=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-07-07
10b5-1 Pre-arranged Plan: Yes
--- Issuer ---
Name: AXON ENTERPRISE, INC. (AXON)
CIK: 0001069183
--- Reporting Owner ---
Name: SMITH PATRICK W
CIK: 0001167028
Role: Director, Officer (CHIEF EXECUTIVE OFFICER)
--- Non-Derivative Transactions ---
[Transaction #1]
Security: Common Stock
Date: 2026-07-07 | Code: S (Open market sale)
Shares: -82 | Price: $626.78
Total Value: $51,395.96
Shares Owned After: 3,050,915 | Ownership: D (Direct)
Footnotes:
[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.
[Transaction #2]
Security: Common Stock
Date: 2026-07-07 | Code: S (Open market sale)
Shares: -82 | Price: $628.20
Total Value: $51,512.40
Shares Owned After: 3,050,833 | Ownership: D (Direct)
Footnotes:
[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.
[Transaction #3]
Security: Common Stock
Date: 2026-07-07 | Code: S (Open market sale)
Shares: -41 | Price: $629.24
Total Value: $25,798.91
Shares Owned After: 3,050,792 | Ownership: D (Direct)
Footnotes:
[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 $629.24 to $629.315. 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.
[Transaction #4]
Security: Common Stock
Date: 2026-07-07 | Code: S (Open market sale)
Shares: -251 | Price: $631.35
Total Value: $158,468.30
Shares Owned After: 3,050,541 | Ownership: D (Direct)
Footnotes:
[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.
[F3] The transaction was executed in multiple trades at prices ranging from $630.835 to $631.74. 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.
[Transaction #5]
Security: Common Stock
Date: 2026-07-07 | Code: S (Open market sale)
Shares: -123 | Price: $632.91
Total Value: $77,847.91
Shares Owned After: 3,050,418 | Ownership: D (Direct)
Footnotes:
[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.
[F4] The transaction was executed in multiple trades at prices ranging from $632.81 to $633.16. 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.
[Transaction #6]
Security: Common Stock
Date: 2026-07-07 | Code: S (Open market sale)
Shares: -88 | Price: $634.16
Total Value: $55,805.87
Shares Owned After: 3,050,330 | Ownership: D (Direct)
Footnotes:
[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.
[F5] The transaction was executed in multiple trades at prices ranging from $634.10 to $634.77. 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.
[Transaction #7]
Security: Common Stock
Date: 2026-07-07 | Code: S (Open market sale)
Shares: -241 | Price: $635.90
Total Value: $153,251.56
Shares Owned After: 3,050,089 | Ownership: D (Direct)
Footnotes:
[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.
[F6] The transaction was executed in multiple trades at prices ranging from $635.37 to $636.315. 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.
[Transaction #8]
Security: Common Stock
Date: 2026-07-07 | Code: S (Open market sale)
Shares: -83 | Price: $636.65
Total Value: $52,842.17
Shares Owned After: 3,050,006 | Ownership: D (Direct)
Footnotes:
[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.
[F7] The transaction was executed in multiple trades at prices ranging from $636.50 to $637.02. 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.
[Transaction #9]
Security: Common Stock
Date: 2026-07-07 | Code: S (Open market sale)
Shares: -371 | Price: $638.12
Total Value: $236,741.93
Shares Owned After: 3,049,635 | Ownership: D (Direct)
Footnotes:
[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.
[F8] The transaction was executed in multiple trades at prices ranging from $637.72 to $638.46. 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.
[Transaction #10]
Security: Common Stock
Date: 2026-07-07 | Code: S (Open market sale)
Shares: -366 | Price: $639.41
Total Value: $234,023.47
Shares Owned After: 3,049,269 | Ownership: D (Direct)
Footnotes:
[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.
[F9] The transaction was executed in multiple trades at prices ranging from $638.81 to $639.565. 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.
[Transaction #11]
Security: Common Stock
Date: 2026-07-07 | Code: S (Open market sale)
Shares: -772 | Price: $640.41
Total Value: $494,398.14
Shares Owned After: 3,048,497 | Ownership: D (Direct)
Footnotes:
[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.
[F10] The transaction was executed in multiple trades at prices ranging from $639.93 to $640.92. 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.
[Transaction #12]
Security: Common Stock
Date: 2026-07-07 | Code: S (Open market sale)
Shares: -379 | Price: $641.66
Total Value: $243,188.34
Shares Owned After: 3,048,118 | Ownership: D (Direct)
Footnotes:
[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.
[F11] The transaction was executed in multiple trades at prices ranging from $641.075 to $641.97. 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.
[Transaction #13]
Security: Common Stock
Date: 2026-07-07 | Code: S (Open market sale)
Shares: -1,045 | Price: $642.73
Total Value: $671,652.75
Shares Owned After: 3,047,073 | Ownership: D (Direct)
Footnotes:
[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.
[F12] The transaction was executed in multiple trades at prices ranging from $642.26 to $643.235. 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.
[Transaction #14]
Security: Common Stock
Date: 2026-07-07 | Code: S (Open market sale)
Shares: -1,308 | Price: $643.76
Total Value: $842,041.22
Shares Owned After: 3,045,765 | Ownership: D (Direct)
Footnotes:
[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.
[F13] The transaction was executed in multiple trades at prices ranging from $643.28 to $644.21. 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.
[Transaction #15]
Security: Common Stock
Date: 2026-07-07 | Code: S (Open market sale)
Shares: -744 | Price: $644.76
Total Value: $479,704.19
Shares Owned After: 3,045,021 | Ownership: D (Direct)
Footnotes:
[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.
[F14] The transaction was executed in multiple trades at prices ranging from $644.275 to $645.02. 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.
[Transaction #16]
Security: Common Stock
Date: 2026-07-07 | Code: S (Open market sale)
Shares: -124 | Price: $645.87
Total Value: $80,087.94
Shares Owned After: 3,044,897 | Ownership: D (Direct)
Footnotes:
[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.
[F15] The transaction was executed in multiple trades at prices ranging from $645.46 to $646.345. 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.
[Transaction #17]
Security: Common Stock
Date: 2026-07-07 | Code: S (Open market sale)
Shares: -1,787 | Price: $646.94
Total Value: $1,156,081.42
Shares Owned After: 3,043,110 | Ownership: D (Direct)
Footnotes:
[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.
[F16] The transaction was executed in multiple trades at prices ranging from $646.455 to $647.42. 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.
[Transaction #18]
Security: Common Stock
Date: 2026-07-07 | Code: S (Open market sale)
Shares: -500 | Price: $647.97
Total Value: $323,982.80
Shares Owned After: 3,042,610 | Ownership: D (Direct)
Footnotes:
[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.
[F17] The transaction was executed in multiple trades at prices ranging from $647.50 to $648.48. 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.
[Transaction #19]
Security: Common Stock
Date: 2026-07-07 | Code: S (Open market sale)
Shares: -931 | Price: $649.02
Total Value: $604,240.41
Shares Owned After: 3,041,679 | Ownership: D (Direct)
Footnotes:
[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.
[F18] The transaction was executed in multiple trades at prices ranging from $648.53 to $649.47. 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.
[Transaction #20]
Security: Common Stock
Date: 2026-07-07 | Code: S (Open market sale)
Shares: -274 | Price: $650.20
Total Value: $178,154.96
Shares Owned After: 3,041,405 | Ownership: D (Direct)
Footnotes:
[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.
[F19] The transaction was executed in multiple trades at prices ranging from $649.64 to $650.61. 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.
[Transaction #21]
Security: Common Stock
Date: 2026-07-07 | Code: S (Open market sale)
Shares: -160 | Price: $650.89
Total Value: $104,143.09
Shares Owned After: 3,041,245 | Ownership: D (Direct)
Footnotes:
[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.
[F20] The transaction was executed in multiple trades at prices ranging from $650.72 to $651.06. 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.
[Transaction #22]
Security: Common Stock
Date: 2026-07-07 | Code: S (Open market sale)
Shares: -147 | Price: $652.11
Total Value: $95,860.48
Shares Owned After: 3,041,098 | Ownership: D (Direct)
Footnotes:
[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.
[F21] The transaction was executed in multiple trades at prices ranging from $651.90 to $652.495. 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.
[Transaction #23]
Security: Common Stock
Date: 2026-07-07 | Code: S (Open market sale)
Shares: -2 | Price: $655.06
Total Value: $1,310.12
Shares Owned After: 3,041,096 | Ownership: D (Direct)
Footnotes:
[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.
[F22] The transaction was executed in multiple trades at prices ranging from $655.03 to $655.095. 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.
[Transaction #24]
Security: Common Stock
Date: 2026-07-07 | Code: S (Open market sale)
Shares: -1 | Price: $657.64
Total Value: $657.64
Shares Owned After: 3,041,095 | Ownership: D (Direct)
Footnotes:
[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.
[Transaction #25]
Security: Common Stock
Date: 2026-07-07 | Code: S (Open market sale)
Shares: -76 | Price: $659.52
Total Value: $50,123.52
Shares Owned After: 3,041,019 | Ownership: D (Direct)
Footnotes:
[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.
[Transaction #26]
Security: Common Stock
Date: 2026-07-07 | Code: S (Open market sale)
Shares: -22 | Price: $662.70
Total Value: $14,579.29
Shares Owned After: 3,040,997 | Ownership: D (Direct)
Footnotes:
[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.
--- Footnotes (Complete Index) ---
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.
F10: The transaction was executed in multiple trades at prices ranging from $639.93 to $640.92. 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.
F11: The transaction was executed in multiple trades at prices ranging from $641.075 to $641.97. 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.
F12: The transaction was executed in multiple trades at prices ranging from $642.26 to $643.235. 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.
F13: The transaction was executed in multiple trades at prices ranging from $643.28 to $644.21. 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.
F14: The transaction was executed in multiple trades at prices ranging from $644.275 to $645.02. 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.
F15: The transaction was executed in multiple trades at prices ranging from $645.46 to $646.345. 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.
F16: The transaction was executed in multiple trades at prices ranging from $646.455 to $647.42. 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.
F17: The transaction was executed in multiple trades at prices ranging from $647.50 to $648.48. 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.
F18: The transaction was executed in multiple trades at prices ranging from $648.53 to $649.47. 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.
F19: The transaction was executed in multiple trades at prices ranging from $649.64 to $650.61. 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.
F2: The transaction was executed in multiple trades at prices ranging from $629.24 to $629.315. 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.
F20: The transaction was executed in multiple trades at prices ranging from $650.72 to $651.06. 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.
F21: The transaction was executed in multiple trades at prices ranging from $651.90 to $652.495. 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.
F22: The transaction was executed in multiple trades at prices ranging from $655.03 to $655.095. 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 $630.835 to $631.74. 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 $632.81 to $633.16. 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 $634.10 to $634.77. 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 $635.37 to $636.315. 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 $636.50 to $637.02. 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.
F8: The transaction was executed in multiple trades at prices ranging from $637.72 to $638.46. 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.
F9: The transaction was executed in multiple trades at prices ranging from $638.81 to $639.565. 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.
--- Signature ---
/s/ /s/ Patrick W. Smith by Isaiah Fields, Attorney-in-Fact (2026-07-09)
