Form 4: Axos Financial EVP Raymond Matsumoto Reports Stock Transactions Following RSU Vesting
SEC Form 4 Filing
Raymond Matsumoto, EVP and Chief Operating Officer of Axos Financial, reports the acquisition and disposal of common stock related to the vesting of restricted stock units (RSUs).
Summary
- On September 23, 2024, Raymond Matsumoto, EVP and COO of Axos Financial, acquired 2,491 shares of common stock upon the vesting of RSUs at a price of $65.86 per share.
- Simultaneously, 1,338 shares were disposed of at $65.86 per share to cover tax withholding obligations related to the RSU vesting.
- Following these transactions, Matsumoto directly owns 31,991 shares of Axos Financial common stock and indirectly owns 1,883 shares through a 401(k) plan.
- He also holds 24,556 Restricted Stock Units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation adjustments.
Key Dates
| Date | Description |
|---|---|
| 09/23/2024 | Date of transaction: RSU vesting and stock acquisition/disposal. |
| 09/25/2024 | Date of signature on the Form 4 filing. |
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