Form 4: Axos Financial CRO Gifts Shares to Charitable Foundation

Axos Financial's EVP and Chief Risk Officer, John Charles Tolla, reported the disposition of 4,450 shares of common stock as a gift to a charitable foundation.

Summary

• John Charles Tolla, Executive Vice President and Chief Risk Officer of Axos Financial, Inc. (AX), reported a transaction on November 5, 2025.
• He disposed of 4,450 shares of Common Stock as a gift, with a reported price of $0.0.
• The shares were assigned to The Charles Hahn Family Foundation SPC, which is a charitable organization under Section 501(c)(3) of the Internal Revenue Code.
• Tolla serves as a director and/or officer of The Charles Hahn Family Foundation SPC and disclaims beneficial ownership of these gifted securities.
• Following this transaction, Tolla directly owns 26,132 shares of Common Stock and indirectly owns 2,591 shares through a 401(k) Plan.
• The 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).

Sentiment

Score: 6

Explanation: The transaction is a routine insider disposition for charitable purposes, which is neutral to slightly positive due to the philanthropic nature, but it does reduce the executive's direct holdings. It's not a sale for cash, which would typically be viewed more negatively.

Positives

• The transaction represents a charitable contribution, which can reflect positively on the executive's philanthropic engagement.

Negatives

• The disposition of shares, even as a gift, reduces the executive's direct equity stake in the company.

Future Outlook

NA

Industry Context

This is a routine insider transaction filing (Form 4) and does not provide broader industry context. Such filings are common for executives managing their personal equity holdings, often for estate planning or charitable giving.

Related Party Transactions

• John Charles Tolla, an executive, assigned shares to The Charles Hahn Family Foundation SPC, where he also serves as a director and/or officer. This constitutes a related party transaction due to his dual role.

Stakeholder Impact

• Shareholders: Minimal direct impact on share price or company operations from this individual executive's share disposition.
• Charitable Organization: The Charles Hahn Family Foundation SPC benefits from the receipt of 4,450 shares of Axos Financial common stock.

Key Dates

Keywords

Axos Financial, AX, John Charles Tolla, Form 4, Insider Transaction, Share Disposition, Charitable Gift, Executive Compensation, Corporate Governance