Axis Capital (AXS) Form 4: Draper disposes 4,305 shares; retains 16,269

Rhea-AI Filing Summary

Daniel J. Draper, Group Chief Underwriting Officer and director of Axis Capital Holdings Ltd (AXS), reported the sale of 4,305 common shares on 08/20/2025 at a weighted-average price of $97.57 per share (trades ranged $97.22–$97.88). After the sale he beneficially owns 16,269 shares. The filing was signed by an attorney-in-fact on 08/21/2025. The report discloses the sale price range and notes Mr. Draper will provide details of shares sold at each price upon request.

Positive

• Timely disclosure of insider sale consistent with Section 16 reporting obligations
• Price transparency provided via weighted-average price and stated per-trade range
• Continued ownership disclosed: reporting person retains 16,269 shares after the sale

Negative

• Insider sale of 4,305 shares could be interpreted by some investors as reducing executive ownership
• No contextual explanation for the sale (e.g., personal liquidity, tax, or planned transactions) is provided in the filing

Insights

Securities Analyst

TL;DR: Director sold a modest block of shares at market prices, leaving a measurable but not controlling stake.

The Form 4 documents an open-market sale of 4,305 AXS common shares at a weighted-average price of $97.57, reducing the reporting person’s holdings to 16,269 shares. This is a routine disclosure of insider liquidity rather than an operational or financial change at the issuer. The sale price range and the reporter’s offer to disclose per-price quantities increase transparency for investors and regulators. No derivative transactions or purchases are reported in this filing.

Corporate Governance Expert

TL;DR: Timely Form 4 filing shows compliance; insider sale noted but no additional governance events disclosed.

The filing identifies Daniel J. Draper as both an officer (Group Chief Underwriting Officer) and a director and records an outright sale of shares executed on 08/20/2025. The report was properly executed by an attorney-in-fact and includes an explanatory footnote on the weighted-average sale price. There are no indications of related-party transactions, change in role, or amendments to prior disclosures in this document. Governance implications are limited to the disclosure of insider selling activity.

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).

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^*

Draper Daniel J

(Last) (First) (Middle)

52 LIME STREET

(Street)

LONDON X0 EC3M 7AF

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
AXIS CAPITAL HOLDINGS LTD [ AXS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Grp Chief Underwriting Officer

3. Date of Earliest Transaction (Month/Day/Year)
08/20/2025

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 Shares	08/20/2025		S		4,305	D	$97.57(1)	16,269	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 reported price is a weighted average price. These shares of AXS Common Stock were sold in multiple transactions at prices ranging from $97.22 to $97.88 per share. Mr. Draper undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares of AXS Common Stock sold at each separate price within the range set forth in this footnote.

Remarks:

	G. Christina Gray-Trefry, Attorney-in-Fact	08/21/2025
	** 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 did Daniel J. Draper report on Form 4 for AXS?

He reported the sale of 4,305 common shares of Axis Capital Holdings Ltd on 08/20/2025 at a weighted-average price of $97.57 per share and retains 16,269 shares beneficially.

At what price range were the AXS shares sold in the Form 4?

The filing states trades occurred at prices ranging from $97.22 to $97.88 per share and reports a weighted-average price of $97.57.

Does the Form 4 show any acquisitions or derivative transactions for AXS?

No. The Form 4 only reports a disposition (sale) of common shares; there are no derivative acquisitions or exercises listed.

Who signed the Form 4 for the reporting person and when?

The Form 4 was signed by G. Christina Gray-Trefry, Attorney-in-Fact on 08/21/2025.

What is the reporting person’s role at Axis Capital (AXS)?

The filing lists Daniel J. Draper as a Director and an Officer with the title Group Chief Underwriting Officer.