Form 4: Axos Financial EVP Derrick Walsh Reports Stock Transactions
SEC Form 4
Derrick Walsh, EVP and CFO of Axos Financial, reports the vesting and subsequent sale of shares for tax withholding.
Summary
- On March 23, 2025, Derrick Walsh, the EVP and Chief Financial Officer of Axos Financial, Inc., reported transactions involving Axos Financial common stock.
- Walsh acquired 1,433 shares of common stock at a price of $64.21 upon the vesting of Restricted Stock Units (RSUs).
- Simultaneously, 771 shares were disposed of at $64.21 for tax withholding purposes related to the RSU vesting.
- Following these transactions, Walsh directly owns 40,550 shares of Axos Financial common stock and indirectly owns 2,737 shares through a 401(k) plan.
- Walsh also holds 18,951 Restricted Stock Units.
Sentiment
Score: 5
Explanation: This is a neutral reporting of stock transactions by an executive, with no inherent positive or negative implications for the company's performance.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their stock transactions. It's a standard practice for executives to receive and vest stock options or RSUs as part of their compensation packages.
Key Dates
| Date | Description |
|---|---|
| 03/23/2025 | Date of stock transactions: vesting of RSUs and sale for tax withholding. |
| 03/25/2025 | Date of signature on the Form 4 filing. |
Keywords
Axos Financial, Derrick Walsh, Form 4, Stock Transaction, Restricted Stock Units, RSUs, Beneficial Ownership, Insider Trading
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