Form 4: Axos Financial Director Sells Shares Under 10b5-1 Plan

Axos Financial Director Tamara N. Bohlig sold 2,145 shares of common stock for $86.2304 per share under a pre-arranged 10b5-1 plan.

Summary

• Director Tamara N. Bohlig of Axos Financial, Inc. sold 2,145 shares of common stock.
• The transaction occurred on December 8, 2025, at a price of $86.2304 per share.
• The sale was executed pursuant to a Rule 10b5-1(c) plan, indicating it was pre-scheduled.
• Following the transaction, Ms. Bohlig directly beneficially owns 12,919 shares of Axos Financial common stock.

Sentiment

Score: 4

Explanation: An insider sale, even under a 10b5-1 plan, can be perceived as a slight negative signal as it reduces insider ownership. However, the pre-scheduled nature mitigates a strong negative interpretation.

Positives

• The sale was conducted under a Rule 10b5-1(c) plan, indicating it was pre-scheduled and not necessarily a reaction to new, negative information.

Negatives

• An insider sale, even under a 10b5-1 plan, reduces the director's direct equity stake in the company.
• The sale of 2,145 shares at $86.2304 represents a divestment of approximately $184,900.07.

Risks

• While not explicitly stated, a reduction in insider ownership could be perceived by some investors as a slight decrease in alignment of interests, though mitigated by the 10b5-1 plan.

Future Outlook

The document does not contain any forward-looking statements or guidance regarding the company's future outlook.

Management Comments

• The document includes the signature of Derrick Walsh for Tamara Bohlig, confirming the accuracy of the reported transaction.

Industry Context

This report details an individual insider transaction and does not provide information related to broader industry trends or competitive landscape.

Comparison to Industry Standards

• Not applicable, as this report details an individual insider stock transaction rather than company performance metrics that can be benchmarked against industry standards or competitors.

Related Party Transactions

• Director Tamara N. Bohlig, a related party, sold 2,145 shares of Axos Financial common stock.

Stakeholder Impact

• Shareholders may view the reduction in director ownership, even if pre-planned, with slight caution, though the impact is generally minimal for a single transaction of this size.

Next Steps

• No specific future actions, events, or milestones for the company or the reporting person are mentioned beyond the reported transaction.

Key Dates

Recommendation

While an insider sale typically warrants caution, this transaction was executed under a Rule 10b5-1 plan, indicating it was pre-scheduled and not based on new, non-public information. This mitigates the negative signal. Without additional company-specific news or broader market context, this single transaction alone does not provide sufficient grounds for a 'buy' or 'sell' recommendation, thus a 'hold' is appropriate.

Keywords

Axos Financial, AX, Insider Trading, Form 4, Stock Sale, Director, Tamara Bohlig, 10b5-1 Plan, Beneficial Ownership