Axon (AXON) Chief Accounting Officer Jennifer Mak Receives Award

What Happened

• Jennifer H. Mak, Chief Accounting Officer of Axon Enterprise, was granted 3,906 performance-based restricted stock units (XSUs) on 2026-08-16. The award is reported as an acquisition (code A) at $0.00 per share (no cash paid).
• The tranche was certified as having met its performance conditions on 2026-08-16. The units will vest on December 1, 2026, subject to continued employment, and shares deliverable after vesting are subject to a minimum holding period (see footnote).

Key Details

• Transaction date: 2026-08-16; reported filing date: 2026-08-17 (timely).
• Award: 3,906 XSUs; reported acquisition price: $0.00 (grant award).
• Plan: Granted under the Axon Enterprise, Inc. 2024 eXponential Stock Plan.
• Post-vesting holding restriction: shares subject to a minimum hold until the earlier of (i) Dec 31, 2030 or (ii) the date a subsequent tranche vests; excludes shares withheld/sold for taxes.
• Filing does not disclose total shares owned by the insider following this reported transaction.

Context

• These XSUs are performance-based restricted stock units: performance was certified as met for this fourth tranche, but vesting remains contingent on continued employment until Dec 1, 2026.
• Awards like this are a form of compensation/retention and do not represent an open-market buy or sale; they increase potential insider ownership only if the awards vest and any withholding does not reduce delivered shares.