Axon Enterprise (AXON) CEO Patrick Smith reports small 70-share stock sale
Rhea-AI Filing Summary
Axon Enterprise, Inc. director and chief executive officer Patrick W. Smith reported a sale of 70 shares of common stock on August 7, 2026 at a weighted average price of $566.6186 per share, executed under a Rule 10b5-1 trading plan adopted on May 12, 2025. Following this transaction, he held 3,030,997 shares of Axon common stock directly.
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Insider Trade Summary 10b5-1
Net Seller: 70 shares
Net Sell
1 txn
Insider
SMITH PATRICK W
Role
CHIEF EXECUTIVE OFFICER
Sold
70 shs ($40K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 70 | $566.6186 | $40K |
Holdings After Transaction:
Common Stock — 3,030,997 shares (Direct)
Footnotes (2)
- F1. The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 12, 2025.
- F2. The transaction was executed in multiple trades at prices ranging from $566.55 to $566.84. 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.
Key Figures
Shares sold: 70 shares
Weighted average sale price: $566.6186 per share
Shareholding after transaction: 3,030,997 shares
+2 more
5 metrics
Shares sold
70 shares
Common stock sale on August 7, 2026
Weighted average sale price
$566.6186 per share
Weighted average of multiple trades ranging $566.55–$566.84
Shareholding after transaction
3,030,997 shares
Direct ownership following reported sale
Trade price range
$566.55 to $566.84
Range of prices at which the 70 shares were sold
10b5-1 plan adoption date
May 12, 2025
Date reporting person adopted the Rule 10b5-1 trading plan
Key Terms
Rule 10b5-1 trading plan, weighted average sales price, Form 4, line-item limitation
4 terms
Rule 10b5-1 trading plan regulatory
"The 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.
weighted average sales price financial
"The price reported above reflects the weighted average sales price"
Form 4 regulatory
"this is the second of two Forms 4 being filed"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
line-item limitation regulatory
"Due to a 30 line-item limitation in Table 1"
FAQ
What did AXON CEO Patrick W. Smith report in this Form 4 transaction?
Patrick W. Smith reported a sale of 70 shares of Axon Enterprise common stock. The transaction occurred on August 7, 2026 and was reported as a routine insider trade under SEC rules.
Was the AXON insider transaction made under a Rule 10b5-1 trading plan?
Yes. The filing states the sale was effected under a Rule 10b5-1 trading plan adopted by Patrick W. Smith on May 12, 2025, indicating a pre-arranged, systematic trading program.
Is this AXON Form 4 part of multiple insider transaction reports?
Yes. The remarks explain this is the second of two Forms 4 filed by the reporting person, due to a 30 line-item limitation in the non-derivative transaction table.
AI-generated analysis. How Rhea-AI works. Not financial advice.