after transaction
56,263.855 shares
Direct ownership of AXON common stock by Isaiah Fields after the reported sale
Rule 10b5-1 plan adoption date
June 12, 2026
Date the trading plan governing the reported sale was adopted
Key Terms
Rule 10b5-1 trading plan, open market or private transaction, beneficially owned
3 terms
Rule 10b5-1 trading plan regulatory
"transactions were effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open market or private transaction financial
"Sale in open market or private transaction"
beneficially owned financial
"After this sale, he beneficially owned 56,263.855 shares"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did AXON report for Chief Legal Officer Isaiah Fields?
Axon Enterprise reported that Chief Legal Officer Isaiah Fields sold 1,017 shares of common stock on September 11, 2026 in an open-market or private transaction at $480.45 per share, as disclosed in a Form 4 filing.
Was the AXON insider sale by Isaiah Fields under a Rule 10b5-1 plan?
Yes. The Form 4 states that the transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by Isaiah Fields on June 12, 2026, indicating they were pre-arranged under that plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.