ALLEN PATRICK E 4

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.