Roth Jason Aaron 4

What Happened

• Jason Aaron Roth, President—Electronic Components at Arxis, was granted 335,515 shares of Class A common stock on 2026-04-16 as a restricted stock award and acquired 60,000 additional shares on 2026-04-17 at $28.00 per share for a total cash outlay of $1,680,000.
• The 335,515-share award was issued as a replacement of prior equity interests in a subsidiary following the company’s IPO reorganization; 204,591 of those shares remain subject to time-based vesting.

Key Details

• Transaction dates/prices:
  • 2026-04-16 — Award (A): 335,515 shares (no per-share price applicable). (Footnote: replacement of subsidiary equity from IPO reorg.)
  • 2026-04-17 — Purchase (P): 60,000 shares @ $28.00 = $1,680,000. (Footnote: purchased through directed share program in connection with the IPO.)
• Shares owned after the transactions: Not specified in the Form 4 filing.
• Vesting/restrictions: 204,591 of the awarded shares remain subject to time-vesting conditions.
• Filing timeliness: Form 4 filed 2026-04-20; appears to be filed within the required 2-business-day window for these trades.

Context

• The purchase was a personal buy through a directed share program (IPO allocation), not an open-market dip buy; such insider purchases are often watched by investors as a signal of insider participation but do not prove future performance.
• The award represents a reorganization replacement and includes restricted (time-vesting) shares, which are typically not immediately saleable.