Axos Financial Insider Watson Files Form 4 on Ownership Changes

TL;DR

**Insider Michael Watson filed a Form 4 for Axos Financial, hinting at a change in his stock ownership.**

AI Summary

This Form 4 filing indicates that Michael James Watson, a reporting insider, filed a statement of changes in beneficial ownership of securities for Axos Financial, Inc. on March 24, 2026, for a period ending March 20, 2026. While the filing itself doesn't detail specific transactions, it signals that an insider's ownership stake may have changed. This matters to investors because insider transactions can sometimes provide clues about the company's future prospects, as insiders often have a deeper understanding of the company's health.

Why It Matters

Insider filings like this can signal potential shifts in confidence or strategy by key personnel, which can influence investor perception and stock valuation.

Risk Assessment

Risk Level: low — This filing is purely administrative and does not inherently indicate a positive or negative event, only a change in ownership that needs further investigation.

Analyst Insight

A smart investor would investigate the full details of the Form 4 to understand the nature of the transaction (buy/sell, amount) and consider it in the context of other company news and the insider's historical trading patterns.

Key Players & Entities

• Watson Michael James (person) — Reporting insider
• Axos Financial, Inc. (company) — Issuer of securities
• 0002065757 (person) — CIK for Watson Michael James
• 0001299709 (company) — CIK for Axos Financial, Inc.

FAQ

Filing Documents

• primary_doc.html (4)
• primary_doc.xml (4) — 8KB
• 0002065757-26-000003.txt ( ) — 10KB

From the Filing

SEC FORM 4 SEC Form 4 FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5    Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).    Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. 1. Name and Address of Reporting Person * Watson Michael James (Last) (First) (Middle) 9205 WEST RUSSELL ROAD SUITE 400 (Street) LAS VEGAS NEVADA 89148 (City) (State) (Zip) UNITED STATES (Country) 2. Issuer Name and Ticker or Trading Symbol Axos Financial, Inc. [ AX ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner X Officer (give title below) Other (specify below) EVP, Head of Axos Securities 2a. Foreign Trading Symbol 3. Date of Earliest Transaction (Month/Day/Year) 03/20/2026 6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person 4. If Amendment, Date of Original Filed (Month/Day/Year) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 777 I 401(k) Plan Common Stock (1) 03/20/2026 M 983 A $ 82.93 6,736 D Common Stock 03/20/2026 D 491 (2) D $ 82.93 6,245 D Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Restricted Stock Units (3) (4) 03/20/2026 M 983 (5) (5) Common Stock 983 $ 0 10,659 D Explanation of Responses: 1. Represents shares of Common Stock issued on March 20, 2026, following the vesting of Restricted Stock Units ("RSUs") which vest as to one-third of the shares on each anniversary of the date of grant. The RSUs were previously granted to the reporting person under the Axos Financial, Inc. 2014 Amended and Restated 2014 Stock Incentive Plan. 2. Represents shares of Common Stock retained by Axos Financial, Inc. for tax withholding purposes in connection with the net-settlement on the issuance of shares of Common Stock in respect to the vested RSUs. 3. The RSUs were granted to the reporting person under the Axos Financial, Inc. 2014 Stock Incentive Plan. The RSUs are accompanied by dividend equivalent rights. 4. Each RSU represents a contingent right to receive one share of Axos Financial, Inc. Common Stock. 5. The RSUs vest as to one-third of the shares on each anniversary date of grant. Derrick Walsh for Michael Watson 03/24/2026 ** Signature of Reporting Person Date Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. * If the form is filed by more than one reporting person, see Instruction 4 (b)(v). ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. * Form 4: SEC 1474 (03-26)

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View this 4 filing on SEC EDGAR