[Form 4] AXON ENTERPRISE, INC. Insider Trading Activity

Rhea-AI Filing Summary

Jeri Williams, a director of Axon Enterprise, Inc. (AXON), reported a sale of company stock on 09/11/2025. The Form 4 shows she disposed of 100 shares of Common Stock in one or more trades at a weighted average price of $752.5434 per share, with execution prices ranging from $752.50 to $752.61. Following the reported transaction, the filing lists 1,416 shares beneficially owned by Ms. Williams in a direct ownership form. The filing was signed on her behalf by an attorney-in-fact, Isaiah Fields.

Positive

• Transparent disclosure of the sale date, number of shares sold, and weighted average price
• Price range provided (transactions executed between $752.50 and $752.61) and commitment to provide trade details on request
• Filing executed and signed (signed by attorney-in-fact Isaiah Fields), indicating formal completion

Negative

• Insider disposed of shares (100 shares sold), which reduces the director's direct holdings
• No explanation provided in the filing for the reason behind the sale

Insights

Financial Analyst

TL;DR: Director sale of 100 shares at $752.54; holding remains 1,416 shares — informational but not clearly material.

The Form 4 discloses a routine Section 16 sale by a director on 09/11/2025. The transaction size is explicitly 100 shares sold at a weighted average price of $752.5434, with prices between $752.50 and $752.61, and the director retains 1,416 shares. From an investor-monitoring perspective, this is a factual disclosure of insider activity; the filing does not include any accompanying explanation for the sale or evidence of a larger pattern. The clear reporting and the price-range disclosure support transparency for market participants.

Corporate Governance Expert

TL;DR: Timely Form 4 filing shows a small, documented director sale with proper signature by attorney-in-fact.

The filing identifies the reporting person as a director and indicates the Form 4 was filed by one reporting person. The statement includes a standard explanatory note that multiple trades occurred and provides a weighted average price, which is consistent with best-practice disclosure. The signature block shows the report was executed by an attorney-in-fact, Isaiah Fields, dated 09/11/2025. There are no governance red flags or additional disclosures in this filing beyond the single sale reported.

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).

1. Name and Address of Reporting Person^*

Williams Jeri

(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)
09/11/2025

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	09/11/2025		S		100	D	$752.5434(1)	1,416	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 $752.50 to $752.61. 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/ Jeri Williams, by Isaiah Fields, Attorney-in-Fact	09/11/2025
	** 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 transaction did Jeri Williams report on Form 4 for AXON?

The Form 4 reports that Jeri Williams sold 100 shares of Axon common stock on 09/11/2025.

At what price were the AXON shares sold in the Form 4?

The sale was executed at a weighted average price of $752.5434 per share, with trade prices ranging from $752.50 to $752.61.

How many AXON shares does Jeri Williams beneficially own after the reported transaction?

Following the reported sale, the Form 4 lists 1,416 shares beneficially owned by Jeri Williams in direct form.

Who signed the Form 4 filing for Jeri Williams?

The Form 4 was signed on behalf of Jeri Williams by Isaiah Fields, Attorney-in-Fact, dated 09/11/2025.

Does the Form 4 explain why the AXON shares were sold?

No. The filing contains no explanation for the reason behind the sale beyond an execution price range and weighted average price.