Argalas James S 4
Research Summary
AI-generated summary
Axos Financial Director James S. Argalas Gifts 2,100 Shares
What Happened
James S. Argalas, a director of Axos Financial, donated (gifted) 2,100 shares of Axos common stock on May 12, 2026. The shares were transferred at $84.66 per share, for a reported donation value of $177,786. This was a gift to a charitable fund, not an open-market sale.
Key Details
- Transaction date and price: May 12, 2026 at $84.66 per share.
- Amount: 2,100 shares disposed (gift). Total value reported: $177,786.
- Shares owned after the transaction: Not stated in the provided filing excerpt.
- Footnote: Filing notes the transfer was a charitable donation to a charitable fund (F1).
- Timeliness: Report filed May 14, 2026—filed within the typical 2-business-day Form 4 window.
Context
Gifts to charities are common for tax and philanthropic reasons and do not necessarily reflect the insider’s view of the company’s near-term prospects. For investors tracking insider activity, purchases typically carry more weight as signals; charitable donations are primarily administrative/charitable in nature.