AXON ENTERPRISE, INC. — Director's Dealing 2025

Nov 5, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AXON ENTERPRISE, INC. (AXON)
CIK: 0001069183
Period of Report: 2025-08-28

Reporting Person: Brooks Cameron (CHIEF REVENUE OFFICER)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-08-28	Common Stock	A	31620	—	Acquired	50318	Direct
2025-10-31	Common Stock	F	5850	$711.34	Disposed	44468	Direct

Footnotes

F1: The transaction consists of performance-based restricted stock units (collectively, "XSUs") granted on April 1, 2024 pursuant to the Axon Enterprise, Inc. 2024 eXponential Stock Plan, for which the performance conditions for the first and second tranches of XSUs (each, a "Tranche") were certified by the issuer's Compensation Committee of the Board of Directors on August 28, 2025 as having been met. The first Tranche vested on October 1, 2025 and the second Tranche will vest on April 1, 2026, in each case subject to continued employment through such dates. Following each vesting, the shares deliverable for each Tranche is subject to a minimum holding period until the earlier of (i) December 31, 2030 and (ii) the date on which a subsequent tranche of XSUs vests, excluding shares withheld or sold to cover applicable taxes.

F2: Securities disposed represent securities withheld to settle the reporting person's tax liability arising out of the vesting of the first Tranche.