Brooks Conrad D. 4
Research Summary
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AXS Chief Admin & Legal Officer Brooks Conrad Receives Award
What Happened Brooks Conrad, Chief Administrative and Legal Officer of Axis Capital Holdings Ltd. (ticker: AXS), was awarded a total of 13,624 restricted stock units (RSUs) on January 27, 2026 (4,682 RSUs + 8,942 RSUs). The awards were reported at $0 acquisition price because these are equity grants/awards rather than purchases. Per the filing, these are performance-based RSUs originally granted January 24, 2023 and the company determined on January 27, 2026 that the performance criteria were satisfied; the awards will vest in a single installment on March 1, 2026.
Key Details
- Transaction date: January 27, 2026. Transaction code: A (award/grant/acquisition). Price reported: $0.00 per share (typical for RSU grants).
- Total RSUs awarded: 13,624 (4,682 + 8,942). Vesting date: March 1, 2026 per footnote F1.
- Shares owned after the transaction: Not specified in this filing.
- Footnote: HCC & Compensation Committee determined performance criteria satisfied for performance-based RSUs granted 1/24/2023; vesting in single installment on 3/1/2026 (Footnote F1).
- Filing timeliness: Reported on Form 4 filed January 29, 2026 for transactions on January 27, 2026 — appears timely under Form 4 rules.
Context These are performance-based RSU awards (not open-market purchases or option exercises). RSUs convert into actual shares upon vesting and the realized value will depend on AXS’s stock price at vesting; the $0 acquisition price reflects that these are compensation awards rather than cash purchases. Awards like this are routine executive compensation and do not, by themselves, indicate buying or selling intent.