Insider trade

CEO sold ~$369K of AXON shares in the open market

Traded Mar 9, 2026 · Filed Mar 11, 2026

Axon EnterpriseAXON

~$369K
Reported value · 668 sh @ $551.8419: 3.09M
Holds after · shares reported: -24.5%
stock since the trade · S&P 500 +12.6%, $559.06 → $422.21 on Oct 1

Why it stands out

The boss of Axon Enterprise sold $369K 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: Mar 9, 2026
Reporting period: Not applicable
Filed with the SEC: Mar 11, 2026

CEO$100K–$500KPre-arranged plan referenced

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$368,630

Shares × reported transaction price

Timing vs results

13 days after results of Feb 24, 2026, 58 days before results of May 6, 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 $559.06 on Mar 9, 2026, 40% above its 52-week low and 36% below its high, after a 9% drop over the previous 30 trading days

52-week range $399.65 (Feb 5, 2026) to $870.97 (Aug 7, 2025), 34% of the way up, from 251 adjusted closes. 30 trading days earlier: $613.14 on Jan 23, 2026. 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

Securities lawsuit open at the trade date

A securities lawsuit naming the company as a defendant was filed on Feb 17, 2026 in the U.S. District Court, District of Columbia. A filing is an allegation, not a finding.

NATHAN CUMMINGS FOUNDATION, INC. v. AXON ENTERPRISE, INC., docket 1:26-cv-00501, via CourtListener (court records). Nature of suit 850, company named as first defendant

After it was reported

After	Stock	S&P 500	Difference
7 days	+0.6%	-0.9%	+1.5%
30 days	-28.0%	+3.0%	-31.0%
90 days	-10.4%	+8.9%	-19.3%
180 days	+1.2%	+15.0%	-13.8%

Past results only. Not a forecast.

Source receipt

Record ID: 0001628280-26-016845
Filed / recorded: Mar 11, 2026, 8:25 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: Mar 9, 2026
Transaction code: S
Shares / units: 668
Price per share: $551.8419
Acquired / disposed: Disposed (D)
Shares owned after: 3,088,290
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 $551.495 to $552.365. 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

6mo ago

5,849.7Shares · @ $423.57

Routine share withholding; mechanical by default.

Why it stands out Official record

Director sold ~$77K of Axon Enterprise

Scheduled in advance7mo ago

Director sold7mo ago

~$100KReported value · 198 sh @ $506.579

A board member of Axon Enterprise sold $100K of Axon Enterprise shares. Nobody planned it ahead of time.

Why it stands out Official record