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Axis Capital (AXS) officer uses common shares to cover taxes

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

Rhea-AI Filing Summary

AXIS Capital Holdings Ltd executive Daniel J. Draper, the Group Chief Underwriting Officer, reported two tax-related share dispositions. On March 1, 2026, he used 2,586 common shares and 2,941 common shares, each at $105.72 per share, to cover tax liabilities on equity awards. Following these tax-withholding transactions, he continued to hold 25,623 and 22,682 common shares in the respective holdings.

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)
03/01/2026
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 03/01/2026 F 2,586 D $105.72 25,623 D
Common Shares 03/01/2026 F 2,941 D $105.72 22,682 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:
Remarks:
G. Christina Gray-Trefry, Attorney-in-Fact 03/03/2026
** 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 insider transaction did AXIS Capital (AXS) report for Daniel J. Draper?

AXIS Capital reported that Daniel J. Draper executed two tax-withholding share dispositions. On March 1, 2026, he used 2,586 and 2,941 common shares, respectively, to satisfy tax obligations related to equity awards, rather than conducting open-market sales.

Was the AXIS Capital (AXS) insider activity a typical tax-withholding transaction?

Yes, both transactions were coded “F,” indicating payment of tax liability by delivering securities. Draper disposed of common shares specifically to cover taxes on equity awards, which is a routine administrative mechanism rather than a discretionary open-market purchase or sale.

How many AXIS Capital (AXS) shares did Daniel J. Draper dispose of for taxes?

Draper disposed of 2,586 common shares in one transaction and 2,941 common shares in another. Both occurred on March 1, 2026, at a transaction price of $105.72 per share, and were reported as tax-withholding dispositions rather than ordinary sales.

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

After the tax-withholding dispositions, Draper held 25,623 common shares in connection with one transaction and 22,682 common shares in connection with the other. These figures reflect direct ownership reported immediately following the respective March 1, 2026 transactions.

Does the AXIS Capital (AXS) Form 4 show Daniel J. Draper buying or selling shares on the market?

The Form 4 does not show open-market buying or selling. Instead, it reports two “F” coded tax-withholding dispositions, where shares were delivered to satisfy tax liabilities arising from equity awards, a common non-cash administrative transaction for executives.
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