Axon CEO sells 10,000 shares above $500

Axon’s CEO reported pre-planned open-market sales totaling 10,000 shares on September 8, 2026 under a Rule 10b5-1 trading plan.

Rhea-AI Filing Summary

AXON ENTERPRISE, INC. (AXON) reported that Chief Executive Officer and director Patrick W. Smith sold a total of 10,000 shares of common stock on September 8, 2026. The sales were executed in multiple trades at weighted average prices ranging from $501.99 to $513.38 per share under a Rule 10b5-1 trading plan adopted on May 12, 2025.

Insider Trade Summary 10b5-1

Net Seller: 10,000 shares

Net Sell 11 txns

Insider SMITH PATRICK W

Role CHIEF EXECUTIVE OFFICER

Sold 10,000 shs ($5.09M)

Type	Security	Shares	Price	Value
Sale	Common Stock F1	71	$501.99	$36K
Sale	Common Stock F1, F2	410	$503.7367	$207K
Sale	Common Stock F1, F3	1,104	$505.5922	$558K
Sale	Common Stock F1, F4	744	$506.4781	$377K
Sale	Common Stock F1, F5	749	$507.476	$380K
Sale	Common Stock F1, F6	1,774	$508.4505	$902K
Sale	Common Stock F1, F7	1,319	$509.3189	$672K
Sale	Common Stock F1, F8	1,348	$510.587	$688K
Sale	Common Stock F1, F9	1,251	$511.4341	$640K
Sale	Common Stock F1, F10	1,033	$512.7022	$530K
Sale	Common Stock F1, F11	197	$513.3808	$101K

Holdings After Transaction: Common Stock — 3,118,012 shares (Direct)

Footnotes (11)

1. 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.
2. F2. The transaction was executed in multiple trades at prices ranging from $503.46 to $504.21. 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.
3. F3. The transaction was executed in multiple trades at prices ranging from $504.94 to $505.875. 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.
4. F4. The transaction was executed in multiple trades at prices ranging from $505.95 to $506.885. 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.
5. F5. The transaction was executed in multiple trades at prices ranging from $506.96 to $507.90. 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.
6. F6. The transaction was executed in multiple trades at prices ranging from $507.97 to $508.95. 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.
7. F7. The transaction was executed in multiple trades at prices ranging from $508.985 to $509.91. 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.
8. F8. The transaction was executed in multiple trades at prices ranging from $510.045 to $511.04. 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.
9. F9. The transaction was executed in multiple trades at prices ranging from $511.045 to $511.985. 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.
10. F10. The transaction was executed in multiple trades at prices ranging from $512.19 to $513.105. 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.
11. F11. The transaction was executed in multiple trades at prices ranging from $513.23 to $513.645. 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: 10,000 shares Lowest reported weighted average sale price: $501.99 per share Highest reported weighted average sale price: $513.38 per share +2 more

5 metrics

Shares sold 10,000 shares Total common shares sold by CEO on September 8, 2026

Lowest reported weighted average sale price $501.99 per share Common stock sale on September 8, 2026

Highest reported weighted average sale price $513.38 per share Common stock sale on September 8, 2026

Number of sale transactions 11 transactions Non-derivative open-market or private sales reported

Rule 10b5-1 plan adoption date May 12, 2025 Plan governing the September 8, 2026 sales

Key Terms

Rule 10b5-1 trading plan, weighted average sales price, open market or private transaction

3 terms

Rule 10b5-1 trading plan regulatory

"transactions reported in this Form 4 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"

open market or private transaction financial

"Sale in open market or private transaction"

FAQ

What insider transaction did AXON (Axon Enterprise, Inc.) disclose in this Form 4?

Axon Enterprise, Inc. disclosed that CEO and director Patrick W. Smith sold 10,000 shares of Axon common stock on September 8, 2026 in a series of open-market or private transactions at weighted average prices above $500 per share.

At what prices did the AXON CEO sell shares in the September 8, 2026 transactions?

The CEO’s reported sales of Axon (AXON) common stock on September 8, 2026 occurred at weighted average prices between $501.99 and $513.38 per share, with several trades executed in narrower price ranges as detailed in the Form 4 footnotes.

How many AXON shares did the CEO sell in total on September 8, 2026?

Patrick W. Smith reported selling a total of 10,000 shares of Axon (AXON) common stock on September 8, 2026, across 11 separate non-derivative sale transactions, all classified as open-market or private sales of common stock.

Were the September 8, 2026 AXON insider sales under a Rule 10b5-1 plan?

Yes. The Form 4 states that all transactions reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 12, 2025, indicating the trades were pre-arranged under that plan.

Did the AXON Form 4 disclose the exact trade prices for each CEO sale?

The Form 4 provides a weighted average sales price for each line item and notes that each transaction was executed in multiple trades within specific price ranges. It states the reporting person will provide full trade details upon request.

Does the AXON Form 4 show the CEO’s remaining share holdings after these sales?

For the reported transactions, the Form 4 data provided here does not include a non-zero “shares following transaction” figure, so the CEO’s post-transaction holdings are not stated in this dataset excerpt.

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Available on EDGAR 09/10/2026 - 04:45 PM Accepted by SEC EDGAR 09/10/2026 - 04:45 PM Learn about SEC filing dates

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).

X

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^*

SMITH PATRICK W

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/08/2026

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

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/08/2026		S(1)		71	D	$501.99	3,127,941	D
Common Stock	09/08/2026		S(1)		410	D	$503.7367(2)	3,127,531	D
Common Stock	09/08/2026		S(1)		1,104	D	$505.5922(3)	3,126,427	D
Common Stock	09/08/2026		S(1)		744	D	$506.4781(4)	3,125,683	D
Common Stock	09/08/2026		S(1)		749	D	$507.476(5)	3,124,934	D
Common Stock	09/08/2026		S(1)		1,774	D	$508.4505(6)	3,123,160	D
Common Stock	09/08/2026		S(1)		1,319	D	$509.3189(7)	3,121,841	D
Common Stock	09/08/2026		S(1)		1,348	D	$510.587(8)	3,120,493	D
Common Stock	09/08/2026		S(1)		1,251	D	$511.4341(9)	3,119,242	D
Common Stock	09/08/2026		S(1)		1,033	D	$512.7022(10)	3,118,209	D
Common Stock	09/08/2026		S(1)		197	D	$513.3808(11)	3,118,012	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 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.

2. The transaction was executed in multiple trades at prices ranging from $503.46 to $504.21. 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.

3. The transaction was executed in multiple trades at prices ranging from $504.94 to $505.875. 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.

4. The transaction was executed in multiple trades at prices ranging from $505.95 to $506.885. 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.

5. The transaction was executed in multiple trades at prices ranging from $506.96 to $507.90. 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.

6. The transaction was executed in multiple trades at prices ranging from $507.97 to $508.95. 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.

7. The transaction was executed in multiple trades at prices ranging from $508.985 to $509.91. 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.

8. The transaction was executed in multiple trades at prices ranging from $510.045 to $511.04. 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.

9. The transaction was executed in multiple trades at prices ranging from $511.045 to $511.985. 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.

10. The transaction was executed in multiple trades at prices ranging from $512.19 to $513.105. 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.

11. The transaction was executed in multiple trades at prices ranging from $513.23 to $513.645. 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/ Patrick W. Smith by Isaiah Fields, Attorney-in-Fact	09/10/2026
	** 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.
* Form 4: SEC 1474 (03-26)