Axon (AXON) director receives 611 restricted stock units in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Morgenfeld Todd R reported acquisition or exercise transactions in this Form 4 filing.
Axon Enterprise director Todd R. Morgenfeld received an equity grant of 611 shares of Common Stock in the form of time-vested restricted stock units. The units were granted at no cash cost and increase his direct holdings to 947 shares. The award is scheduled to vest in full on the earlier of the one-year anniversary of the grant date and the date of Axon Enterprise, Inc.'s 2027 Annual Meeting of Shareholders.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Morgenfeld Todd R
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 611 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 947 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 611 shares
Total shares after grant: 947 shares
Grant price per share: $0.00 per share
3 metrics
RSUs granted
611 shares
Time-vested restricted stock units granted to director
Total shares after grant
947 shares
Director’s direct holdings following transaction
Grant price per share
$0.00 per share
Equity award granted at no cash cost
Key Terms
restricted stock units, Amended and Restated 2022 Stock Incentive Plan, Annual Meeting of Shareholders
3 terms
restricted stock units financial
"Time-vested restricted stock units granted to the reporting person"
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.
Amended and Restated 2022 Stock Incentive Plan financial
"granted to the reporting person pursuant to the Axon Enterprise, Inc. Amended and Restated 2022 Stock Incentive Plan"
FAQ
What insider transaction did Axon (AXON) report for Todd R. Morgenfeld?
Axon reported that director Todd R. Morgenfeld received 611 time-vested restricted stock units of Common Stock as an equity grant, at no cash cost, increasing his direct holdings to 947 shares following the award.
What type of equity award did Axon (AXON) grant to Todd R. Morgenfeld?
Todd R. Morgenfeld received time-vested restricted stock units representing 611 shares of Axon Common Stock. These units were granted under the Axon Enterprise, Inc. Amended and Restated 2022 Stock Incentive Plan as part of his director compensation.
When do Todd R. Morgenfeld’s Axon (AXON) restricted stock units vest?
The 611 time-vested restricted stock units granted to Todd R. Morgenfeld are scheduled to vest in full on the earlier of the one-year anniversary of the grant date and the date of Axon Enterprise, Inc.'s 2027 Annual Meeting of Shareholders.