Company: AX
Filing Date: 2025-09-25
Form Type: DEF 14A
Source: 0001299709-25-000174
Chunk: 42

Company: Axos Financial, Inc.
Filing Date: 2025-09-25
Form: DEF 14A
Chunk 42
---
 |     |       |     |   |     |           |     | 63.20 |     | 210,014 |
|                        |     | 03/20/2025(4) |     |                         |     |        |     |                           |     |                                                     | 15,300 |     |   |     |       |     |   |     |           |     | 63.73 |     | 975,069 |
| Derrick K. Walsh       |     | 09/15/24      |     |                         |     |        |     |                           |     |                                                     |  3,956 |     |   |     |       |     |   |     |           |     | 63.20 |     | 250,019 |
|                        |     | 03/20/25      |     |                         |     |        |     |                           |     |                                                     |  4,080 |     |   |     |       |     |   |     |           |     | 63.73 |     | 260,018 |

(1) RSUs for Mr. Garrabrants vest in one-fourth increments on each of the first four fiscal year-ends 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.

(2) Aggregate value of RSU awards based upon the accounting grant date and calculated in accordance with ASC 710 and 718. The actual value at the end of the vesting period may be significantly higher or lower than the value presented depending upon the market value of the common stock at that time. The Company’s incentive cash bonus plan is fully discretionary.

(3) The January 1, 2025 award to Mr. Garrabrants (to be issued in September 2026, if the Company performance criteria is achieved) reflects estimated RSU awards totaling 93,844 RSUs at an average price of $94.76 determined through Monte Carlo simulation in accordance with ASC 718.

(4) 11,769 of RSUs granted on March 20, 2025 vest over a four year period.

| 50 |

#### Compensation Discussion & Analysis

#### Outstanding Equity Awards at Fiscal Year-End 2025
This table shows the equity awards that have been previously awarded to each of the Named Executive Officers and which remained outstanding as of June 30, 2025 all of which consist