ALLEN PATRICK E 4
4 · Arxis, Inc. · Filed Apr 20, 2026
Research Summary
AI-generated summary of this filing
Arxis (ARXS) Director Patrick E. Allen Buys 10,000 Shares
What Happened
- Patrick E. Allen, a director of Arxis, Inc. (ARXS), made two transactions on April 17, 2026: an open‑market purchase of 10,000 Class A shares at $28.00 each (total $280,000) and an award of 5,357 restricted stock units (RSUs) reported at $0.00. The RSUs are an award that will vest on the first anniversary of the grant.
Key Details
- Transaction date: 2026-04-17; Filing date: 2026-04-20 (timely Form 4 filing).
- Open‑market purchase (Code P): 10,000 shares @ $28.00 = $280,000.
- Award/Grant (Code A): 5,357 RSUs reported at $0.00; vesting on first anniversary (Footnote F1).
- Purchase was via the directed share program tied to the issuer's IPO (Footnote F2).
- Amount of securities owned after these transactions is not disclosed in the filing.
Context
- The 10,000‑share purchase is a direct buy (often viewed as a stronger, more informative signal than routine awards), while the 5,357 RSUs are a time‑vested grant and do not represent immediately transferable shares until vested. No sales or option exercises were reported.
Insider Transaction Report
Form 4
Arxis, Inc.ARXS
ALLEN PATRICK E
Director
Transactions
- Award
Class A Common Stock
[F1]2026-04-17+5,357→ 5,357 total - Purchase
Class A Common Stock
[F2]2026-04-17$28.00/sh+10,000$280,000→ 15,357 total
Footnotes (2)
- [F1]Represents an award of restricted stock units which will vest on the first anniversary of the grant date.
- [F2]Represents shares of Class A Common Stock purchased by the Reporting Person through the directed share program conducted in connection with the Issuer's initial public offering.
Signature
/s/ Jennifer Allen, attorney-in-fact for Patrick E. Allen|2026-04-20