Axis Capital (AXS) Form 144 Reveals Insider Sales and Vesting Details

Rhea-AI Filing Summary

Form 144 filing by an insider for Axis Capital Holders Limited (AXS) discloses a proposed sale of 4,305 common shares through Morgan Stanley Smith Barney on the NYSE with an aggregate market value of $420,031.96 and approximately 78,173,983 shares outstanding. The filing records the acquisition source as restricted stock vesting under a registered plan: 1,041 shares vested 03/01/2024 and 3,264 shares vested 03/01/2025. Recent sales by the same person, Daniel Draper, are listed for August 15 and 19, 2025, totaling 4,400 shares across multiple transactions with gross proceeds shown per trade. The filer certifies no undisclosed material adverse information and includes the mandatory signature and legal notice regarding false statements.

Positive

• Disclosure compliance: Form 144 filed with broker, amounts, and acquisition details provided
• Source of shares documented: Restricted stock vesting dates (03/01/2024 and 03/01/2025) are disclosed

Negative

• Insider selling activity: Recent sales by Daniel Draper total 4,400 shares across August 15 and 19, 2025, which may be viewed negatively by some investors
• Concentration of sales: Proposed sale of 4,305 shares represents a notable single notice relative to the filer’s recent transactions

Insights

Securities Analyst

TL;DR: Routine insider liquidity rather than corporate change; filings show scheduled vesting and disclosed sales.

The Form 144 documents a planned sale of 4,305 vested shares via a broker, with clear acquisition dates tied to restricted stock vesting in 2024 and 2025. Recent executed sales totalling 4,400 shares on August 15 and 19, 2025, with stated gross proceeds, indicate the insider is monetizing vested holdings. There is no disclosure of material undisclosed corporate developments. For investors, this is a transparency event showing insider selling activity but not evidence of operational or financial stress in the issuer.

Corporate Governance Expert

TL;DR: Filing complies with Rule 144 disclosure; sales appear to be from scheduled vesting rather than ad hoc transfers.

The filing identifies the securities as restricted stock vested under a registered plan, which supports that the insider's availability to sell arises from plan vesting. The notice includes broker details, amounts, and recent sale records, meeting Form 144 disclosure norms and the signer’s certification about material information. This is a governance-compliance occurrence; it signals transparency but raises standard questions about insider selling frequency and timing relative to public information.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	4305	420031.96	78173983	08/20/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	03/01/2024	Restricted stock vesting under a registered plan	Issuer			1041	03/01/2024	Not Applicable
Common	03/01/2025	Restricted stock vesting under a registered plan	Issuer			3264	03/01/2025	Not Applicable

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
DANIEL DRAPER 92 Pitts Bay Road Pembroke D0 HM 08	Common	08/19/2025	793	76128.00
DANIEL DRAPER 92 Pitts Bay Road Pembroke D0 HM 08	Common	08/19/2025	1407	135072.00
DANIEL DRAPER 92 Pitts Bay Road Pembroke D0 HM 08	Common	08/15/2025	1075	103328.89
DANIEL DRAPER 92 Pitts Bay Road Pembroke D0 HM 08	Common	08/15/2025	8	768.96
DANIEL DRAPER 92 Pitts Bay Road Pembroke D0 HM 08	Common	08/15/2025	8	768.96
DANIEL DRAPER 92 Pitts Bay Road Pembroke D0 HM 08	Common	08/15/2025	1109	106596.97

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 filed for AXS disclose?

The notice discloses a proposed sale of 4,305 common shares via Morgan Stanley Smith Barney valued at $420,031.96 and lists recent sales by Daniel Draper on Aug 15 and 19, 2025.

Who is the seller named in the AXS Form 144?

The seller associated with the reported transactions is Daniel Draper, with address information shown in the filing.

How were the shares acquired according to the filing?

The shares were acquired via restricted stock vesting under a registered plan: 1,041 shares on 03/01/2024 and 3,264 shares on 03/01/2025.

Where will the AXS shares be sold and when?

The filing states sales will occur on the NYSE through Morgan Stanley Smith Barney, with an approximate sale date of 08/20/2025 for the proposed notice.

What recent sales by the filer are reported in the Form 144?

Recent reported sales include multiple trades on 08/15/2025 and 08/19/2025 totaling 4,400 shares with listed gross proceeds per trade.