Do Not Sell My Personal Data/Privacy Policy. Since joining Axon in 2019, he has driven institutional rigor in Axon's research and development organization, which is renowned for delivering best-in-class SaaS platforms and sensors devices for public safety. Founder of Axon Enterprise, Inc., Patrick W. Smith currently is Chief Executive Officer & Director at this company. In 2018, he stepped into the role of Chief Revenue Officer, responsible for Axons global growth, customer service, professional services, and sales operations, successfully driving annual growth rates in excess of 25%. The TASER segment sells conducted electrical weapons, accessories, and other related products and services. Rick has dedicated his life to helping public safety serve the communities they are sworn to protect. I'm reminded of something that Morgan Housel said. Elizabeth holds a BS in Business Administration from the University of Mary Washington. [12] It includes an automated redaction tool, audit trails for chain of custody purposes, and functionality to share evidence with prosecutors and others. In his tenure at Axon, Fields has negotiated record-breaking contracts for the company, and led strategies to significantly curtail product litigation and protect Axon's innovative intellectual property rights. In the last 2 years at Axon Enterprise, Inc, Patrick W Smith has sold an estimated value of $398.3M worth. If you reached this page via our site or search, please let us know by emailing, Epsteins Private Calendar Reveals Prominent Names, First Republic Bank Is Seized and Bulk Sold to JPMorgan, Randi Weingartens Incredible Covid Memory Loss, Speaker McCarthy Expects White House to Invite Netanyahu to Washington, Five Dead, Including Eight-Year-Old, in Texas Shooting, Pension Reform Protesters, Police Clash in Paris on May Day. [53] $583.34K . News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. Axon and founder Patrick Smith are riding high. Affiliate Resources 2023 TASER Self-Defense All Rights Reserved All third-party trademarks referenced herein are the property of their respective owners, each of which is not affiliated with Axon Enterprise, Inc. Terms of Use Privacy Policy Axon Trademarks Why I Refuse to Chase the Maximum Social Security Benefit, U.S. Money Supply Is Doing Something It Hasn't Done in 90 Years, and It May Signal a Big Move for Stocks, Social Security Cuts May Be Coming. At KKR, she also served on numerous boards. 10 cartridges featuring individually targeted probes. Super Option Performance Targets Check Out The Full List Of Axon Enterprise's Insider Trades. At Microsoft, Yasser led computer vision system teams to deliver technologies such as Pixelsense and previously developed flight control and autopilot systems for flight simulators at CAE Inc., in Montreal. In 2019, Rick published, The End of Killing, which challenges conventional wisdom by arguing that killing is a technology problem and offering a roadmap to solve it. WebWinters Police Department, TASER Lesson Plan 1 Winters Police Department 702 Main Street Winters, CA 95694 (530)795-2261 TASER Training Lesson Plan He received an undergraduate degree from Harvard University, [44], Axon Signal is a range of products that are designed to automatically trigger recordings on Axon cameras in response to certain events, such as Signal Vehicle (which can trigger after the opening of doors or activation of sirens), Signal Performance Power Magazine (a successor to the TASER Cam accessory that triggers recordings when an Taser is armed), and Signal Sidearm (a sensor for handgun holsters which triggers recording when the gun is removed). All proxy statements are public filings made available to the general public by the SEC. 10 stocks we like better than Axon EnterpriseWhen our award-winning analyst team has a stock tip, it can pay to listen. These systems, like the body cameras, integrate with the Evidence.com service. As Chief Operating Officer, Josh is responsible for the day-to-day operational excellence of the business, including operations and execution, marketing, policies and employees. Jenner began his career conducting security assessments and audits of government systems for the California Bureau of State Audits and the Arizona Office of the Auditor General. WebTASER Pulse+ (2020) StrikeLight (2022) PROFESSIONAL TRAINING. Change value during the period between open outcry settle and the commencement of the next day's trading is calculated as the difference between the last trade and the prior day's settle. KNIGHT-SWIFT TRANSPORTATION HOLDINGS INC. Transcript : Axon Enterprise, Inc., Q4 2022 Earnings Call, Feb 28, 2023, Transcript : Axon Enterprise, Inc., Q3 2022 Earnings Call, Nov 08, 2022, Transcript : Naked Wines plc - Shareholder/Analyst Call, Transcript : Axon Enterprise, Inc., Q2 2022 Earnings Call, Aug 09, 2022, Transcript : Tabcorp Holdings Limited - Analyst/Investor Day, Transcript : Axon Enterprise, Inc. - Shareholder/Analyst Call, Transcript : Axon Enterprise, Inc., Q1 2022 Earnings Call, May 10, 2022. [43] Axon Capture is an app that can be used to capture audio, photo, and video evidence and upload it to Evidence.com using an officer's mobile phone. Prior to joining Axon, she served for 3.5 years as Chief Financial Officer at Sonos (Nasdaq: SONO), overseeing traditional finance functions, including investor relations and M&A, as well as real estate and information technology. in Accounting and Computer Applications. Patrick has made over 13 trades of the Axon Enterprise Inc stock since 2017, according to the Form 4 filled with the SEC. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. $0 was awarded as stock [2], Its initial product and former namesake is the Taser, a line of electroshock weapons. [16], Especially in the wake of the Michael Brown shooting, the company's body camera business saw significant growth. *Stock Advisor returns as of November 10, 2021. Hans began his career designing motorcycles for Honda followed by fifteen years at Oakley where he helped re-establish its image as a competitive player in the fashion world across multiple product lines. The board of directors of Axon Enterprise, the stun-gun and body-camera company formerly known as Taser International, recently disclosed 2018 compensation of $246 million for its CEO, Patrick Smith, in an annual proxy report filed April 16, 2019. An annual payout that big would easily set a record among Arizona CEOs. in Political Science from the University of Colorado and an M.B.A. from the University of Redlands with advanced study at the University of Cambridge Institute of Economic and Political Studies. WebAxon Enterprise Inc develops, manufactures, and sells conducted energy devices and cloud-based digital evidence management software designed for use by law enforcement, corrections, military forces, private security personnel, and private individuals for personal defense. TASER's CEO Rick Smith explained that the products were designed to "help provide revolutionary digital evidence collection, storage and retrieval for law enforcement". The largest trade he's ever made was exercising 300,000 units of On average, Axon Enterprise Inc executives and independent directors trade stock every 33 days with the average trade being worth of $3,614,200. Axon Enterprise, Inc. (NASDAQ:AXON Get Rating) CEO Patrick W. Smith sold 2,600 shares of the companys stock in a transaction on Monday, April 3rd. including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. While the Taser product line still contributes to a significant portion of its revenue, the company's technologies business had seen major gains. [11], After nearly going bankrupt marketing other products such as an electroshock-based anti-theft system for automobiles known as "Auto Taser",[12] the company, later renamed TASER International, introduced its TASER M26 weapon in 1999. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. Patrick W. Smith is CEO and co-founder of Axon Enterprise, formerly TASER International, an American Scottsdale, Arizona-based company which develops technology and weapons products for military, law enforcement and civilians. [16] The company piloted Axon Pro in various small cities and towns. That's right -- they think these 10 stocks are even better buys. WebBe the first to know when AXON insiders and whales buy or sell their stock. Data are provided 'as is' for informational purposes only and are not intended for trading purposes. Prior to joining Axon, Pat was at McKinsey & Company in the Strategy & Corporate Finance practice where specialized in corporate restructuring and private equity in the renewable energy sector. [19] In June 2015, the company announced the formation of a new Seattle-based division known as Axon, which would encompass the company's technology businesses, including body cameras, digital evidence management, and analytics. Patrick W Smith, Chief Executive Officer at Axon Enterprise AXON, made a large buy and sell of company shares on November 5, according to a new SEC filing. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.*. Arvind leads various areas within finance at Axon including financial planning & analysis (FP&A), commercial finance, product finance, and treasury. WebMr. Thorough reviews have been conducted to assure this data accurately reflects disclosures. In addition to his duties at Axon, Richard serves on the Board of the Border Security Technology Consortium. [3], In 1969, NASA researcher Jack Cover began to develop a non-lethal electric weapon to help police officers control suspects, as an alternative to firearms. That's just a guess. ", "ELECTRONIC CONTROL DEVICE LEGAL OUTLINE", TASER Granted Summary Judgment Dismissing Product Liability Lawsuit, "Taser Loses 1st Product-Liability Suit; Jury Awards $6 Million", Appeals Court Significantly Reduces Award in Heston Lawsuit Against TASER, http://investor.taser.com/phoenix.zhtml?c=129937&p=irol-newsArticle&ID=1677761&highlight=, "Six years later, Coroner rules Robert Dziekanski's death at hands of Mounties at Vancouver airport was a homicide", "Commons committee probes Taser use by police", "Amnesty urges moratorium on Taser use after CBC/Radio-Canada probe", "Taser Employees Hit iTunes To 'Troll' Documentary That Probes Suspect Killings", "Taser Employees Appear to Troll Anti-Taser Documentary With Fake Reviews", "Taser staff appear to post negative reviews for film critical of stun guns", "Is This the Lawsuit That Kills TASER International? Morgan was writing about Elon Musk. A number of years ago, Smith opted to not receive a salary-based paycheck and instead be compensated on the market cap of the business. Axon ( AXON 3.28%) CEO Patrick Smith shares some similarities to Tesla ( TSLA 6.24%) founder Elon Musk, Jenner oversees the information security program that protects Axon's systems and products. 2023 Benzinga.com. Axon Enterprise Inc executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. Following the transaction, Smith still owns 774,032 shares of Axon Enterprise worth $141,369,204. Axon empowers legal teams to focus on what really matters - their cases. Patrick W. Smith made $33,115 in total compensation. Fields joined Axon in 2011 as litigation counsel and subsequently held positions including VP of Legal and Government Affairs and SVP & General Counsel before being promoted to EVP & General Counsel in January 2021, where he was responsible for overseeing Axons legal, medical and compliance departments. Mr. Smith AAXN stock SEC Form 4 insiders trading. Evidence Sync is a desktop application that allows law enforcement officers or military personnel to review and upload evidence from hardware devices and local files. Prior to Axon, Hans was the VP of ME/ID/NPI at Intel for six years where he oversaw wearable connected devices that included heads up display products for virtual reality, LTE connected devices, and wireless charging systems. Prisons, Probation and Parole, and juvenile justice. D-3114 IN THE MATTER OF DISCIPLINE OF PATRICK J. NELSON Patrick J. Nelson, of Kearney, Nebraska, is suspended from the practice of law in this Court, and a rule will issue, returnable within 40 days, requiring him to show cause why he should not be disbarred from the practice of law in this Court. Shop TASER products designed for personal and home use. Matt studied Mechanical Engineering at Marquette University and earned his MBA with the W.P. $277.01M on November 17, 2021. Patrick has made over 13 trades of the Axon Enterprise Inc stock since 2017, according to the Form 4 filled with the SEC. [14][15], In 2008, the company unveiled its first body camera, the Axon Pro. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. Insider transactions shouldn't be used primarily to make an investing decision, however, they can be an important factor for an investor to consider. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. $0 was received as a bonus, The most active insiders traders include Patrick W Smith, Bret Steven Taylor, and Richard H Carmona. [16] In 2009, after prosecutor Daniel Shue exonerated Fort Smith police officer Brandon Davis based on footage from an Axon Pro camera, both Davis and Shue began to provide testimonials for the product in its marketing. They sold at prices ranging from $181.78 to $187.12 to raise a total of $26,022,486 from the stock sale. So it's a diluted version. [52] The damages were reduced in the Court of Appeals in 2011. Patrick Smith is 49, he's been the Chief Executive Officer and Director of Axon Enterprise Inc since 1993. Mr. Smith has served as Chief Executive Officer (CEO) and as a director of the Company since 1993. The study found an 88% drop in complaints filed against officers and nearly a 60% reduction in officer use-of-force incidents. Although primarily intended to work with Evidence.com, it can also be used in offline mode to directly access files, if the agency prefers. The stock was sold at an average price of $224.36, for a total transaction of $583,336.00. But the general thesis was Smith said, "Hey, I think Axon is going to be a much larger business in the future and I want to prove it and I want to put my money where my mouth is.". The most recent transaction was a sale order of 2,600 units , worth She holds a B.S. These 4 Superb Growth Stocks Are Beating the Nasdaq Bear Market: Is It Too Late to Buy? He also works across the product, supply chain, validation, and manufacturing teams and is responsible for all aspects of the physical product such as Axons conducted energy weapons and body worn cameras. In the last 7 years, insiders at News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. Patrick W. Smith, also known as Rick, founded Axon Enterprise, Inc. (formerly TASER International) in September 1993 and has been its Chief Executive Officer since 1993. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Axon Enterprise, Inc. engages in the development, manufacture, and sale of conducted electrical weapons for personal defense. He holds a B.A. From basic [13], In 2005, TASER International began to offer an accessory for its taser products, TASER Cam, which adds a grip-mounted camera that is activated after the safety is disengaged, to its battery pack. He is also a W.P. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. Following the completion of the transaction, the chief executive officer now directly owns 2,985,660 [] But, you also are going to get the downside of crazy by getting someone who focuses like that. Our executive team is made up of leaders with broad business and technology experience. D-3114 IN THE MATTER OF DISCIPLINE OF PATRICK J. NELSON Patrick J. Nelson, of Kearney, Nebraska, is suspended from the practice of law in this Court, and a rule will issue, returnable within 40 days, requiring him to show cause why he should not be disbarred from the practice of law in this Court. Emily Flippen: One thing that I think is worth noting. "Taser contributes to police families.". WebAxon Enterprise, Inc. is an American Scottsdale, Arizona-based company which develops technology and weapons products for military, law enforcement, and civilians. The company was founded by Patrick W. Smith and Thomas P. Smith on September 7, 1993 and is headquartered in Scottsdale, AZ. The most active traders at the company are Josh joined Axon in 2009 as a member of Axons leadership development program and quickly established a strong track record of delivering results. Rick holds a B.S. He also leads Axons AI Ethics Board. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. Additionally, he was named 2021 General Counsel of the Year for medium-sized public companies by Arizonas Corporate Council Awards. If you typed the URL into your browser, check that you entered it correctly. Investors prefer focusing on transactions that take place in the open market, indicated in Table I of the Form 4 filing. Many of the features introduced in these cameras,[32] such as the pre-event buffer, a method of capturing video from before the record button was pressed, have become common requirements in body-worn camera requests for proposal. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. Patent lawsuits by TASER International led to the shutdown of both Stinger Systems and its successor company, Karbon Arms; both companies were founded by Robert Gruder. Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. Pat first joined Axon in 2018 as the Chief of Staff to the offices of the President and CEO. Richard Coleman II is President of Axon Federal. The Software and Sensors segment includes devices, wearables, applications, cloud, and mobile products. Most recently he sold 98,000 units of AAXN stock worth $12,740,000 on 22 December 2020.. He is a keen operational leader who drives discipline and prioritization across the business, and ensures that Axon is aggressively pursuing our total addressable market opportunity, supported by a world class team. Federal civilian and defense departments and agencies. TASER International considered the suit to be "frivolous and egregious". As Chief Product Officer, Jeff leads Axon's global product, software engineering and security teams, including artificial intelligence and design. The company has noted that it has lost two product liability lawsuits: This lawsuit represents the fifty-ninth (59th) wrongful death or injury lawsuit that has been dismissed or judgment entered in favor of TASER International. There are 10 executives at Axon Enterprise Inc getting paid more, with JoshuaIsner having the highest compensation of $22,389,900. Language links are at the top of the page across from the title. Explore all our in-person and digital events, Experience Axon in person at our conferences and trade shows, Learn from our experts by registering for an upcoming or on-demand webinar, Read Insights and information on the latest public safety trends and technologies, The latest Axon tech in the most cost-effective package. Jeff holds a board of directors observer seat with both Flock Safety and RapidSOS, and also serves on the board of the Seattle Police Foundation. He also served in Product Management, leading development and go-to-market for multiple products including Axon Body 2, Flex 2, Fleet, and Signal platform. Andrea has been analyzing businesses for most of her career, first as an investigative business reporter for several news outlets and then as a vice president and senior research analyst at Dougherty & Co., a boutique investment bank. Thomas P. Smith, co-founder. Doug Klint, president and General Counsel. Axon Enterprise, Inc. is an American Scottsdale, Arizona -based company which develops technology and weapons products for military, law enforcement and civilians. Its initial product and former namesake is the Taser, a line of electroshock weapons. Coronavirus Tips Working and Protection. I think he truly believes he's laid out a vision for what policing can look like by 2030, and it is vastly different than what we, unfortunately, have to see on the newsreels these days. [8], In 1993, Rick and Tom Smith (CEO Set Jet) formed AIR TASER, Inc. to, with Cover, design a version of the device that would use compressed nitrogen instead of gunpowder as a propellant. The company operates in two segments: Taser and software & sensors. Frosch, Dan. He earned his Ph.D. from the Rutgers School of Criminal Justice. Founder of Axon Enterprise, Inc., Patrick W. Smith currently is Chief Executive Officer & Director at this company. One of these cases is that on Feb. 15, 2006, one officer Officer accidentally discharged TASER device on his daughter. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. WebSmith, CEO of Taser manufacturer Axon Enterprise, received a stock option award with a value estimated at around $246 million that is based on 12 market capitalization, revenue, and EBITDA milestones. The incident provoked discussion and inquiries into the appropriateness of Taser use in law enforcement in Canada. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. Source: FactSet. Change value during other periods is calculated as the difference between the last trade and the most recent settle. A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. Two cartridge types for Close Quarters and Stand-off situations, with dual laser including range adjusting lower laser. It operates through the TASER segment and Software and Sensors segment. In other Axon Enterprise news, CEO Patrick W. Smith sold 96,140 shares of the firms stock in a transaction on Wednesday, January 25th. Mike Wagers is the Senior Vice President for Strategic Initiatives. She currently serves as Chief Financial Officer and Chief Business Officer at Axon. In addition to body-worn cameras, Axon also offers interview room and in-car video systems, known as Axon Interview and Axon Fleet respectively. There are 5 older and 5 younger executives at Axon Enterprise Inc. Benzinga does not provide investment advice. Axon Enterprise, Inc., Amtech Systems, Inc., Knight-Swift Transportation Holdings, Inc. Total Insider Purchases and Sales Reported to the SEC, Vanguard US Total Market Shares Index ETF, Vanguard Institutional Total Stock Market Index Trust, Capital Research & Management Co. (International Investors), Capital Research & Management Co. (Global Investors). The most recent stock trade was executed by Michael Garnreiter on 4 January 2021, trading 500 units of AAXN stock currently worth $61,505. Brittany Bagley is a seasoned business and finance leader with experience both as an operator and as a board member. Date: April 14, 2023 Issue: Whether constitutional challenges to the structure of the U.S. Federal Trade Commission (FTC) and U.S. Securities and Exchange Commission (SEC) can be brought in federal court without first going through administrative appeals. He graduated from the Pasadena Art Center College of Design with a BS in Industrial Design. April 30, 2015. Yasser received his BS in Microelectronics and Telecommunication Systems from Ain Shams University and an MBA from the University of Washington. He's accomplished way more than anyone thought he would, and we've seen what that crazy can look like. Elizabeth joined Axon in 2019 and is responsible for leading the company's global people organization. [22] As of 2017, they comprised a quarter of the company's business, while Axon cameras had a market share of 85% among police departments in the United States' major cities. WebPatrick W. Smith Chief Executive Officer & Director: Axon Enterprise, Inc. Michael Garnreiter Chairman: Axon Enterprise, Inc., Amtech Systems, Inc., Knight-Swift What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission states that Patrick W Smith exercised options to purchase 232,223 Axon Enterprise shares at prices ranging from $182.64 to $184.91 per share for a total of $42,719,009 on November 5. Carey Alumni board member, an IRA Fulton School of Engineering board member and supports several non-profit organizations. Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. [46][47] Agencies are able to send links to any user, allowing them to upload evidence remotely. A P in Box 3 indicates a purchase, while S indicates a sale. The stock was sold at an average price of $190.49, for a total value of $18,396,571.75. Isaiah holds a Bachelor of Arts and Juris Doctorate from Hofstra University. Most recently he sold 98,000 units of AAXN stock worth $12,740,000 on 22 December 2020. The shares were sold at an average price of $224.36, for a total value of $583,336.00. Making the world smarter, happier, and richer. Its initial product and former namesake is the Taser, a line of electroshock weapons. So as notches of market cap increased, so did Smith's compensation largely stock-based, and that does cap out at about $15 billion. While at Bloomberg she held a variety of global roles including Interim Recruiting Lead for Asia, HR Leader for the Industry Verticals and Chief of Staff for Bloomberg Government. Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. Of this total $31,201 was received as a salary, $0 was received as Streamline management, storage and sharing of all your digital evidence. Learn More. He received an undergraduate degree from Harvard University, an MBA from The University of Chicago and a graduate degree from Universit Catholique de Louvain. But in our notes we wrote, he can be a bit of a nut. Get Free AXON Updates AXON Shareholders What type of owners hold Axon Enterprise Inc stock? For its 2021 fiscal year, AXON ENTERPRISE, INC., listed the following CEO pay ratio data on its annual proxy statement to the SEC. They are the Taser Pulse, the Taser Pulse+, and the Taser Strikelight. Mike also oversees the US State and Local Government Affairs team and its Ambassador program. [8] In 1980, the Los Angeles Police Department conducted a successful field test of an improved version (having reconsidered its earlier rejections of the technology after the shooting of Eula Love), but the device remained commercially unsuccessful and Cover's company, Taser Systems Inc., collapsed. [51], However, on June 6, 2008, the company lost its first product-liability suit. Patrick W Smith who sold, In the last 7 years, insiders at Axon Enterprise, Inc have sold an estimated value of, Mailing address is 7860 East McClain Drive Suite 2 Scottsdale AZ 85260-1627 AZ.
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