AXON ENTERPRISE, INC. — Director's Dealing 2025

Apr 4, 2025

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: AXON ENTERPRISE, INC. (AXON)
CIK: 0001069183
Period of Report: 2025-04-01

Reporting Person: Mak Jennifer H (Chief Accounting Officer)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	17465	Direct

Footnotes

F1: Includes 9,574 restricted stock units subject to vesting conditions related to four separate time-vested awards granted to the reporting person pursuant to the Axon Enterprise, Inc. Amended and Restated 2022 Stock Incentive Plan. The grants will vest 160 shares on each of May 31, 2025 and August 31, 2025, 4,305 shares on November 13, 2025, 159 shares on November 30, 2025, 295 shares on March 3, 2026, 294 shares on each of May 31, 2026, August 31, 2026 and November 30, 2026, 1,897 shares on November 13, 2026, and 429 shares on each of March 3, 2027, May 31, 2027, August 31, 2027, and November 30, 2027.

F2: Includes 7,814 performance-based restricted stock units granted on December 22, 2023, for the achievement of tranches 1 and 2 of the Axon Enterprise, Inc. 2024 eXponential Stock Plan, for which the performance conditions were determined to have been certified by the Compensation Committee on March 24, 2025. The restricted stock units will vest for tranche 1 on June 2, 2025, and for tranche 2 on December 1, 2025, subject to continued employment through such dates. Following the vesting of each tranche, the shares applicable to each tranche are subject to a minimum holding period from the vesting date until the earlier of (i) December 31, 2030 and (ii) the date that a subsequent tranche vests, excluding shares that are withheld to cover taxes.

F3: Includes 77 shares issued upon the release of time-vested restricted stock units prior to April 1, 2025.