Axon (AXON) COO/CFO Brittany Bagley Sells Shares

What Happened
Brittany Bagley, Axon Enterprise's COO and CFO, disposed of a total of 22,150.521 shares in two transactions in early June 2026, generating approximately $10.61 million in proceeds. On 2026-06-01 16,181.521 shares were withheld at $476.88/share to satisfy tax liabilities related to vested RSUs (proceeds value shown as $7,716,644). On 2026-06-02 she sold 5,969 shares in the open market at $485.00/share for $2,894,965. These actions are sales/withholding (not purchases).

Key Details

• Transaction dates and prices:
  • 2026-06-01: 16,181.521 shares withheld @ $476.88 = $7,716,644 (code F: tax withholding)
  • 2026-06-02: 5,969 shares sold open market @ $485.00 = $2,894,965 (code S: sale)
• Total shares disposed: 22,150.521; total proceeds ~ $10,611,609.
• Shares owned after the transactions: not specified in this Form 4.
• Footnote: The withheld shares settled tax liability from the vesting of the third tranche of RSUs granted under the Axon 2024 eXponential Stock Plan; the plan’s performance conditions were certified by Axon’s Compensation Committee on Nov 13, 2025.
• Filing: Report filed 2026-06-03 — appears to be timely under Form 4’s two-business-day rule.

Context
The 6/1 transaction is a tax-withholding event for vested restricted stock units (a common, non-market-driven disposition). The 6/2 sale was an open-market sale. Such withholding and occasional sales by executives are routine ways to satisfy tax obligations or diversify holdings; they are factual disclosures and do not, by themselves, indicate management’s view of the company’s prospects.