Axos (AX) SVP Ann Gill Receives RSU Shares; 884 Withheld

What Happened Ann Gill, Senior Vice President and Chief Accounting Officer of Axos Financial (AX), had 1,643 restricted stock units (RSUs) convert into common shares on September 15, 2026, valued at $92.68 each (total value $152,273). Axos withheld 884 of those shares to satisfy tax withholding (valued at $81,929), so Gill received a net 759 shares. The filing also reports a new grant of 1,295 RSUs to Gill on September 15, 2026.

Key Details

• Transaction date: September 15, 2026. Valuation price used: $92.68/share.
• Vesting/conversion: 1,643 RSUs converted to common stock (reported as a derivative conversion).
• Tax withholding: 884 shares were retained by Axos for tax withholding (net-settlement), valued at $81,929.
• Net shares received: 1,643 − 884 = 759 shares.
• New grant: 1,295 RSUs granted on September 15, 2026 (these RSUs include dividend-equivalent rights and vest one-third each anniversary per the plan).
• Footnotes: RSUs were granted under the Axos Financial, Inc. 2014 Stock Incentive Plan; each RSU represents a contingent right to one share.
• Shares owned after the transaction: not disclosed in the filing.
• Filing timeliness: filing shows no indication of late reporting.

Context This was a vesting and net-settlement of RSUs (a form of equity compensation) rather than an open-market purchase or sale. The conversion of RSU derivatives into shares and the withholding of shares for taxes (net settlement) are routine compensation events and do not by themselves indicate a vote of confidence or lack thereof in the stock. The new RSU grant increases future potential equity compensation under the company plan.