Axon Insider Report: Bagley Withheld 14,430 RSUs; Sold 5,000 Shares
Rhea-AI Filing Summary
Brittany Bagley, COO & CFO of Axon Enterprise (AXON), reported sales and tax-withholdings of company common stock in late September 2025. Restricted stock units vested and 14,430 shares were withheld to cover taxes on September 26, 2025. Under a Rule 10b5-1 trading plan adopted June 16, 2025, Bagley sold additional shares on September 29, 2025, in multiple trades: 566, 1,025, 205, 300, 1,829 and 1,075 shares at weighted-average prices ranging from about $709.80 to $716.70, with the reported weighted prices shown per line. After these transactions the filing shows Bagley beneficially owning 93,592 shares.
Positive
- Transactions disclosed as tax-withholding for RSU vesting, showing settlement of compensation-related obligations
- Sales executed under a disclosed Rule 10b5-1 trading plan (adopted June 16, 2025), indicating pre-arranged, non-discretionary trading
- Filing provides post-transaction beneficial ownership (93,592 shares), enabling clear position tracking
Negative
- Insider disposed of a total of 19,430 shares (14,430 withheld for taxes and 5,000 sold), which reduces insider ownership
- Sales occurred at prices between approximately $709.80 and $716.70, representing meaningful cashing out at recent price levels
Insights
TL;DR: Trading appears procedurally compliant: tax-withholding on RSU vesting and sales executed under a disclosed 10b5-1 plan.
The Form 4 shows vesting-related withholding of 14,430 shares to satisfy tax obligations and subsequent open-market sales of 5,000 shares executed under a Rule 10b5-1 plan adopted June 16, 2025. The filing includes weighted-average sale prices for the multiple trades and provides the reporting person's remaining beneficial ownership. Documentation and explicit disclosure of the 10b5-1 plan date reduce governance concerns about opportunistic insider timing. The signature by an attorney-in-fact is properly noted.
TL;DR: Insider sold a total of 19,430 shares in late September at prices ~ $709.8–$716.7; remaining stake reported as 93,592 shares.
The transactions comprise 14,430 shares withheld for tax settlement from RSU vesting on 09/26/2025 and 5,000 shares sold across multiple trades on 09/29/2025 at reported weighted-average prices per block. All sales on 09/29/2025 are reported as executed pursuant to a 10b5-1 plan, which is a pre-arranged program and typically indicates non-discretionary execution. The filing supplies post-transaction beneficial ownership figures, allowing straightforward calculation of stake changes without additional financial data.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 566 | $710.3611 | $402K |
| Sale | Common Stock | 1,025 | $711.2275 | $729K |
| Sale | Common Stock | 205 | $712.3763 | $146K |
| Sale | Common Stock | 300 | $713.8575 | $214K |
| Sale | Common Stock | 1,829 | $715.2481 | $1.31M |
| Sale | Common Stock | 1,075 | $716.2165 | $770K |
| Exercise Price or Tax Liability | Common Stock | 14,430 | $708.84 | $10.23M |
Footnotes (8)
- F1. Securities disposed represent securities withheld to settle the reporting person's tax liability resulting from the vesting of restricted stock units.
- F2. This sale of shares, received upon settlement of vested restricted stock units, executed pursuant to a filed Rule 10b5-1 trading plan adopted by the reporting person on June 16, 2025.
- F3. The transaction was executed in multiple trades at prices ranging from $709.80 to $710.79. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F4. The transaction was executed in multiple trades at prices ranging from $710.81 to $711.78. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F5. The transaction was executed in multiple trades at prices ranging from $711.91 to $712.89. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F6. The transaction was executed in multiple trades at prices ranging from $713.51 to $714.29. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F7. The transaction was executed in multiple trades at prices ranging from $714.85 to $715.82. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F8. The transaction was executed in multiple trades at prices ranging from $715.85 to $716.70. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
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