GILL ANN 4
4 · Axos Financial, Inc. · Filed Mar 24, 2026
Research Summary
AI-generated summary of this filing
Axos Financial (AX) SVP Ann Gill Receives RSUs; Withholds Shares for Taxes
What Happened Ann Gill, Senior Vice President and Chief Accounting Officer of Axos Financial, had 601 restricted stock units (RSUs) vest on March 20, 2026. Those RSUs converted into 601 shares of common stock valued at $82.93 each (total ≈ $49,841). The company withheld 323 shares for tax obligations (323 × $82.93 ≈ $26,786), leaving a net delivery of 278 shares to Ms. Gill (net value ≈ $23,055).
Key Details
- Transaction date: March 20, 2026. Form filed March 24, 2026 (no late‑filing flag shown in the provided excerpt).
- Gross shares issued on vesting: 601 shares at $82.93 (total ≈ $49,841).
- Shares withheld for taxes: 323 shares at $82.93 (total ≈ $26,786).
- Net shares retained by insider: 278 shares (net value ≈ $23,055).
- Relevant footnotes: RSUs were granted under Axos Financial’s 2014 Stock Incentive Plan, vesting one‑third each anniversary; RSUs carry dividend equivalent rights; company retained shares for tax withholding (net settlement).
- "M" transaction lines reflect conversion/settlement of the derivative RSUs; the zero‑price line reflects the derivative reporting mechanics.
Context This was an RSU vesting and net‑settlement for tax withholding, not an open‑market buy or discretionary sale. Such transactions are routine compensation events: the company issued shares on vesting and retained a portion to satisfy tax withholding. For retail investors, RSU vesting shows executive compensation being realized but does not by itself indicate a purchase decision or change in insider sentiment.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-03-20$82.93/sh+601$49,841→ 10,904 total - Disposition to Issuer
Common Stock
[F2]2026-03-20$82.93/sh−323$26,786→ 10,581 total - Exercise/Conversion
Restricted Stock Units
[F3][F4][F5]2026-03-20−601→ 8,185 total→ Common Stock (601 underlying)
- 1,423(indirect: By 401(k))
Common Stock
Footnotes (5)
- [F1]Represents shares of Common Stock issued on March 20, 2026, following the vesting of Restricted Stock Units ("RSUs") which vest as to one-third of the shares on each anniversary of the date of grant. The RSUs were previously granted to the reporting person under the Axos Financial, Inc. 2014 Amended and Restated 2014 Stock Incentive Plan.
- [F2]Represents shares of Common Stock retained by Axos Financial, Inc. for tax withholding purposes in connection with the net-settlement on the issuance of shares of Common Stock in respect to the vested RSUs.
- [F3]The RSUs were granted to the reporting person under the Axos Financial, Inc. 2014 Stock Incentive Plan. The RSUs are accompanied by dividend equivalent rights.
- [F4]Each RSU represents a contingent right to receive one share of Axos Financial, Inc. Common Stock.
- [F5]The RSUs vest as to one-third of the shares on each anniversary date of grant.