Form 4: Axos Financial Executive Thomas Constantine Reports Stock Transactions
SEC Form 4 Filing
Thomas Constantine, EVP and Chief Credit Officer of Axos Financial, reports the vesting and subsequent sale of shares related to restricted stock units.
Summary
- On September 23, 2024, Thomas Constantine, EVP and Chief Credit Officer of Axos Financial, Inc., reported transactions involving the company's common stock.
- 2,038 shares were acquired upon the vesting of Restricted Stock Units (RSUs) at a price of $65.86 per share.
- Simultaneously, 1,095 shares were disposed of at $65.86 per share to cover tax withholding obligations.
- Following these transactions, Constantine directly owns 22,493 shares of common stock and indirectly owns 2,581 shares through a 401(k) plan.
- He also holds 19,381 Restricted Stock Units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with neutral sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for executives holding company stock and RSUs. It provides transparency into management's holdings and trading activities.
Stakeholder Impact
- The transactions have a minimal impact on stakeholders as they represent a small portion of the overall outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 09/23/2024 | Date of stock transactions (vesting and sale of shares). |
| 09/25/2024 | Date of signature on the Form 4 filing. |
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