This is a routine director sale with minimal market impact. Monitor for any acceleration of insider selling patterns or a cluster of Form 144 filings from multiple officers, which could signal a change in sentiment. The sale is not actionable on its own.
Price Chart
Executive Summary
Director Patrick W. Smith filed a Form 144 notice of intent to sell 10,000 shares of AXON common stock, with an estimated aggregate market value of approximately $5.06 million based on the filing date. This is a routine insider sale by a director and represents a small fraction of the company's $41.1B market cap. The filing signals intent to sell but does not guarantee the sale will be executed.
Key Facts
- Director Patrick W. Smith filed a Form 144 to sell 10,000 shares of AXON common stock.
- Estimated aggregate market value of the proposed sale is approximately $5.06 million.
- The shares were acquired via an option exercise on November 15, 2021.
- Smith has sold 10,000 shares in each of the prior three months (June, July, August 2026) for aggregate proceeds of ~$16.9M.
- The filing represents intent to sell; the actual sale may not occur.
- AXON's market cap is $41.1B; the proposed sale is ~0.01% of market cap.
Financial Impact
Proposed sale of 10,000 shares valued at ~$5.06M, representing ~0.01% of AXON's $41.1B market cap.
Risk Factors
- Insider selling could accelerate if additional officers file Form 144s.
- The sale may be executed over time, creating modest overhang.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001969223-26-001005 |
| Document: 0001969223-26-001005-index.html | 0001969223-26-001005 |
| Document: 0001969223-26-001005.txt | 0001969223-26-001005 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 15, 2026 17d ago | 424B5 / 8-K | $442.08 $459.32 | ▲ +3.90% | ▲ +3.08% | $411.50 (−6.92%) |
Sep 14, 2026 18d ago | Insider Cluster | $490.18 $452.06 | ▼ −7.78% | ▼ −9.44% | $411.50 (−16.05%) |
Sep 8, 2026 23d ago | 144 | $490.00 $466.88 | ▼ −4.72% | ▼ −4.38% | $411.50 (−16.02%) |
Jul 15, 2026 11w ago | Institutional Cluster | $541.12 $491.49 | ▼ −9.17% | ▼ −8.19% | $411.50 (−23.95%) |
Jun 8, 2026 16w ago | Insider Cluster | $452.51 $443.21 | ▼ −2.06% | ▼ −4.47% | $411.50 (−9.06%) |
Jun 2, 2026 17w ago | Insider Cluster | $481.48 $447.59 | ▼ −7.04% | ▼ −3.22% | $411.50 (−14.53%) |
Apr 16, 2026 24w ago | DEFA14A | $402.85 $397.12 | ▼ −1.42% | ▼ −1.98% | $411.50 (+2.15%) |
Apr 10, 2026 24w ago | 8-K | $359.63 $403.75 | ▲ +12.27% | ▲ +8.97% | $411.50 (+14.42%) |
Mar 17, 2026 28w ago | Insider Cluster | $506.57 $456.60 | ▼ −9.86% | ▼ −7.21% | $411.50 (−18.77%) |
Mar 11, 2026 29w ago | 8-K | $499.40 $502.18 | ▲ +0.56% | ▲ +1.54% | $411.50 (−17.60%) |
US Market Status
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