4Filing Date: Aug 11, 2026

Axon Enterpri

Statement of Changes in Beneficial Ownership

View SEC Filing
ACC: 0001628280-26-055749
Total Value$5.45M
Trades30
Insiders1

Transaction Details

SMITH PATRICK W
CHIEF EXECUTIVE OFFICER, Director·Direct
Sell · Dispose
Common Stock
Shares-193
Price$526.52
Total Value$101.6K
Shares Owned After3.04M
Transaction DateAug 7, 2026
10b5-1
Footnotes ▸

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. | The transaction was executed in multiple trades at prices ranging from $526.32 to $526.68. 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.

SMITH PATRICK W
CHIEF EXECUTIVE OFFICER, Director·Direct
Sell · Dispose
Common Stock
Shares-94
Price$527.95
Total Value$49.6K
Shares Owned After3.04M
Transaction DateAug 7, 2026
10b5-1
Footnotes ▸

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. | The transaction was executed in multiple trades at prices ranging from $527.615 to $528.045. 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.

SMITH PATRICK W
CHIEF EXECUTIVE OFFICER, Director·Direct
Sell · Dispose
Common Stock
Shares-223
Price$531.39
Total Value$118.5K
Shares Owned After3.04M
Transaction DateAug 7, 2026
10b5-1
Footnotes ▸

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. | The transaction was executed in multiple trades at prices ranging from $531.06 to $531.79. 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.

SMITH PATRICK W
CHIEF EXECUTIVE OFFICER, Director·Direct
Sell · Dispose
Common Stock
Shares-100
Price$532.51
Total Value$53.3K
Shares Owned After3.04M
Transaction DateAug 7, 2026
10b5-1
Footnotes ▸

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. | The transaction was executed in multiple trades at prices ranging from $532.35 to $532.57. 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.

SMITH PATRICK W
CHIEF EXECUTIVE OFFICER, Director·Direct
Sell · Dispose
Common Stock
Shares-256
Price$540.56
Total Value$138.4K
Shares Owned After3.04M
Transaction DateAug 7, 2026
10b5-1
Footnotes ▸

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. | The transaction was executed in multiple trades at prices ranging from $539.99 to $540.88. 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.

SMITH PATRICK W
CHIEF EXECUTIVE OFFICER, Director·Direct
Sell · Dispose
Common Stock
Shares-1.19K
Price$543.82
Total Value$646.6K
Shares Owned After3.04M
Transaction DateAug 7, 2026
10b5-1
Footnotes ▸

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. | The transaction was executed in multiple trades at prices ranging from $543.40 to $544.37. 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.

SMITH PATRICK W
CHIEF EXECUTIVE OFFICER, Director·Direct
Sell · Dispose
Common Stock
Shares-160
Price$547.32
Total Value$87.6K
Shares Owned After3.04M
Transaction DateAug 7, 2026
10b5-1
Footnotes ▸

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. | The transaction was executed in multiple trades at prices ranging from $546.87 to $547.86. 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.

SMITH PATRICK W
CHIEF EXECUTIVE OFFICER, Director·Direct
Sell · Dispose
Common Stock
Shares-64
Price$555.88
Total Value$35.6K
Shares Owned After3.03M
Transaction DateAug 7, 2026
10b5-1
Footnotes ▸

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.

SMITH PATRICK W
CHIEF EXECUTIVE OFFICER, Director·Direct
Sell · Dispose
Common Stock
Shares-142
Price$560.28
Total Value$79.6K
Shares Owned After3.03M
Transaction DateAug 7, 2026
10b5-1
Footnotes ▸

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. | The transaction was executed in multiple trades at prices ranging from $560.1175 to $561.09. 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.

SMITH PATRICK W
CHIEF EXECUTIVE OFFICER, Director·Direct
Sell · Dispose
Common Stock
Shares-113
Price$530.36
Total Value$59.9K
Shares Owned After3.04M
Transaction DateAug 7, 2026
10b5-1
Footnotes ▸

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. | The transaction was executed in multiple trades at prices ranging from $529.825 to $530.46. 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.

SMITH PATRICK W
CHIEF EXECUTIVE OFFICER, Director·Direct
Sell · Dispose
Common Stock
Shares-212
Price$535.28
Total Value$113.5K
Shares Owned After3.04M
Transaction DateAug 7, 2026
10b5-1
Footnotes ▸

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. | The transaction was executed in multiple trades at prices ranging from $534.82 to $535.70. 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.

SMITH PATRICK W
CHIEF EXECUTIVE OFFICER, Director·Direct
Sell · Dispose
Common Stock
Shares-696
Price$542.87
Total Value$377.8K
Shares Owned After3.04M
Transaction DateAug 7, 2026
10b5-1
Footnotes ▸

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. | The transaction was executed in multiple trades at prices ranging from $542.345 to $543.25. 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.

SMITH PATRICK W
CHIEF EXECUTIVE OFFICER, Director·Direct
Sell · Dispose
Common Stock
Shares-740
Price$545.97
Total Value$404.0K
Shares Owned After3.04M
Transaction DateAug 7, 2026
10b5-1
Footnotes ▸

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. | The transaction was executed in multiple trades at prices ranging from $545.40 to $546.37. 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.

SMITH PATRICK W
CHIEF EXECUTIVE OFFICER, Director·Direct
Sell · Dispose
Common Stock
Shares-126
Price$549.41
Total Value$69.2K
Shares Owned After3.03M
Transaction DateAug 7, 2026
10b5-1
Footnotes ▸

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.

SMITH PATRICK W
CHIEF EXECUTIVE OFFICER, Director·Direct
Sell · Dispose
Common Stock
Shares-157
Price$559.40
Total Value$87.8K
Shares Owned After3.03M
Transaction DateAug 7, 2026
10b5-1
Footnotes ▸

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. | The transaction was executed in multiple trades at prices ranging from $558.85 to $559.62. 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.

SMITH PATRICK W
CHIEF EXECUTIVE OFFICER, Director·Direct
Sell · Dispose
Common Stock
Shares-921
Price$562.63
Total Value$518.2K
Shares Owned After3.03M
Transaction DateAug 7, 2026
10b5-1
Footnotes ▸

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. | The transaction was executed in multiple trades at prices ranging from $562.17 to $563.155. 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.

SMITH PATRICK W
CHIEF EXECUTIVE OFFICER, Director·Direct
Sell · Dispose
Common Stock
Shares-581
Price$565.65
Total Value$328.6K
Shares Owned After3.03M
Transaction DateAug 7, 2026
10b5-1
Footnotes ▸

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. | The transaction was executed in multiple trades at prices ranging from $565.39 to $566.37. 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.

SMITH PATRICK W
CHIEF EXECUTIVE OFFICER, Director·Direct
Sell · Dispose
Common Stock
Shares-238
Price$533.85
Total Value$127.1K
Shares Owned After3.04M
Transaction DateAug 7, 2026
10b5-1
Footnotes ▸

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. | The transaction was executed in multiple trades at prices ranging from $533.46 to $534.11. 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.

SMITH PATRICK W
CHIEF EXECUTIVE OFFICER, Director·Direct
Sell · Dispose
Common Stock
Shares-213
Price$539.22
Total Value$114.9K
Shares Owned After3.04M
Transaction DateAug 7, 2026
10b5-1
Footnotes ▸

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. | The transaction was executed in multiple trades at prices ranging from $538.95 to $539.80. 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.

SMITH PATRICK W
CHIEF EXECUTIVE OFFICER, Director·Direct
Sell · Dispose
Common Stock
Shares-177
Price$548.40
Total Value$97.1K
Shares Owned After3.03M
Transaction DateAug 7, 2026
10b5-1
Footnotes ▸

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. | The transaction was executed in multiple trades at prices ranging from $548.16 to $548.64. 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.

SMITH PATRICK W
CHIEF EXECUTIVE OFFICER, Director·Direct
Sell · Dispose
Common Stock
Shares-299
Price$553.69
Total Value$165.6K
Shares Owned After3.03M
Transaction DateAug 7, 2026
10b5-1
Footnotes ▸

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. | The transaction was executed in multiple trades at prices ranging from $553.50 to $554.00. 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.

SMITH PATRICK W
CHIEF EXECUTIVE OFFICER, Director·Direct
Sell · Dispose
Common Stock
Shares-518
Price$561.75
Total Value$291.0K
Shares Owned After3.03M
Transaction DateAug 7, 2026
10b5-1
Footnotes ▸

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. | The transaction was executed in multiple trades at prices ranging from $561.17 to $562.165. 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.

SMITH PATRICK W
CHIEF EXECUTIVE OFFICER, Director·Direct
Sell · Dispose
Common Stock
Shares-255
Price$564.67
Total Value$144.0K
Shares Owned After3.03M
Transaction DateAug 7, 2026
10b5-1
Footnotes ▸

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. | The transaction was executed in multiple trades at prices ranging from $564.23 to $565.085. 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.

SMITH PATRICK W
CHIEF EXECUTIVE OFFICER, Director·Direct
Sell · Dispose
Common Stock
Shares-207
Price$528.76
Total Value$109.5K
Shares Owned After3.04M
Transaction DateAug 7, 2026
10b5-1
Footnotes ▸

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. | The transaction was executed in multiple trades at prices ranging from $528.615 to $529.425. 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.

SMITH PATRICK W
CHIEF EXECUTIVE OFFICER, Director·Direct
Sell · Dispose
Common Stock
Shares-231
Price$536.52
Total Value$123.9K
Shares Owned After3.04M
Transaction DateAug 7, 2026
10b5-1
Footnotes ▸

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. | The transaction was executed in multiple trades at prices ranging from $536.00 to $536.89. 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.

SMITH PATRICK W
CHIEF EXECUTIVE OFFICER, Director·Direct
Sell · Dispose
Common Stock
Shares-370
Price$541.38
Total Value$200.3K
Shares Owned After3.04M
Transaction DateAug 7, 2026
10b5-1
Footnotes ▸

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. | The transaction was executed in multiple trades at prices ranging from $540.99 to $541.77. 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.

SMITH PATRICK W
CHIEF EXECUTIVE OFFICER, Director·Direct
Sell · Dispose
Common Stock
Shares-653
Price$544.78
Total Value$355.7K
Shares Owned After3.04M
Transaction DateAug 7, 2026
10b5-1
Footnotes ▸

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. | The transaction was executed in multiple trades at prices ranging from $544.40 to $545.39. 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.

SMITH PATRICK W
CHIEF EXECUTIVE OFFICER, Director·Direct
Sell · Dispose
Common Stock
Shares-54
Price$550.50
Total Value$29.7K
Shares Owned After3.03M
Transaction DateAug 7, 2026
10b5-1
Footnotes ▸

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.

SMITH PATRICK W
CHIEF EXECUTIVE OFFICER, Director·Direct
Sell · Dispose
Common Stock
Shares-113
Price$557.80
Total Value$63.0K
Shares Owned After3.03M
Transaction DateAug 7, 2026
10b5-1
Footnotes ▸

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. | The transaction was executed in multiple trades at prices ranging from $557.505 to $558.00. 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.

SMITH PATRICK W
CHIEF EXECUTIVE OFFICER, Director·Direct
Sell · Dispose
Common Stock
Shares-635
Price$563.43
Total Value$357.8K
Shares Owned After3.03M
Transaction DateAug 7, 2026
10b5-1
Footnotes ▸

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. | The transaction was executed in multiple trades at prices ranging from $563.17 to $564.10. 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.

Post-Transaction Holdings

SMITH PATRICK W · CHIEF EXECUTIVE OFFICER, Director
SecuritySharesChange
Common Stock3.04M-9.93K (-0.33%)
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Deep Analysis

Axon CEO Patrick W. Smith sold 9,930 shares under a pre-arranged 10b5-1 plan. This is a passive sale — no open-market discretion, no option exercise.

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Original SEC Filing Textexpand_more
=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2026-08-07 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: 2026-08-07 | Code: S (Open market sale) Shares: -193 | Price: $526.52 Total Value: $101,618.26 Shares Owned After: 3,040,804 | 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 $526.32 to $526.68. 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 #2] Security: Common Stock Date: 2026-08-07 | Code: S (Open market sale) Shares: -94 | Price: $527.95 Total Value: $49,627.52 Shares Owned After: 3,040,710 | 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 $527.615 to $528.045. 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 #3] Security: Common Stock Date: 2026-08-07 | Code: S (Open market sale) Shares: -207 | Price: $528.76 Total Value: $109,454.31 Shares Owned After: 3,040,503 | 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 $528.615 to $529.425. 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: 2026-08-07 | Code: S (Open market sale) Shares: -113 | Price: $530.36 Total Value: $59,930.94 Shares Owned After: 3,040,390 | 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 $529.825 to $530.46. 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 #5] Security: Common Stock Date: 2026-08-07 | Code: S (Open market sale) Shares: -223 | Price: $531.39 Total Value: $118,499.10 Shares Owned After: 3,040,167 | 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 $531.06 to $531.79. 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: 2026-08-07 | Code: S (Open market sale) Shares: -100 | Price: $532.51 Total Value: $53,250.74 Shares Owned After: 3,040,067 | 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 $532.35 to $532.57. 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: 2026-08-07 | Code: S (Open market sale) Shares: -238 | Price: $533.85 Total Value: $127,055.51 Shares Owned After: 3,039,829 | 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 $533.46 to $534.11. 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: 2026-08-07 | Code: S (Open market sale) Shares: -212 | Price: $535.28 Total Value: $113,480.27 Shares Owned After: 3,039,617 | 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 $534.82 to $535.70. 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: 2026-08-07 | Code: S (Open market sale) Shares: -231 | Price: $536.52 Total Value: $123,935.45 Shares Owned After: 3,039,386 | 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 $536.00 to $536.89. 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: 2026-08-07 | Code: S (Open market sale) Shares: -213 | Price: $539.22 Total Value: $114,853.46 Shares Owned After: 3,039,173 | 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 $538.95 to $539.80. 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: 2026-08-07 | Code: S (Open market sale) Shares: -256 | Price: $540.56 Total Value: $138,382.52 Shares Owned After: 3,038,917 | 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 $539.99 to $540.88. 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: 2026-08-07 | Code: S (Open market sale) Shares: -370 | Price: $541.38 Total Value: $200,309.75 Shares Owned After: 3,038,547 | 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 $540.99 to $541.77. 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 #13] Security: Common Stock Date: 2026-08-07 | Code: S (Open market sale) Shares: -696 | Price: $542.87 Total Value: $377,834.18 Shares Owned After: 3,037,851 | 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 $542.345 to $543.25. 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: 2026-08-07 | Code: S (Open market sale) Shares: -1,189 | Price: $543.82 Total Value: $646,596.15 Shares Owned After: 3,036,662 | 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 $543.40 to $544.37. 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: 2026-08-07 | Code: S (Open market sale) Shares: -653 | Price: $544.78 Total Value: $355,740.10 Shares Owned After: 3,036,009 | 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 $544.40 to $545.39. 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: 2026-08-07 | Code: S (Open market sale) Shares: -740 | Price: $545.97 Total Value: $404,014.47 Shares Owned After: 3,035,269 | 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. [F17] The transaction was executed in multiple trades at prices ranging from $545.40 to $546.37. 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: 2026-08-07 | Code: S (Open market sale) Shares: -160 | Price: $547.32 Total Value: $87,571.44 Shares Owned After: 3,035,109 | 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 $546.87 to $547.86. 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: 2026-08-07 | Code: S (Open market sale) Shares: -177 | Price: $548.40 Total Value: $97,067.31 Shares Owned After: 3,034,932 | 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 $548.16 to $548.64. 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: 2026-08-07 | Code: S (Open market sale) Shares: -126 | Price: $549.41 Total Value: $69,225.66 Shares Owned After: 3,034,806 | 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 #20] Security: Common Stock Date: 2026-08-07 | Code: S (Open market sale) Shares: -54 | Price: $550.50 Total Value: $29,727.00 Shares Owned After: 3,034,752 | 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 #21] Security: Common Stock Date: 2026-08-07 | Code: S (Open market sale) Shares: -299 | Price: $553.69 Total Value: $165,552.05 Shares Owned After: 3,034,453 | 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 $553.50 to $554.00. 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: 2026-08-07 | Code: S (Open market sale) Shares: -64 | Price: $555.88 Total Value: $35,576.00 Shares Owned After: 3,034,389 | 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 #23] Security: Common Stock Date: 2026-08-07 | Code: S (Open market sale) Shares: -113 | Price: $557.80 Total Value: $63,030.88 Shares Owned After: 3,034,276 | 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 $557.505 to $558.00. 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: 2026-08-07 | Code: S (Open market sale) Shares: -157 | Price: $559.40 Total Value: $87,826.38 Shares Owned After: 3,034,119 | 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 $558.85 to $559.62. 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 #25] Security: Common Stock Date: 2026-08-07 | Code: S (Open market sale) Shares: -142 | Price: $560.28 Total Value: $79,559.31 Shares Owned After: 3,033,977 | 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. [F23] The transaction was executed in multiple trades at prices ranging from $560.1175 to $561.09. 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 #26] Security: Common Stock Date: 2026-08-07 | Code: S (Open market sale) Shares: -518 | Price: $561.75 Total Value: $290,984.38 Shares Owned After: 3,033,459 | 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. [F24] The transaction was executed in multiple trades at prices ranging from $561.17 to $562.165. 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 #27] Security: Common Stock Date: 2026-08-07 | Code: S (Open market sale) Shares: -921 | Price: $562.63 Total Value: $518,184.62 Shares Owned After: 3,032,538 | 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. [F25] The transaction was executed in multiple trades at prices ranging from $562.17 to $563.155. 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 #28] Security: Common Stock Date: 2026-08-07 | Code: S (Open market sale) Shares: -635 | Price: $563.43 Total Value: $357,780.15 Shares Owned After: 3,031,903 | 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. [F26] The transaction was executed in multiple trades at prices ranging from $563.17 to $564.10. 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 #29] Security: Common Stock Date: 2026-08-07 | Code: S (Open market sale) Shares: -255 | Price: $564.67 Total Value: $143,990.47 Shares Owned After: 3,031,648 | 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. [F27] The transaction was executed in multiple trades at prices ranging from $564.23 to $565.085. 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 #30] Security: Common Stock Date: 2026-08-07 | Code: S (Open market sale) Shares: -581 | Price: $565.65 Total Value: $328,640.79 Shares Owned After: 3,031,067 | 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. [F28] The transaction was executed in multiple trades at prices ranging from $565.39 to $566.37. 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. --- 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 $536.00 to $536.89. 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 $538.95 to $539.80. 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 $539.99 to $540.88. 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 $540.99 to $541.77. 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. F14: The transaction was executed in multiple trades at prices ranging from $542.345 to $543.25. 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 $543.40 to $544.37. 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 $544.40 to $545.39. 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 $545.40 to $546.37. 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 $546.87 to $547.86. 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 $548.16 to $548.64. 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 $526.32 to $526.68. 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 $553.50 to $554.00. 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 $557.505 to $558.00. 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 $558.85 to $559.62. 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. F23: The transaction was executed in multiple trades at prices ranging from $560.1175 to $561.09. 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. F24: The transaction was executed in multiple trades at prices ranging from $561.17 to $562.165. 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. F25: The transaction was executed in multiple trades at prices ranging from $562.17 to $563.155. 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. F26: The transaction was executed in multiple trades at prices ranging from $563.17 to $564.10. 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. F27: The transaction was executed in multiple trades at prices ranging from $564.23 to $565.085. 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. F28: The transaction was executed in multiple trades at prices ranging from $565.39 to $566.37. 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 $527.615 to $528.045. 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 $528.615 to $529.425. 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 $529.825 to $530.46. 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. F6: The transaction was executed in multiple trades at prices ranging from $531.06 to $531.79. 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 $532.35 to $532.57. 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 $533.46 to $534.11. 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 $534.82 to $535.70. 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 (2026-08-11)

keid analysis is for reference only and does not constitute investment advice.