GILL ANN 4

What Happened Ann Gill, Senior Vice President and Chief Accounting Officer of Axos Financial, had 601 restricted stock units (RSUs) vest on March 20, 2026. Those RSUs converted into 601 shares of common stock valued at $82.93 each (total ≈ $49,841). The company withheld 323 shares for tax obligations (323 × $82.93 ≈ $26,786), leaving a net delivery of 278 shares to Ms. Gill (net value ≈ $23,055).

Key Details

• Transaction date: March 20, 2026. Form filed March 24, 2026 (no late‑filing flag shown in the provided excerpt).
• Gross shares issued on vesting: 601 shares at $82.93 (total ≈ $49,841).
• Shares withheld for taxes: 323 shares at $82.93 (total ≈ $26,786).
• Net shares retained by insider: 278 shares (net value ≈ $23,055).
• Relevant footnotes: RSUs were granted under Axos Financial’s 2014 Stock Incentive Plan, vesting one‑third each anniversary; RSUs carry dividend equivalent rights; company retained shares for tax withholding (net settlement).
• "M" transaction lines reflect conversion/settlement of the derivative RSUs; the zero‑price line reflects the derivative reporting mechanics.

Context This was an RSU vesting and net‑settlement for tax withholding, not an open‑market buy or discretionary sale. Such transactions are routine compensation events: the company issued shares on vesting and retained a portion to satisfy tax withholding. For retail investors, RSU vesting shows executive compensation being realized but does not by itself indicate a purchase decision or change in insider sentiment.