Santi Roque A 4

What Happened
Santi Roque, a director of Axos Financial (AX), sold 500 shares in an open-market transaction on May 8, 2026. The shares were disposed at $87.77 per share for total proceeds of $43,885. This was a sale (not a purchase); sales by insiders are often routine liquidity events and do not by themselves indicate a change in company outlook.

Key Details

• Transaction date: May 8, 2026 (reported on Form 4 filed May 12, 2026)
• Price: $87.77 per share; total proceeds $43,885
• Transaction type/code: Open-market sale (S = Sale)
• Shares owned after transaction: Not disclosed in the filing provided
• Footnotes/notable plan codes: None reported (no 10b5-1 plan, tax-withholding, gift, or option-exercise codes noted)
• Filing timeliness: Form filed May 12, 2026 — appears to be later than the standard two-business-day Form 4 deadline, resulting in delayed public disclosure

Context
This was a straightforward open-market sale by a company director. For retail investors, purchases by insiders typically carry more informational weight than routine sales; a single small-to-moderate sale like this is common and may reflect personal liquidity needs rather than views on Axos Financial’s prospects.