STOCK TITAN

Axon (NASDAQ: AXON) director receives 611 time-vested restricted stock units

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

Rhea-AI Filing Summary

Partovi Hadi reported acquisition or exercise transactions in this Form 4 filing.

AXON ENTERPRISE, INC. director Hadi Partovi reported receiving a grant of 611 shares of common stock in the form of time-vested restricted stock units at a price of $0.00 per share. These units were granted under Axon’s Amended and Restated 2022 Stock Incentive Plan and are scheduled to vest in full on the earlier of the one-year anniversary of the grant date and the date of Axon’s 2027 Annual Meeting of Shareholders. Following this award, Partovi directly holds 238,649 shares of Axon common stock.

Positive

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Insider Partovi Hadi
Role null
Type Security Shares Price Value
Grant/Award Common Stock 611 $0.00 --
Holdings After Transaction: Common Stock — 238,649 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Restricted stock units granted 611 shares Time-vested RSUs granted on May 29, 2026
Grant price per share $0.00 per share Equity compensation grant, not open-market purchase
Shares held after transaction 238,649 shares Direct ownership following RSU grant
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
"pursuant to the Axon Enterprise, Inc. Amended and Restated 2022 Stock Incentive Plan"
Annual Meeting of Shareholders financial
"the date of Axon Enterprise, Inc.'s 2027 Annual Meeting of Shareholders"
A yearly gathering where a company’s owners (shareholders) vote on key items like electing the board, approving executive pay, and ratifying auditors, and receive updates on performance and strategy. Think of it as an annual town hall for owners: it matters to investors because outcomes and disclosures can affect leadership, corporate direction, dividend and governance policies, and therefore the company’s risk and potential return.
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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*
Partovi Hadi

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/29/2026
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 Stock05/29/2026A611(1)A$0238,649D
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. Time-vested restricted stock units granted to the reporting person pursuant to the Axon Enterprise, Inc. Amended and Restated 2022 Stock Incentive Plan. 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.
Remarks:
/s/ Hadi Partovi, by Isaiah Fields, Attorney-in-Fact06/01/2026
** 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 insider transaction did Hadi Partovi report for AXON in this Form 4?

Hadi Partovi reported receiving 611 shares of Axon common stock as a grant of time-vested restricted stock units. The units were awarded at $0.00 per share under Axon’s Amended and Restated 2022 Stock Incentive Plan as part of his director compensation.

How many AXON shares were granted to Hadi Partovi and at what price?

Hadi Partovi was granted 611 shares of Axon common stock through restricted stock units at a price of $0.00 per share. This reflects a compensation award rather than an open-market purchase and carries no immediate cash outlay by the director for these shares.

When will Hadi Partovi’s 611 AXON restricted stock units vest?

The 611 time-vested restricted stock units granted to Hadi Partovi are scheduled to vest in full on the earlier of the one-year anniversary of the grant date and the date of Axon’s 2027 Annual Meeting of Shareholders, according to the grant footnote in the filing.

How many AXON shares does Hadi Partovi hold after this restricted stock grant?

After the grant of 611 restricted stock units, Hadi Partovi directly holds 238,649 shares of Axon common stock. This total reflects his direct ownership position following the reported award and provides context for the relative size of this compensation grant.

Under which plan were Hadi Partovi’s AXON restricted stock units granted?

The 611 restricted stock units granted to Hadi Partovi were issued under the Axon Enterprise, Inc. Amended and Restated 2022 Stock Incentive Plan. This plan is used by Axon to provide equity-based compensation awards such as restricted stock units to eligible participants, including directors.