Brian D. Swanson - 15 Sep 2025 Form 4 Insider Report for Axos Financial, Inc. (AX)

Role: President, Consumer Bank
Signature: By: Derrick Walsh For: Brian Swanson
Issuer symbol: AX
Transactions as of: 15 Sep 2025
Net transactions value: +$133,268
Form type: 4
Filing time: 17 Sep 2025, 19:33:59 UTC
Previous filing: 25 Mar 2025
Next filing: 25 Sep 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Swanson Brian D	President, Consumer Bank	9205 WEST RUSSELL ROAD, SUITE 400, LAS VEGAS	By: Derrick Walsh For: Brian Swanson	17 Sep 2025	0001777936

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AX	Common Stock	Options Exercise	$126,406	+1,400	+2.7%	$90.29	53,803	15 Sep 2025	Direct	F1
transaction	AX	Common Stock	Options Exercise	$80,900	+896	+1.7%	$90.29	54,699	15 Sep 2025	Direct	F1
transaction	AX	Common Stock	Disposed to Issuer	$45,145	-500	-0.91%	$90.29	54,199	15 Sep 2025	Direct	F2
transaction	AX	Common Stock	Disposed to Issuer	$28,893	-320	-0.59%	$90.29	53,879	15 Sep 2025	Direct	F2
holding	AX	Common Stock						2,737	15 Sep 2025	401(k) Plan

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	AX	Restricted Stock Units	Options Exercise	$0	-1,400	-5.3%	$0.000000	24,908	15 Sep 2025	Common Stock	1,400		Direct	F3, F4, F5
transaction	AX	Restricted Stock Units	Options Exercise	$0	-896	-3.6%	$0.000000	24,012	15 Sep 2025	Common Stock	896		Direct	F3, F4, F5
transaction	AX	Restricted Stock Units	Award	$0	+3,254	+14%	$0.000000	27,266	15 Sep 2025	Common Stock	3,254		Direct	F4, F5, F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents shares of Common Stock issued on September 15, 2025, 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.
F2	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.
F3	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.
F4	Each RSU represents a contingent right to receive one share of Axos Financial, Inc. Common Stock.
F5	The RSUs vest as to one-third of the shares on each anniversary date of grant.
F6	Grant to the reporting person on September 15, 2025 of restricted stock units ("RSUs") under the Axos Financial, Inc. 2014 Stock Incentive Plan.