The company operates in two segments: Taser and software & sensors. So as notches of market cap increased, so did Smith's compensation largely stock-based, and that does cap out at about $15 billion. . WebPatrick Smith. Prior to joining Axon, he served as Director of Finance & Business Development at Globe Specialty metals in New York City where he helped lead their IPO & execute several acquisitions. The stock was sold at an average price of $190.49, for a total value of $18,396,571.75. Both awards are likely to be worth significantly more if all performance targets are met. 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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. Patrick W. Smith serves as Chief Executive Officer, Director of the Company. Jenner oversees the information security program that protects Axon's systems and products. AXON ENTERPRISE, INC. income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. The Motley Fool owns and recommends Axon Enterprise and Tesla. Earlier in November, we saw Axon have a pretty stellar quarter. in Journalism from Northwestern University (Kappa Tau Alpha). He is also cofounder of the Company. The largest trade he's ever made was exercising 300,000 units of Axon Enterprise Inc stock on 15 May 2018 worth over $1,629,000. Investors prefer focusing on transactions that take place in the open market, indicated in Table I of the Form 4 filing. WebFounder of Axon Enterprise, Inc., Patrick W. Smith currently is Chief Executive Officer & Director at this company. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. Built for close-range encounters. 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. Rick holds a B.S. All rights reserved. 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. WebMr. The study found an 88% drop in complaints filed against officers and nearly a 60% reduction in officer use-of-force incidents. Prior to joining Axon, Mike was Amazon Web Services global justice and public safety lead, helping agencies move to the cloud. There are three law enforcement/military models currently available: Taser currently has three self-defense weapons for sale. Thorough reviews have been conducted to assure this data accurately reflects disclosures. [62], In June, 2022, after Axon proposed a plan for taser-armed drones to stop school shootings, Axon's own ethics board expressed disagreement with the plan[63] and issued a unanimous statement of concern. Coronavirus Tips Working and Protection. I would be surprised if he left because just in my bones, I feel like this matters to him a lot and he wants to be there to see it through. In legal terms, an "insider" refers to any shareholder who owns at least 10% of a company. In other Axon Enterprise news, CEO Patrick W. Smith sold 96,575 shares of the stock in a transaction dated Friday, January 27th. Transaction code C indicates the conversion of an option, and transaction code A indicates the insider may have been forced to sell shares in order to receive compensation that had been promised upon being hired by the company. But in our notes we wrote, he can be a bit of a nut. ", "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? Mike served as the Chief Operating Officer at the Seattle Police Department under Chief Kathleen OToole, where he helped infuse new technology into the department, including designing its Real-Time Crime Center, Compstat process, developing blurring software for body camera video, and creating a YouTube channel for police video. Obviously, I don't know the gentleman personally at all, but he is very passionate about seeing policing being very different by 2030. They then sold their shares on succeeding transactions in the open market. and $1,914 came from other types of compensation. 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. It's around 12-13 today. 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. 2023 Benzinga.com. The incident provoked discussion and inquiries into the appropriateness of Taser use in law enforcement in Canada. He is a dynamic, inspirational and visionary leader who challenges Axon and society to rethink deeply entrenched problems and to drive toward life-saving outcomes. Language links are at the top of the page across from the title. Isaiah holds a Bachelor of Arts and Juris Doctorate from Hofstra University. He also leads Axons AI Ethics Board. Web5. Morgan was writing about Elon Musk. Rick Smith is the CEO of Axon Enterprise. Prior to Axon, Jeff was Vice President of Amazons Alexa Entertainment and led Alexas global experience, developer platform, and strategic partnerships for Alexa-enabled devices. Gabriel K. Gillett Jenner & Block One IBM Plaza Chicago IL 60611-3608 UNITED STATES Tel: 202639 6000 Fax: 202639 6066 E-mail: JSchiappacasse@jenner.com URL: www.jenner.com 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. He received an undergraduate degree from Harvard University, Our executive team is made up of leaders with broad business and technology experience. Patrick W Smith's largest purchase order was, The most recent transaction was a sale order of, Axon Enterprise, Inc's most recent insider trade came on April 4, 2023 by So it's a diluted version. That's just a guess. [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. SVP - Artificial Intelligence (AI), Imaging Systems and Connected Devices Software. 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, CHIEF EXECUTIVE OFFICER, [48] The product is described as incident-based system that seeks to "structure" and "streamline" the collection of crowd-sourced evidence.[49]. Mr. Smith AAXN stock SEC Form 4 insiders trading. She currently serves as Chief Financial Officer and Chief Business Officer at Axon. He received an undergraduate degree from Harvard University, Plaza City Complex, 112 E. Chapman Avenue, Suite B, Orange, This report is not for commercial use. On average, Patrick trades about 53,871 units every 67 days since 2017. Founder of Axon Enterprise, Inc., Patrick W. Smith currently is Chief Executive Officer & Director at this company. Axon Enterprise, Inc. engages in the development, manufacture, and sale of conducted electrical weapons for personal defense. Despite the controversies that have centered around the products (including deaths attributed to taser usage), the company maintained its dominant market position. Improve officer safety, provide tactical support, and reconstruct scenes. AXON | Complete Axon Enterprise Inc. stock news by MarketWatch. Prior to Axon, Josh was a managing partner at Logistics Delivered, as well as VP of Operations at Ruan Transport Corporation, where he excelled in strategic enterprise-wide leadership and managed P&L/business development for operations across the continental US. Axon Enterprise, Inc. (AAXN) Q1 2017 Earnings Conference Call May 9, 2017 4:30 PM ETExecutivesLuke Larson - PresidentArvind Bobra - Director, California State Bar Number 257400. In the last 7 years, insiders at Axon Enterprise, Inc have sold an estimated value of $563.16M Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. Hans joined Axon in early 2019 as the VP of Hardware Engineering and Research & Development. First Responders and emergency medical professionals. $0 was received as a bonus, The Axon Flex and Body only record video in standard definition (SD). Isaiah is responsible for overseeing Axon's legal operations, government affairs, risk management and compliance. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. $583.34K . [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. 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. Rick has dedicated his life to helping public safety serve the communities they are sworn to protect. In this capacity, Richard has overall responsibility for developing and implementing the Federal Sectors strategy and managing and executing the Federal Sectors profit and loss. [citation needed], The company also took significant action against competitors, having acquired the aforementioned Tasertron, and aggressively defending its patents. In 2014, Josh led Axons domestic body camera and cloud software sales team to a record year and was subsequently promoted to Executive Vice President of Global Sales. The Taser brand would still be used for the company's weapons products. Previously, Fields served as an Assistant Attorney General at the Arizona Attorney Generals Office, representing the state in complex civil litigation. Thanks for joining our call and thank you for your interest in Axon. That's right -- they think these 10 stocks are even better buys. Invest better with The Motley Fool. Cum Laude in Neuroscience from Harvard University, a Master's in International Finance from the University of Leuven in Belgium, and an MBA from the University of Chicago. 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. Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. He is responsible for managing customer and partner relationships for Axon. Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. I think that Axon can be an enormous force for good in that respect the same way that Tesla is. 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. He received an undergraduate degree from Brittany holds a B.A. Magna Cum Laude from Brown University. Most recently he sold 98,000 units of AAXN stock worth $12,740,000 on 22 December 2020. They are the Taser Pulse, the Taser Pulse+, and the Taser Strikelight. [14][15], In 2008, the company unveiled its first body camera, the Axon Pro. The stock was sold at an average price of $224.36, for a total transaction of $583,336.00. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. He is also a Certified Information Systems Auditor (CISA). Of this total $31,201 was received as a salary, $0 was received as He's accomplished way more than anyone thought he would, and we've seen what that crazy can look like. 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. He earned his Ph.D. from the Rutgers School of Criminal Justice. *Average returns of all recommendations since inception. Prior to Seattle, Mike served as the Director of Law Enforcement Operations and Support at the International Association of Chiefs of Police. Richard Coleman II is President of Axon Federal. As of 22 December 2020 he still owns at least 368,310 units of Axon Enterprise Inc stock. [39][40], Evidence.com is a cloud-based digital evidence management system that allows police departments, military command center or military outpost to manage, review, and share digital evidence, particularly video evidence captured with Axon-branded cameras. WebTASER Pulse+ (2020) StrikeLight (2022) PROFESSIONAL TRAINING. [9][10] During development, the company faced competition from another vendor, Tasertron, whose product had become associated with its alleged ineffectiveness during the police confrontation of Rodney King. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. View real-time stock prices and stock quotes for a full financial overview. Local In-Person Courses. [3] The rebranding was also intended to help distance the company from the negative stigma surrounding the Taser brand, with Smith acknowledging that they were "a bit of a distraction" when recruiting employees for its technology business. 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. 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%. WebAs Chief Executive Officer at AXON ENTERPRISE, INC. , Patrick W. Smith made $33,115 in total compensation. [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. If You Do This, You Won't Have to Worry About Them, Join Over Half a Million Premium Members And Get More In-Depth Stock Guidance and Research, Copyright, Trademark and Patent Information. She currently sits on the board of Girls In Tech Phx. [61], A Californian criminal defense lawyer noted that the Evidence.com terms of use gives the company a "non-exclusive, transferable, irrevocable, royalty-free, sub-licensable, worldwide license" to use photos and videos uploaded by its users, and that their policies may violate California privacy law (especially in regards to data involving juveniles). Super Option Performance Targets Richard earned a bachelors and masters degree in Electrical and Systems Engineering and an Executive masters in business administration from Arizona State University. Now the whole reason I bring that up is to say that I believe that Smith has some of that too. Axon Enterprise (AXON) Q4 2022 Earnings Call Transcript, Axon Enterprise (AXON) Q3 2022 Earnings Call Transcript. and bought an estimated value of $1.37B worth of shares. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. Over the last 10 years, insiders at Axon Enterprise Inc have traded over $78,849,624 worth of Axon Enterprise Inc stock and bought 22,000 units worth $1,208,860 Axon Enterprise, Inc. (NASDAQ:AXON Get Rating) CEO Patrick W. Smith sold 2,600 shares of the stock in a transaction that occurred on Monday, April 3rd. Vendor Cap Increase - AXON and Superion. It is headquartered in Scottsdale, Ariz. Its revenue for 2017 was $344 million. [46][47] Agencies are able to send links to any user, allowing them to upload evidence remotely. [3], In May 2018, Axon acquired competitor VieVu for $4.6 million in cash and $2.5 million in common stock.[23]. But he really does believe in this mission of eradicating the bullet. They just revealed what they believe are the ten best stocks for investors to buy right now and Axon Enterprise wasn't one of them! In other Axon Enterprise news, CEO Patrick W. Smith sold 96,140 shares of the firms stock in a transaction on Wednesday, January 25th. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. Change value during other periods is calculated as the difference between the last trade and the most recent settle. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. 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. WebPatrick W. Smith Chief Executive Officer & Director: Axon Enterprise, Inc. Michael Garnreiter Chairman: Axon Enterprise, Inc., Amtech Systems, Inc., Knight-Swift Pat first joined Axon in 2018 as the Chief of Staff to the offices of the President and CEO. Patrick has made over 13 trades of the Axon Enterprise Inc stock since 2017, according to the Form 4 filled with the SEC. E. SMITH, ESQ. In total, Patrick W Smith has made about 23 transactions over 2 years of their time at Axon Enterprise, Inc. Josh joined Axon in 2009 as a member of Axons leadership development program and quickly established a strong track record of delivering results. ", "Taser/Axon Separating Defense Lawyers From Body Camera Footage With License Agreements", "US shootings: Firm unveils plans for Taser-armed drones", "Firm proposes Taser-armed drones to stop school shootings", "Axon Pauses Plans for Taser Drone as Ethics Board Members Resign", https://en.wikipedia.org/w/index.php?title=Axon_Enterprise&oldid=1151336810, Manufacturing companies established in 1991, Pages with non-numeric formatnum arguments, Articles with dead external links from April 2019, Articles with permanently dead external links, Articles with dead external links from October 2018, Articles with dead external links from July 2017, Short description is different from Wikidata, Articles with unsourced statements from April 2017, Creative Commons Attribution-ShareAlike License 3.0, Doug Klint (president and General Counsel), Anglen, Robert. in Accounting and Computer Applications. [4] By 1974, Cover had completed the device, which he named the "Tom Swift Electric Rifle" (TSER), referencing the 1911 novel Tom Swift and his Electric Rifle; to make it easier to pronounce as a word, Cover later added an "A" to the acronym to form "TASER". Prior to joining Axon, Elizabeth was the CAO for Trax Group, a Saas based start up, and spent 5 years at Bloomberg LP. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. $62.13M on January 27, 2023. $0 was received in stock options, It operates through the TASER segment and Software and Sensors segment. Data are provided 'as is' for informational purposes only and are not intended for trading purposes. 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. Patrick Smith is 49, he's been the Chief Executive Officer and Director of Axon Enterprise Inc since 1993. It was designed to be head-mounted, and upload footage for online storage on a web-based service known as Evidence.com. Axon Enterprise, Inc's most recent insider trade came on April 4, 2023 by