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AXIS Capital (NYSE: AXS) officer receives new performance-based stock awards

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

AXIS Capital Holdings Ltd. reported new stock awards to a senior executive. Group Chief Underwriting Officer Daniel J. Draper acquired 6,438 common shares and 5,502 common shares on January 27, 2026, both at a price of $0 per share, increasing his direct holdings to 28,209 common shares.

The Human Capital and Compensation Committee confirmed that performance goals for restricted stock units granted on January 24, 2023 were met. These performance-based restricted stock units are scheduled to vest in a single installment on March 1, 2026, tying a portion of the award to long-term performance.

Positive

  • None.

Negative

  • None.
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
Estimated average burden
hours per response: 0.5
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)
C/O AXIS CAPITAL HOLDINGS LIMITED
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)
01/27/2026
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 01/27/2026 A 6,438 A $0 22,707 D
Common Shares 01/27/2026 A 5,502(1) A $0 28,209 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. On January 27, 2026, the Company's Human Capital and Compensation Committee determined satisfaction of performance criteria for performance-based restricted stock units granted on January 24, 2023. The restricted stock units will vest in a single installment on March 1, 2026.
Remarks:
G. Christina Gray-Trefry, Attorney-in-Fact 01/29/2026
** 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 AXIS Capital (AXS) disclose about Daniel J. Draper in this Form 4?

AXIS Capital disclosed that Group Chief Underwriting Officer Daniel J. Draper acquired two blocks of common shares on January 27, 2026, as equity awards. These were reported as non-cash transactions related to performance-based restricted stock units previously granted in January 2023.

How many AXIS Capital (AXS) shares did Daniel J. Draper acquire and at what price?

Daniel J. Draper acquired 6,438 common shares and 5,502 common shares of AXIS Capital, both at a reported price of $0 per share. These share grants reflect equity compensation rather than open-market purchases, and increased his directly held AXIS Capital common shares to 28,209.

What are the performance-based restricted stock units mentioned in the AXIS Capital (AXS) filing?

The filing explains that performance-based restricted stock units were granted on January 24, 2023. On January 27, 2026, the Human Capital and Compensation Committee determined the performance criteria were satisfied, allowing the units to convert into shares that will vest in a single installment on March 1, 2026.

When will Daniel J. Draper’s AXIS Capital (AXS) restricted stock units vest?

The performance-based restricted stock units tied to this Form 4 are scheduled to vest in a single installment on March 1, 2026. Vesting occurs after the Human Capital and Compensation Committee determined on January 27, 2026, that the required performance criteria had been satisfied.

What is Daniel J. Draper’s role at AXIS Capital (AXS) according to the Form 4?

According to the Form 4, Daniel J. Draper serves as Group Chief Underwriting Officer at AXIS Capital Holdings Ltd. He is not listed as a director or 10% owner, but as an officer receiving equity compensation through common share awards and performance-based restricted stock units.

How many AXIS Capital (AXS) shares does Daniel J. Draper own after these transactions?

Following the reported January 27, 2026 transactions, Daniel J. Draper beneficially owns 28,209 AXIS Capital common shares directly. This balance reflects the share awards acquired at $0 per share as part of his equity compensation and reported in this Form 4 filing.
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