Crow David M 4

4 · Axos Financial, Inc. · Filed Mar 24, 2026

AI-generated summary of this filing

Updated Mar 24, 2026

Axos Financial EVP David M. Crow Receives RSU Award; 583 Shares Issued

What Happened

David M. Crow, Executive Vice President and Head of Clearing at Axos Financial, had 583 restricted stock units (RSUs) vest on March 20, 2026. Those RSUs converted to 583 shares of Axos Financial common stock (reported value ~$48,348 at $82.93 per share).
As part of a net-settlement for tax withholding, 200 of those shares were retained by the issuer (disposed back to the company) for taxes (value ~$16,586), leaving a net issuance of 383 shares to Crow. The filing shows a derivative conversion entry for the RSUs (exercise/conversion) and the withholding disposition.

Key Details

Transaction date: March 20, 2026; Filing date: March 24, 2026 (four days after the transaction).
Shares issued on vesting: 583 shares at $82.93 (total ~$48,348).
Shares withheld for taxes: 200 shares at $82.93 (total ~$16,586); net shares delivered to insider: 383.
Footnotes: RSUs were granted under Axos Financial’s 2014 Stock Incentive Plan, include dividend equivalent rights, and vest one‑third on each anniversary of the grant. The 200-share withholding is a net-settlement for tax purposes.
Shares owned after the transaction: not specified in the provided filing.
Filing timeliness: Form 4 was filed March 24 for a March 20 transaction (Form 4s are typically due within two business days).

Context

This was not an open‑market sale or purchase — it was the scheduled vesting/conversion of RSUs with standard tax withholding (a common administrative event). The derivative-code entry (M) reflects conversion/exercise of the RSU award into common stock; the withholding (D/F) reflects shares retained by the issuer to cover taxes.
Such award vesting events are routine and reflect compensation vesting rather than a deliberate buy/sell signal.

Form 4

Period: 2026-03-20

EVP, Head of Clearing

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-03-20$82.93/sh+583$48,348→ 1,916 total
Disposition to Issuer
Common Stock
[F2]
2026-03-20$82.93/sh−200$16,586→ 1,716 total
Exercise/Conversion
Restricted Stock Units
[F3][F4][F5]
2026-03-20−583→ 4,772 total
→ Common Stock (583 underlying)

Holdings

Footnotes (5)

[F1]Represents shares of Common Stock issued on March 20, 2026, following the vesting of Restricted Stock Units ("RSUs") which vest as to one-third of the shares on each anniversary of the date of grant. The RSUs were previously granted to the reporting person under the Axos Financial, Inc. 2014 Amended and Restated 2014 Stock Incentive Plan.
[F2]Represents shares of Common Stock retained by Axos Financial, Inc. for tax withholding purposes in connection with the net-settlement on the issuance of shares of Common Stock in respect to the vested RSUs.
[F3]The RSUs were granted to the reporting person under the Axos Financial, Inc. 2014 Stock Incentive Plan. The RSUs are accompanied by dividend equivalent rights.
[F4]Each RSU represents a contingent right to receive one share of Axos Financial, Inc. Common Stock.
[F5]The RSUs vest as to one-third of the shares on each anniversary date of grant.

Signature

Derrick Walsh for David Crow|2026-03-24

1 file