Form 4: Axos Financial EVP Thomas Constantine Reports Stock Transactions Following RSU Vesting

Thomas Constantine, EVP and Chief Credit Officer of Axos Financial, reports the acquisition and disposal of common stock following the vesting of restricted stock units.

Summary

• On March 15, 2025, Thomas Constantine, EVP and Chief Credit Officer of Axos Financial, Inc., reported transactions involving Axos Financial common stock.
• The transactions involved the vesting of Restricted Stock Units (RSUs) granted under the Axos Financial, Inc. 2014 Stock Incentive Plan.
• A total of 3,617 RSUs vested and were converted into common stock at a price of $63.94 per share.
• Constantine acquired 1,585 and 2,032 shares of common stock upon the vesting of RSUs.
• He disposed of 853 and 1,184 shares for tax withholding purposes.
• Following these transactions, Constantine directly owns 19,518 shares of common stock and indirectly owns 2,776 shares through a 401(k) plan.
• He also directly owns 15,764 Restricted Stock Units.

Sentiment

Score: 6

Explanation: Neutral sentiment as the filing reflects routine executive compensation activity (RSU vesting and tax withholding). There's no indication of unusual or concerning activity.

Positives

• The vesting of RSUs indicates that Constantine has met certain performance or time-based requirements set by the company.
• Increased direct ownership of Axos Financial stock aligns Constantine's interests with those of shareholders.

Negatives

• The disposal of shares to cover tax obligations, while standard, slightly reduces Constantine's overall holdings.

Industry Context

Form 4 filings are a routine part of executive compensation and provide transparency into the trading activities of company insiders. This filing indicates standard RSU vesting and tax withholding practices.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and do not significantly alter the company's financial position.

Key Dates