AXIS Capital (NYSE: AXS) officer receives new performance-based stock awards
Filing Impact
Filing Sentiment
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.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Draper Daniel J
Role
Grp Chief Underwriting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 6,438 | $0.00 | -- |
| Grant/Award | Common Shares | 5,502 | $0.00 | -- |
Holdings After Transaction:
Common Shares — 22,707 shares (Direct)
Footnotes (1)
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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.
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.