STOCK TITAN

Axon (AXON) CPO & CTO logs RSU tax withholding, holds over 145K shares

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

AXON ENTERPRISE, INC. Chief Product & Technology Officer Jeffrey C. Kunins reported a routine tax-related share withholding tied to vesting of performance-based restricted stock units. On June 1, 2026, 8,113.183 shares of common stock at $476.88 per share were disposed of to settle his tax liability from the vesting of the third tranche of RSUs granted under the Axon Enterprise, Inc. 2024 eXponential Stock Plan.

Following this tax-withholding disposition, Kunins directly held 59,696.817 shares of Axon common stock. Separately, he indirectly owned 86,268 shares through an LLC of which he is the sole member. The Form 4 does not show any open-market purchases or sales, only the tax withholding and updated holdings.

Positive

  • None.

Negative

  • None.

Insights

Filing shows routine tax withholding on vested RSUs, not market selling.

The filing indicates 8,113.183 Axon common shares were withheld at $476.88 per share to cover Jeffrey C. Kunins' tax liability from vesting of performance-based RSUs under the 2024 eXponential Stock Plan. Code F signals this is a non-market, compensation-driven event.

After this disposition, Kunins still directly holds 59,696.817 shares and indirectly owns 86,268 shares via an LLC. With no open-market buys or sells reported and no remaining derivatives listed, this looks like standard equity compensation administration rather than a shift in his economic exposure to Axon stock.

Insider Kunins Jeffrey C
Role CPO & CTO
Type Security Shares Price Value
Tax Withholding Common Stock 8,113.183 $476.88 $3.87M
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 59,696.817 shares (Direct, null); Common Stock — 86,268 shares (Indirect, Shares owned by LLC)
Footnotes (1)
  1. Securities disposed represent securities withheld to settle the reporting person's tax liability arising out of the vesting of the third tranche of restricted stock units granted pursuant to the Axon Enterprise, Inc. 2024 eXponential Stock Plan, for which the performance conditions were determined to have been certified by the issuer's Compensation Committee on November 13, 2025 Shares that are indicated as being "owned by LLC" are owned indirectly by the reporting person as the sole member of the LLC.
Tax-withheld shares 8,113.183 shares Common stock withheld to cover tax liability on RSU vesting
Withholding price $476.88 per share Value used for tax-withholding disposition of Axon common stock
Direct holdings after transaction 59,696.817 shares Axon common stock directly owned by Kunins after tax withholding
Indirect LLC holdings 86,268 shares Axon common stock owned indirectly via LLC where Kunins is sole member
Tax-withholding events 1 event, 8,113.183 shares TransactionSummary taxWithholdingCount and taxWithholdingShares
restricted stock units financial
"vesting of the third tranche of restricted stock units granted pursuant to the Axon Enterprise, Inc. 2024 eXponential Stock Plan"
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.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
tranche financial
"vesting of the third tranche of restricted stock units granted pursuant to the Axon Enterprise, Inc. 2024 eXponential Stock Plan"
A tranche is one slice of a larger financing or investment that is released, sold, or paid out in separate parts rather than all at once. Investors care because each slice can carry different risk, return and timing—like buying pieces of a cake where some slices are richer or come later—so the specific tranche you hold affects when you get paid and how much you might gain or lose.
Axon Enterprise, Inc. 2024 eXponential Stock Plan financial
"granted pursuant to the Axon Enterprise, Inc. 2024 eXponential Stock Plan, for which the performance conditions were determined"
Compensation Committee financial
"performance conditions were determined to have been certified by the issuer's Compensation Committee on November 13, 2025"
A compensation committee is a group within a company's leadership responsible for setting and reviewing how much top executives and employees are paid, including salaries, bonuses, and benefits. It matters to investors because fair and effective pay decisions can influence a company's performance, leadership motivation, and overall governance, helping ensure that the company’s management is aligned with shareholders’ interests.
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Kunins Jeffrey C

(Last)(First)(Middle)
17800 NORTH 85TH STREET

(Street)
SCOTTSDALE ARIZONA 85255

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
AXON ENTERPRISE, INC. [ AXON ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
CPO & CTO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/01/2026F(1)8,113.183D$476.8859,696.817D
Common Stock86,268IShares owned by LLC(2)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Securities disposed represent securities withheld to settle the reporting person's tax liability arising out of the vesting of the third tranche of restricted stock units granted pursuant to the Axon Enterprise, Inc. 2024 eXponential Stock Plan, for which the performance conditions were determined to have been certified by the issuer's Compensation Committee on November 13, 2025
2. Shares that are indicated as being "owned by LLC" are owned indirectly by the reporting person as the sole member of the LLC.
Remarks:
/s/ Jeffrey C. Kunins, by Isaiah Fields, Attorney-in-Fact06/03/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did AXON CPO & CTO Jeffrey Kunins report in this Form 4 for AXON?

Jeffrey C. Kunins reported a routine tax-withholding disposition of Axon shares. 8,113.183 common shares were withheld at $476.88 per share to pay taxes from the vesting of performance-based restricted stock units under Axon’s 2024 eXponential Stock Plan.

Was the AXON Form 4 transaction an open-market sale of shares by Jeffrey Kunins?

No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Shares were surrendered at $476.88 each to cover Kunins’ tax liability on vested restricted stock units, a common administrative step in equity compensation programs.

How many AXON shares did Jeffrey Kunins have after the reported tax withholding?

After the tax-withholding event, Kunins directly held 59,696.817 Axon common shares. The filing also notes he indirectly owns another 86,268 shares through an LLC where he is the sole member, giving him substantial continuing exposure to AXON equity.

What caused the tax liability that led to share withholding for AXON CPO & CTO Kunins?

The tax liability arose from the vesting of the third tranche of restricted stock units granted under Axon’s 2024 eXponential Stock Plan. The issuer’s Compensation Committee certified the performance conditions for this tranche on November 13, 2025, triggering vesting and related taxes.

How many AXON shares were withheld for taxes in Jeffrey Kunins’ Form 4?

The Form 4 reports that 8,113.183 Axon common shares were disposed of to satisfy tax obligations. These shares were valued at $476.88 per share for this purpose and represent a standard equity compensation tax-settlement mechanism, not a discretionary market trade.

What indirect AXON share ownership does Jeffrey Kunins report through an LLC?

Kunins reports indirect ownership of 86,268 Axon common shares held by an LLC. A footnote explains these are "owned by LLC" but indirectly owned by him as the sole member, so he retains economic exposure through this entity in addition to his direct holdings.