Axon Insider Sales: Isner Sells 15,919 Shares; 11,937 Withheld for Taxes
Rhea-AI Filing Summary
Joshua Isner, President of Axon Enterprise, Inc. (AXON), reported multiple dispositions of common stock in a Form 4. On 08/13/2025 he had 11,937 shares withheld to satisfy tax liabilities from vested restricted stock units. On 08/15/2025 he sold a series of 13 tranches totaling 15,919 shares under a Rule 10b5-1 trading plan adopted on 08/21/2024; the reported weighted average prices for those trades ranged from $739.0411 to $751.35 with detailed price ranges disclosed for each tranche. Following these transactions the filing reports 238,379 shares beneficially owned. The Form 4 is signed by attorney-in-fact Isaiah Fields on 08/15/2025.
Positive
- Transactions clearly disclosed with weighted average prices and execution price ranges for each tranche
- Use of a documented Rule 10b5-1 trading plan (adopted 08/21/2024) for the sales, reducing potential timing ambiguity
- Tax-withholding on vested RSUs explicitly reported (11,937 shares withheld), showing routine compensation settlement
Negative
- Substantial share disposals reported: 11,937 shares withheld for taxes and 15,919 shares sold, totaling 27,856 shares disposed
- Reduction in reported beneficial ownership to 238,379 shares following the transactions
Insights
TL;DR: The company’s president executed scheduled sales and tax-withholding of vested RSUs under an established 10b5-1 plan; full trade details disclosed.
The report shows routine insider activity: 11,937 shares were withheld on 08/13/2025 to cover taxes from vested restricted stock units and 15,919 shares were sold on 08/15/2025 across multiple trades executed under a Rule 10b5-1 plan adopted 08/21/2024. Prices for the executed trades are disclosed as weighted averages with per-tranche price ranges. The filing provides granular execution ranges and offers the reporting person’s commitment to supply full execution details on request, which improves transparency for investors assessing insider liquidity events.
TL;DR: Filing documents compliant, uses a documented 10b5-1 plan and discloses tax-withholding and multiple sale tranches with price ranges.
The Form 4 identifies the reporting person as an officer (President) and clearly states the transactions were effected pursuant to a Rule 10b5-1 trading plan. The statement includes explanations for tax-related withholding of RSUs and provides weighted average sale prices plus execution price ranges for each tranche, and an explicit offer to provide full trade-level details upon request. The form is signed by an attorney-in-fact, indicating proper execution of the filing process.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 700 | $739.0411 | $517K |
| Sale | Common Stock | 500 | $740.2143 | $370K |
| Sale | Common Stock | 838 | $741.7469 | $622K |
| Sale | Common Stock | 735 | $742.9377 | $546K |
| Sale | Common Stock | 1,702 | $743.7072 | $1.27M |
| Sale | Common Stock | 557 | $744.6784 | $415K |
| Sale | Common Stock | 3,034 | $745.7995 | $2.26M |
| Sale | Common Stock | 1,222 | $746.6575 | $912K |
| Sale | Common Stock | 1,635 | $747.7869 | $1.22M |
| Sale | Common Stock | 950 | $748.4652 | $711K |
| Sale | Common Stock | 3,527 | $750.09 | $2.65M |
| Sale | Common Stock | 415 | $750.6466 | $312K |
| Sale | Common Stock | 104 | $751.35 | $78K |
| Tax Withholding | Common Stock | 11,937 | $765.52 | $9.14M |
Footnotes (1)
- Securities disposed represent securities withheld to settle the reporting person's tax liability resulting from the vesting of restricted stock units. This sale, effected pursuant to a Rule 10b5-1 trading plan adopted on August 21, 2024, consisted of shares issued upon the settlement of vested restricted stock units. The transaction was executed in multiple trades at prices ranging from $738.64 to $739.53. 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. The transaction was executed in multiple trades at prices ranging from $740.00 to $740.41. 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. The transaction was executed in multiple trades at prices ranging from $741.18 to $742.07. 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. The transaction was executed in multiple trades at prices ranging from $742.19 to $743.16. 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. The transaction was executed in multiple trades at prices ranging from $743.21 to $744.20. 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. The transaction was executed in multiple trades at prices ranging from $744.24 to $745.1561. 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. The transaction was executed in multiple trades at prices ranging from $745.245 to $746.20. 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. The transaction was executed in multiple trades at prices ranging from $746.24 to $747.1428. 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. The transaction was executed in multiple trades at prices ranging from $747.2448 to $748.1999. 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. The transaction was executed in multiple trades at prices ranging from $748.24 to $749.1498. 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. The transaction was executed in multiple trades at prices ranging from $749.3249 to $750.26. 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. The transaction was executed in multiple trades at prices ranging from $750.33 to $750.8398. 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.