Form 4: Axos Financial Executive Thomas Constantine Reports Stock Transactions
SEC Form 4
Thomas Constantine, EVP and Chief Credit Officer of Axos Financial, reports the vesting and sale of restricted stock units for tax purposes.
Summary
- On August 25, 2024, Thomas Constantine, EVP and Chief Credit Officer of Axos Financial, Inc., reported transactions involving Axos Financial common stock.
- He acquired 1,359 shares of common stock upon the vesting of restricted stock units (RSUs) at a price of $69.69 per share.
- Simultaneously, 730 shares were disposed of at $69.69 per share to cover tax withholding obligations related to the RSU vesting.
- Following these transactions, Constantine directly owns 20,659 shares of common stock and indirectly owns 2,594 shares through a 401(k) plan.
- He also holds 20,180 restricted stock units, which vest in one-third increments on each anniversary of the grant date.
Sentiment
Score: 5
Explanation: Neutral sentiment as it is a standard regulatory filing of stock transactions.
Industry Context
This is a routine disclosure of stock transactions by a company executive, which is common practice and required by the SEC to ensure transparency and prevent insider trading.
Key Dates
| Date | Description |
|---|---|
| 08/25/2024 | Date of stock transactions (vesting of RSUs and sale for tax withholding). |
| 08/28/2024 | Date of signature on the Form 4 filing. |
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