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

Rhea-AI Filing Summary

Caitlin E. Kalinowski, identified as a director of Axon Enterprise (AXON), reported two separate sales of common stock on 08/07/2025 totaling 580 shares.

The filing shows a sale of 476 shares at a weighted-average price of $870.7414 and a sale of 104 shares at a weighted-average price of $872.0066. The two report lines list beneficial ownership amounts of 4,799 and 4,695 shares following the respective transactions. The Form 4 was executed through an attorney-in-fact and discloses the transaction details and weighted-average prices without additional commentary.

Insights

Securities Analyst

TL;DR Insider director executed small-volume sales totaling 580 shares at roughly $871 per share; filings disclose remaining beneficial ownership.

The two reported transactions are explicit sales rather than option exercises or other derivative actions, with weighted-average sale prices of $870.7414 and $872.0066. The entries show post-transaction beneficial ownership figures (4,799 and 4,695 shares) but do not reconcile into a single total ownership figure or provide context for the sales. From a market-materiality perspective, the disclosed volumes are modest relative to large-cap equity float and present routine insider selling activity rather than a material corporate event.

Corporate Governance Expert

TL;DR Filing demonstrates compliance with Section 16 disclosure requirements; sales were executed via multiple trades and documented by weighted averages.

The reporting shows appropriate disclosure of transaction codes and weighted-average prices and includes an explanation that the sales were executed in multiple trades with price ranges provided. An attorney-in-fact signed the form, indicating representation in submitting the disclosure. The filing contains factual transaction-level detail but does not indicate any change in board status, employment, or other governance actions.

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
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^*

Kalinowski Caitlin Elizabeth

(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)
08/07/2025

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	08/07/2025		S		476	D	$870.7414(1)	4,799	D
Common Stock	08/07/2025		S		104	D	$872.0066(2)	4,695	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 $870.33 to $871.04. 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.

2. The transaction was executed in multiple trades at prices ranging from $871.335 to $872.33. 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.

Remarks:

	/s/ Caitlin E. Kalinowski by Isaiah Fields, Attorney-in-Fact	08/11/2025
	** 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 insider activity did AXON report in this Form 4?

The report shows two sales by director Caitlin E. Kalinowski on 08/07/2025, disposing of 476 and 104 common shares respectively, totaling 580 shares.

At what prices were the AXON shares sold according to the filing?

The filing reports weighted-average sale prices of $870.7414 for the 476-share sale and $872.0066 for the 104-share sale, executed in multiple trades.

How many AXON shares did the reporting person hold after these transactions?

The Form 4 lists post-transaction beneficial ownership amounts of 4,799 shares on one line and 4,695 shares on the other line for the respective transactions.

Was the Form 4 signed directly by the reporting person?

The Form 4 was signed on behalf of the reporting person by an attorney-in-fact, indicating the submission was authorized through representation.

Does the filing indicate these transactions were part of a Rule 10b5-1 trading plan?

The document includes the form checkboxes but does not explicitly state within the disclosed transaction lines that these sales were made pursuant to a Rule 10b5-1 plan.