PATRICK W. SMITH - 08 Dec 2025 Form 4 Insider Report for AXON ENTERPRISE, INC. (AXON)

Signature
/s/ Patrick W. Smith by Isaiah Fields, Attorney-in-Fact
Issuer symbol
AXON
Transactions as of
08 Dec 2025
Transactions value $
-$5,519,164
Form type
4
Filing time
09 Dec 2025, 18:44:20 UTC
Previous filing
17 Nov 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
SMITH PATRICK W CHIEF EXECUTIVE OFFICER, Director 17800 NORTH 85TH STREET, SCOTTSDALE /s/ Patrick W. Smith by Isaiah Fields, Attorney-in-Fact 09 Dec 2025 0001167028

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AXON Common Stock Sale -$162K -294 -0.01% $549.56 3.12M 08 Dec 2025 Direct F1, F2
transaction AXON Common Stock Sale -$1.04M -1.89K -0.06% $550.68 3.12M 08 Dec 2025 Direct F1, F3
transaction AXON Common Stock Sale -$2.49M -4.52K -0.14% $551.62 3.11M 08 Dec 2025 Direct F1, F4
transaction AXON Common Stock Sale -$774K -1.4K -0.05% $552.42 3.11M 08 Dec 2025 Direct F1, F5
transaction AXON Common Stock Sale -$620K -1.12K -0.04% $553.41 3.11M 08 Dec 2025 Direct F1, F6
transaction AXON Common Stock Sale -$351K -634 -0.02% $554.38 3.11M 08 Dec 2025 Direct F1, F7
transaction AXON Common Stock Sale -$77.7K -140 0% $555.19 3.11M 08 Dec 2025 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 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.
F2 The transaction was executed in multiple trades at prices ranging from $548.91 to $549.71. 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.
F3 The transaction was executed in multiple trades at prices ranging from $549.965 to $550.925. 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.
F4 The transaction was executed in multiple trades at prices ranging from $550.965 to $551.95. 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.
F5 The transaction was executed in multiple trades at prices ranging from $551.96 to $552.95. 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.
F6 The transaction was executed in multiple trades at prices ranging from $552.96 to $553.945. 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.
F7 The transaction was executed in multiple trades at prices ranging from $554.18 to $554.97. 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.