[Form 4] Axon Enterprise, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Insider purchase reported: Axon Enterprise director Hadi Partovi acquired 1,358 shares of Axon common stock on 08/13/2025 at a weighted average price of $739.9998 per share. After the purchase, Partovi beneficially owns 237,938 shares. The filing notes the trade was executed in multiple trades with prices ranging from $739.81 to $740.00 and that the reported price reflects a weighted average. The Form 4 was submitted by one reporting person and signed by an attorney-in-fact.

Positive

• Director purchase disclosed: Hadi Partovi acquired 1,358 shares, showing insider buying activity.
• Weighted-average price provided: Filing discloses execution price range ($739.81 to $740.00) and weighted average ($739.9998).
• Post-transaction ownership reported: Beneficial ownership after the transaction is 237,938 shares.

Negative

• No derivative securities reported: Table II shows no derivative positions disclosed on this Form 4.

Insights

Financial Analyst

TL;DR: A director purchased additional shares, modestly increasing his stake to 237,938 shares; transaction appears routine.

The reported acquisition of 1,358 shares at a weighted average price of $739.9998 is a straightforward open-market purchase by a director. The filing discloses the trade was executed in multiple trades with prices between $739.81 and $740.00. The post-transaction beneficial ownership is 237,938 shares, which provides a clear snapshot of the director's current position. There are no derivative positions disclosed on this Form 4.

Corporate Governance Expert

TL;DR: Director purchase disclosed cleanly; filing shows standard compliance with Section 16 reporting requirements.

The Form 4 indicates compliance with reporting obligations and includes an explanation about weighted-average pricing across multiple trades. The form is filed by one reporting person and executed via attorney-in-fact. No amendments or complex transactions are shown. From a governance perspective, this is a routine disclosure that increases transparency about insider holdings.

SEC Form 4

FORM 4

UNITED 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
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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^*

Partovi Hadi

(Last) (First) (Middle)

17800 NORTH 85TH STREET

(Street)

SCOTTSDALE AZ 85255

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
AXON ENTERPRISE, INC. [ AXON ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/13/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/13/2025		P		1,358	A	$739.9998(1)	237,938	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The transaction was executed in multiple trades at prices ranging from $739.81 to $740.00. The price reported above reflects the weighted average purchase 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.

Remarks:

	/s/ Hadi Partovi, by Isaiah Fields, Attorney-in-Fact	08/15/2025
	** Signature of Reporting Person	Date
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.

FAQ

What transaction did AXON director Hadi Partovi report on Form 4?

The report shows a purchase of 1,358 shares of Axon common stock executed on 08/13/2025.

At what price were the AXON shares acquired according to the Form 4?

The shares were acquired at a weighted average price of $739.9998, with individual trade prices ranging from $739.81 to $740.00.

How many AXON shares does Hadi Partovi beneficially own after the reported transaction?

Following the purchase, Hadi Partovi beneficially owns 237,938 shares of Axon common stock.

Does the Form 4 report any derivative securities for AXON by the reporting person?

No. Table II of the Form 4 contains no derivative securities; only a non-derivative purchase is reported.

Was the Form 4 filed jointly or by a single reporting person for AXON?

The Form 4 was filed by one reporting person.