Gregory Garrabrants - Aug 1, 2023 Form 4 Insider Report for Axos Financial, Inc. (AX)

Role
President and CEO, Director
Signature
By: Derrick K. Walsh For: Gregory Garrabrants
Stock symbol
AX
Transactions as of
Aug 1, 2023
Transactions value $
-$8,506,326
Form type
4
Date filed
8/3/2023, 05:08 PM
Previous filing
Jul 3, 2023
Next filing
Aug 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AX Common Stock Sale -$1.82M -40K -2.46% $45.53 1.58M Aug 1, 2023 Direct F1, F2
transaction AX Common Stock Sale -$2.82M -62.4K -3.94% $45.15 1.52M Aug 2, 2023 Direct F1, F3
transaction AX Common Stock Sale -$3.87M -85.3K -5.61% $45.36 1.44M Aug 3, 2023 Direct F1, F4
holding AX Common Stock 2.46K Aug 1, 2023 401(k) Plan
holding AX Common Stock 171K Aug 1, 2023 by Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were made to repay loans with shares pledged as security in a margin account due to increased costs associated with the margin loan account. There was no associated margin call.
F2 These transactions were executed in multiple trades, at prices ranging from $45.35 to $45.65. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold and the prices at which each trade was effected.
F3 These transactions were executed in multiple trades, at prices ranging from $45.00 to $45.31. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold and the prices at which each trade was effected.
F4 These transactions were executed in multiple trades, at prices ranging from $45.05 to $45.56. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold and the prices at which each trade was effected.