Company: AX
Filing Date: 2025-09-25
Form Type: DEF 14A
Source: 0001299709-25-000174
Chunk: 65

Company: Axos Financial, Inc.
Filing Date: 2025-09-25
Form: DEF 14A
Chunk 65
---
.70. Restricted stock units for the Chief Executive Officer vest in one-fourth increments on each of the first four fiscal year-end dates following the date of grant, for all others, vesting is in one-third increments on each of the first three anniversaries of the date of grant.

As of September 1, 2025, there were 56,496,930 common shares outstanding and 1,206,551 common shares remained available for issuance under the 2014 Plan before the addition of 1,000,000 shares under the Amended Plan. Additional information on our equity compensation plans is available elsewhere in this Proxy Statement, including in the table under the heading “Equity Compensation.” As of September 2, 2025, the fair market value of a share of our common stock (based on the closing share price as reported by NYSE on that date) was $90.02 per share.

If our stockholders approve the Amendment, we intend to register the additional shares issuable pursuant to the Amended Plan, under the Securities Act of 1933, as amended, as soon as practicable following such approval. Because certain of our directors and executive officers may be eligible to receive awards under the Plan, such directors and executive officers may be considered to have an interest in this proposal.

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## Item 3. Approval of an Amendment to the Amended and Restated 2014 Stock Incentive Plan

#### Summary of the Amended Plan
The following is a summary of the material terms and conditions of the Amended Plan. This summary, however, does not purport to be a complete description of all provisions of the Amended Plan and is qualified in its entirety by reference to the full text of the Amended and Restated 2014 Stock Incentive Plan, incorporated by reference as an exhibit to our Annual Report on Form 10-K for the fiscal year ended June 30, 2025, and the Amendment, a copy of which is attached to this Proxy Statement as Appendix A.

Administration. The Amended Plan is administered by the Compensation Committee (the “Plan Committee”), consisting of persons who are each (i) “Outside Directors” within the meaning of Section 162(m) of the Internal Revenue Code of 1986, as amended, (“the Code”), as in effect when the 2014 Plan was first adopted, (ii) “non-employee directors” within the meaning of Rule 16b-3 of the Securities Exchange Act of