Company: AX
Filing Date: 2025-09-25
Form Type: DEF 14A
Source: 0001299709-25-000174
Chunk: 46

Company: Axos Financial, Inc.
Filing Date: 2025-09-25
Form: DEF 14A
Chunk 46
---
601 |     |    |     | $ | -4,745,708 |     |    |     | $ | -5,468,105 |     |    |     | $ | 6,806,800 |

(a) Includes RSUs related to awards made to Mr. Garrabrants on January 1, 2025 to be issued, if at all, in September 2026 based on the Company’s performance in connection with the renewal of his employment agreement. See “Impact of One-Year Renewal on CEO RSU Award Grant Date” and footnote 5 to the Summary Compensation Table for additional information regarding the fiscal year 2025 estimated award.

(b) Reflects an aggregated estimated RSU award totaling 113,672 RSUs, related to awards made to Mr. Garrabrants on January 1, 2024 which were issued in September 2025 based on the Company’s performance in connection with the renewal of his employment agreement. The change in fair value of the actual RSU award issued in September 2025 is included in “Change in fair value during the fiscal year of awards granted in prior years that remain outstanding and unvested as of the end of the fiscal year” in fiscal year 2025. Both amounts have been revised from the prior year presentation. See “Impact of One-Year Renewal on CEO RSU Award Grant Date” and footnote 5 to the Summary Compensation Table for additional information regarding the fiscal year 2024 estimated award.

(c) Reflects an aggregated estimated RSU award totaling 83,050 RSUs, related to awards made to Mr. Garrabrants on January 1, 2023 which were issued in September 2024 based on the Company’s performance in connection with the renewal of his employment agreement. The change in fair value of the actual RSU award issued in September 2024 is included in “Change in fair value during the fiscal year of awards granted in prior years that remain outstanding and unvested as of the end of the fiscal year” in fiscal year 2024. Both amounts have been revised from the prior year presentation. See “Impact of One-Year Renewal on CEO RSU Award Grant Date” and footnote 5 to the Summary Compensation Table for additional information regarding the fiscal year 2023 estimated award.

(d) Reflects an aggregated estimated RSU award totaling 113,909 RSUs, related to awards made to Mr. Garrabrants on January 1, 2022 which were based on the