AXIS Capital (AXS) CEO gets 60,662-share award and withholds 33,615 shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AXIS Capital Holdings President and CEO Vincent C. Tizzio reported equity compensation and related tax withholding transactions in company common shares. On May 13, 2026, he acquired 60,662 common shares at $0.00 per share through a grant, after the Human Capital and Compensation Committee determined that performance criteria for performance-based restricted stock units granted on May 4, 2023 had been satisfied.
Those performance-based restricted stock units vested in a single installment on June 1, 2026. On that same date, a total of 33,615 common shares were disposed of as tax-withholding transactions at $95.90 per share to satisfy tax liabilities, rather than as open-market sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Tizzio Vincent C
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Shares | 31,029 | $95.90 | $2.98M |
| Tax Withholding | Common Shares | 2,586 | $95.90 | $248K |
| Grant/Award | Common Shares | 60,662 | $0.00 | -- |
Holdings After Transaction:
Common Shares — 179,832 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Equity grant: 60,662 common shares
Tax withholding shares: 33,615 common shares
Tax withholding price: $95.90 per share
+4 more
7 metrics
Equity grant
60,662 common shares
Grant/award acquisition on May 13, 2026 at $0.00 per share
Tax withholding shares
33,615 common shares
Two F-code tax-withholding dispositions on June 1, 2026
Tax withholding price
$95.90 per share
Price used for June 1, 2026 tax-withholding dispositions
First F-code disposition
2,586 common shares
Tax-withholding disposition on June 1, 2026
Second F-code disposition
31,029 common shares
Tax-withholding disposition on June 1, 2026
Performance RSU grant date
May 4, 2023
Original grant date of performance-based restricted stock units
Vesting date
June 1, 2026
Performance-based restricted stock units vested in a single installment
Key Terms
performance-based restricted stock units, tax-withholding disposition, Human Capital and Compensation Committee, grant, award, or other acquisition, +1 more
5 terms
performance-based restricted stock units financial
"performance-based restricted stock units granted on May 4, 2023."
Performance-based restricted stock units are a type of employee equity award that converts into company shares only if predefined financial or operational targets are met over a set period. Think of it like a bonus check that becomes stock only when specific goals are hit; it ties pay to results, aligning managers’ incentives with shareholders. Investors care because these awards affect future share count, executive incentives, and signal how management’s success will be measured and rewarded.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Human Capital and Compensation Committee financial
"the Company's Human Capital and Compensation Committee determined satisfaction of performance criteria"
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transactions did AXIS Capital (AXS) CEO Vincent Tizzio report?
Vincent C. Tizzio reported a grant of 60,662 AXIS Capital common shares and two related tax-withholding dispositions totaling 33,615 shares. These transactions reflect equity compensation vesting and tax payments, not open-market buying or selling activity.
Were the AXIS Capital (AXS) CEO’s transactions open-market purchases or sales?
No open-market purchases or sales were reported. The filing shows one acquisition via a share grant and two F-code tax-withholding dispositions, which are used to pay tax obligations on vested equity awards rather than to trade shares on the market.