Insider trade

CEO sold ~$774K of AXON shares in the open market

Traded Dec 8, 2025 · Filed Dec 9, 2025

Axon EnterpriseAXON

~$774K
Reported value · 1,402 sh @ $552.4171: 3.11M
Holds after · shares reported: -23.7%
stock since the trade · S&P 500 +11.8%, $553.12 → $422.21 on Oct 1

Why it stands out

The boss of Axon Enterprise sold $774K of Axon Enterprise shares. It was planned long ago, so it says very little.

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: Dec 8, 2025
Reporting period: Not applicable
Filed with the SEC: Dec 9, 2025

CEO$500K–$1MPre-arranged plan referenced

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$774,489

Shares × reported transaction price

Timing vs results

34 days after results of Nov 4, 2025, 78 days before results of Feb 24, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Price at the time

Closed at $553.12 on Dec 8, 2025, 11% above its 52-week low and 36% below its high, after a 25% drop over the previous 30 trading days

52-week range $496.65 (Feb 25, 2025) to $870.97 (Aug 7, 2025), 15% of the way up, from 250 adjusted closes. 30 trading days earlier: $735.95 on Oct 24, 2025. Describes the past only, not a forecast

Planned / mechanical clue

Footnote references a pre-arranged trading plan (Rule 10b5-1)

Only flagged when a footnote says so; never inferred

After it was reported

After	Stock	S&P 500	Difference
7 days	-3.2%	-2.4%	-0.9%
30 days	+11.1%	+0.9%	+10.2%
90 days	-6.8%	-1.5%	-5.3%
180 days	-17.1%	+7.5%	-24.6%

Past results only. Not a forecast.

Source receipt

Record ID: 0001628280-25-056207
Filed / recorded: Dec 9, 2025, 11:44 PM UTC
Added to OQRO: Oct 2, 2026, 12:27 PM UTC
Parser: form4-xml-v1
Data quality: Verified: identifiers matched exactly
Issuer: AXON ENTERPRISE, INC.
Issuer CIK: 1069183
Ticker: AXON
Reporting person: Patrick W Smith
Relationship: Director, Officer
Officer title: CHIEF EXECUTIVE OFFICER
Security: Common Stock
Table: Non-derivative (Table I)
Transaction date: Dec 8, 2025
Transaction code: S
Shares / units: 1,402
Price per share: $552.4171
Acquired / disposed: Disposed (D)
Shares owned after: 3,112,892
Ownership form: Direct
Amendment: No

Footnotes from the filing

The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 12, 2025.
The transaction was executed in multiple trades at prices ranging from $551.96 to $552.95. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

Around the same time

CEO sold ~$118K of Axon Enterprise

Scheduled in advance9mo ago

CEO sold ~$484K of Axon Enterprise

Scheduled in advance9mo ago

CEO sold ~$83K of Axon Enterprise

Scheduled in advance9mo ago