Arxis (ARXS) CEO Kevin Perhamus Buys Stock, Receives Restricted Award

What Happened

• Kevin Perhamus, President, Chief Executive Officer and a Director of Arxis, reported two transactions related to the company's IPO reorganization. On 2026-04-16 he received an award of 3,519,533 shares of Class A common stock (price N/A) issued in replacement of prior subsidiary equity. On 2026-04-17 he purchased 53,600 shares in a directed share program at $28.00 per share for a total of $1,500,800. The award includes 1,357,902 shares that remain subject to time‑vesting conditions.

Key Details

• Transaction dates and prices:
  • 2026-04-16 — Award/grant of 3,519,533 shares (no purchase price disclosed). (Code A)
  • 2026-04-17 — Purchase of 53,600 shares at $28.00 each; total = $1,500,800. (Code P)
• Shares owned after transaction: Not specified in the filing.
• Footnotes:
  • F1: Awarded shares were issued as replacements for equity in an Arxis subsidiary in connection with the IPO; 1,357,902 of those shares remain subject to time vesting.
  • F2: The 53,600‑share purchase was through the IPO directed share program.
• Filing timeliness: Reported on 2026-04-20 for trades on 04-16 and 04-17; filing appears timely under Form 4 rules.

Context

• The purchase in a directed share program is an insider buy tied to the IPO and can be read as an executive participating in the offering; the restricted award reflects IPO reorganization and includes time‑vesting, so those shares aren’t fully liquid yet. These transactions are factual disclosures and do not by themselves explain the insider’s motivations.