Form 4: Axos Financial CFO's Stock Holdings Update

Axos Financial's EVP and CFO, Derrick Walsh, reported the vesting of Restricted Stock Units and related stock transactions.

Summary

• Derrick Walsh, EVP, Chief Financial Officer of Axos Financial, Inc. (AX), reported transactions related to his beneficial ownership of common stock.
• On September 23, 2025, 1,993 shares of common stock were acquired following the vesting of Restricted Stock Units (RSUs).
• Concurrently, 1,073 shares of common stock were disposed of by Axos Financial, Inc. for tax withholding purposes at a price of $88.46 per share.
• Following these transactions, Walsh directly beneficially owns 42,932 shares of common stock and indirectly owns 2,737 shares through a 401(k) Plan.
• Walsh also holds 16,672 Restricted Stock Units.

Sentiment

Score: 6

Explanation: Routine insider transaction involving RSU vesting and tax-related share disposition, indicating compensation realization for a key executive. No new fundamental information impacting company valuation.

Positives

• Vesting of 1,993 Restricted Stock Units for the EVP, Chief Financial Officer, Derrick Walsh, indicates a realization of executive compensation.
• The RSU vesting is part of the Axos Financial, Inc. 2014 Amended and Restated 2014 Stock Incentive Plan, demonstrating a structured compensation framework.

Negatives

• 1,073 shares of common stock were disposed of for tax withholding purposes, reducing the direct beneficial ownership by that amount. This is a standard practice for net-settlement of vested RSUs.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Minor impact on shareholders due to the routine nature of executive compensation and associated share transactions.

Next Steps

• Future vesting of remaining Restricted Stock Units, which vest as to one-third of the shares on each anniversary of the date of grant.

Key Dates

Recommendation

The filing details a routine insider transaction involving the vesting of Restricted Stock Units and subsequent sale of shares for tax withholding. This event is part of the executive's compensation plan and does not provide new fundamental information about the company's operational performance or strategic direction that would warrant a change in investment recommendation.

Keywords

Axos Financial, AX, Derrick Walsh, Form 4, Insider Trading, Restricted Stock Units, RSU Vesting, CFO, Stock Ownership