Axos Financial (AX) EVP Michael Watson Sells 1,653 Shares

What Happened
Michael James Watson, EVP and Head of Axos Securities at Axos Financial (AX), reported an open‑market sale of 1,653 shares on May 19, 2026. The weighted average sale price was $83.77 per share, for total proceeds of approximately $138,470. This was a straight sale (transaction code S), not an option exercise or award.

Key Details

• Transaction date: 2026-05-19; Form 4 filed: 2026-05-21 (timely filing).
• Shares sold: 1,653; weighted average price: $83.77; total value: ~$138,470.
• Price range for the multiple trades: $83.75 to $83.79 (weighted average reported). See footnote F1 for per-trade details on request.
• Shares owned after transaction: not disclosed in the provided filing details.
• No 10b5‑1 plan, tax withholding, option exercise, or gift was indicated in the filing.

Context
Sales by insiders can be routine (diversification, tax planning, liquidity) and do not by themselves indicate a change in confidence. Purchases are generally more informative about an insider’s bullishness. This filing documents a routine open‑market sale executed in multiple trades at very similar prices.