Axon (NASDAQ: AXON) CRO has shares withheld to cover RSU tax bill
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AXON ENTERPRISE, INC. chief revenue officer Cameron Brooks reported a tax-related share disposition. On the reported date, 764.61 shares of common stock were withheld at $579.09 per share to cover his tax liability from vesting restricted stock units. After this withholding, he directly owned 58,766.39 shares of Axon common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Brooks Cameron
Role
CHIEF REVENUE OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 764.61 | $579.09 | $443K |
Holdings After Transaction:
Common Stock — 58,766.39 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did AXON's Cameron Brooks report on this Form 4?
Cameron Brooks reported a tax-withholding disposition of Axon common stock. A total of 764.61 shares were withheld to satisfy his tax liability arising from the vesting of restricted stock units, as disclosed in the Form 4 footnote.
Was Cameron Brooks’ AXON Form 4 transaction an open-market sale?
The transaction was not an open-market sale; it was a tax-withholding disposition. Shares were withheld by Axon to cover Cameron Brooks’ tax liability from vesting restricted stock units, as described in the Form 4 footnote and transaction code F.
What does transaction code F mean in Cameron Brooks’ AXON Form 4?
Transaction code F indicates payment of tax liability or exercise price by delivering securities. In this filing, it reflects Axon withholding 764.61 shares from Cameron Brooks’ vested restricted stock units to cover his related tax obligations.