Form 4: Axos Financial Executive Raymond Matsumoto Reports Stock Transactions

Raymond Matsumoto, EVP and Chief Operating Officer of Axos Financial, reports the vesting and subsequent sale of restricted stock units for tax withholding.

Summary

• Raymond Matsumoto, an executive at Axos Financial, Inc., reported transactions involving the company's common stock on March 15, 2025.
• The transactions involved the vesting of restricted stock units (RSUs) and the subsequent issuance of common stock.
• A total of 4,428 RSUs vested and were converted into common stock at a price of $63.94 per share.
• Axos Financial retained 2,460 shares of common stock for tax withholding purposes related to the RSU settlement.
• Following these transactions, Matsumoto directly owns 33,959 shares of common stock and indirectly owns 2,078 shares through a 401(k) plan.
• He also directly owns 20,128 restricted stock units.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider transactions, which are common for executives who receive stock-based compensation. It provides transparency into the trading activities of company insiders.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they involve the issuance of shares related to existing compensation plans.

Key Dates