Axon Enterprise CEO & Director Files Form 144 Notice to Sell $5.06M in Common Stock

Insider Filing Analysis: Form 144 Notice of Proposed Sale

Issuer: Axon Enterprise, Inc. ($AXON)
Filer: Patrick W. Smith (Officer & Director / CEO)
Filing Date: September 8, 2026

Key Transaction Details

• Securities to be Sold: 10,000 shares of Common Stock
• Aggregate Market Value: $5,060,300.00 (~$506.03 per share)
• Broker: UBS Financial Services, Inc.
• Approximate Date of Sale: September 8, 2026
• Shares Outstanding: 81,237,415 shares
• Original Acquisition: Acquired 10,000 shares via Option Exercise on November 15, 2021.

Trading Plan & Context

• 10b5-1 Trading Plan: The proposed sale is executed pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on May 12, 2025.
• Historical Activity (Past 3 Months):
  • June 29, 2026: 10,000 shares sold for gross proceeds of $5,000,018.00
  • July 7, 2026: 10,000 shares sold for gross proceeds of $6,437,894.85
  • August 7, 2026: 10,000 shares sold for gross proceeds of $5,488,963.00

Summary & Significance

This filing represents a routine, monthly scheduled liquidity event of 10,000 shares under a pre-established Rule 10b5-1 plan. Given the automated nature of the sales and small percentage relative to Axon's total shares outstanding (~0.012%), the transaction is categorized as Medium significance due to the filer's high-profile role as CEO/Director, but carries minimal unexpected market impact.