Axos Financial (AX) EVP Candace Thiele Receives RSUs, Sells Shares

What Happened

• Candace L. Thiele, EVP & Chief Administrative Officer of Axos Financial, reported the vesting/conversion of restricted stock units (RSUs) on September 15, 2026. The filing shows 1,122 shares acquired via conversion/exercise of a derivative at $92.68/share (value reported $103,987) and 547 shares disposed to the issuer at $92.68/share to satisfy tax withholding (value $50,696). The Form 4 also reports a grant of 1,079 RSUs on the same date.

Key Details

• Transaction date: September 15, 2026; Form 4 filed September 16, 2026 (timely).
• Acquired: 1,122 shares via conversion/exercise (reported at $92.68/share; $103,987).
• Disposed (to issuer for tax withholding): 547 shares at $92.68/share ($50,696).
• Additional entries: a derivative disposition entry and a grant of 1,079 RSUs on Sept 15, 2026.
• Shares owned after the transaction: not specified on the reported Form 4.
• Footnotes: RSUs vested and converted to common stock (F1); 547 shares were retained by Axos for tax withholding via net-settlement (F2); RSUs carry dividend equivalents and vest one-third each year (F3–F6).

Context

• This was not an open-market buy or speculative sale by the insider but standard equity compensation activity: vested RSUs converted into shares and a portion withheld to cover taxes (a net-settlement). The filing also records a new RSU grant. Such transactions reflect compensation mechanics rather than an independent market purchase or directional bet.