Now the whole reason I bring that up is to say that I believe that Smith has some of that too. He is responsible for managing customer and partner relationships for Axon. [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. Supreme Court Permits Constitutional Challenges To Following the completion of the transaction, the chief executive officer now directly owns 2,985,660 [] Axon Leadership Prior to joining Axon in 2020, he served as Amazons Head of Distributed Machine Learning at Alexa AI. Plaza City Complex, 112 E. Chapman Avenue, Suite B, Orange, In two years, he completed both a masters degree in international finance from the University of Leuven in Leuven, Belgium and an M.B.A. degree with honors at the University of Chicago, graduating in the top 5% of his class. 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). [45], Axon Citizen is a cloud-based software solution that allows non-law enforcement personnel to share and upload information, including photos and video, directly to a law enforcement agency. Supreme Court Permits Constitutional Challenges To ", "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. Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. Axon (AXON 2.51%) CEO Patrick Smith shares some similarities to Tesla (TSLA -1.51%) founder Elon Musk, including his compensation package and business acumen, which have paid off for Smith and the company so far. Language links are at the top of the page across from the title. 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 Summa Cum Laude in Computer Information Systems from American University and an M.S. Patrick has made over 13 trades of the Axon Enterprise Inc stock since 2017, according to the Form 4 filled with the SEC. Of this total $31,201 was received as a salary, $0 was received as In total, Patrick W Smith has made about 23 transactions over 2 years of their time at Axon Enterprise, Inc. Patrick W Smith owns about 2,985,660 units of Axon Enterprise, Inc common stock. SVP - Artificial Intelligence (AI), Imaging Systems and Connected Devices Software. TASER's CEO Rick Smith explained that the products were designed to "help provide revolutionary digital evidence collection, storage and retrieval for law enforcement". Prior to joining Axon in 2017, Andrea supported investor relations at Tesla and ran an executive coaching and consulting practice, Solve For X Coaching. 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. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. [16], Especially in the wake of the Michael Brown shooting, the company's body camera business saw significant growth. WebAs Chief Executive Officer at AXON ENTERPRISE, INC. , Patrick W. Smith made $33,115 in total compensation. Josh is a board member of the Phoenix Police Foundation and holds a B.S. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. AXON Officers can automatically map video evidence with real-time tagging of metadata. After graduating from Harvard, cum laude, in just 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. Last updated: 23 December 2020 at 5:15pm EST. WebBe the first to know when AXON insiders and whales buy or sell their stock. Patrick W Smith usually trades in November, with the busiest year in 2021. Obviously, Axon couldn't go out and acquire a very large business to artificially inflate the market cap. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. 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. April 30, 2015. Previously, Andrea was responsible for Axons investor relations and corporate strategy, including M&A, strategic partnerships and investments, and played a central role in Axons repositioning as a top-tier technology company with the investment community and influencing the narrative for how we communicate Axons growth story. Making the world smarter, happier, and richer. Patrick Smith | AFL-CIO The incident provoked discussion and inquiries into the appropriateness of Taser use in law enforcement in Canada. [48] This functionality is supported by Axon's Evidence.com evidence management system. Although primarily intended to work with Evidence.com, it can also be used in offline mode to directly access files, if the agency prefers. A new feature they added was GPS tagging. "Taser tied to 'independent' study that backs stun gun. Training TASER Self-Defense Isaiah holds a Bachelor of Arts and Juris Doctorate from Hofstra University. [11] In May 2001, they filed for an initial public offering and began trading on NASDAQ under the stock symbol TASR. Both awards are likely to be worth significantly more if all performance targets are met. 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. Benzinga does not provide investment advice. $583.34K . This can include executives in the c-suite and large hedge funds. Cryptocurrencies: Cryptocurrency quotes are updated in real-time. As Chief Product Officer, Jeff leads Axon's global product, software engineering and security teams, including artificial intelligence and design. The most active insiders traders include Patrick W Smith, Bret Steven Taylor, and Richard H Carmona. The share price shot up above $15 billion pre-market, came back down post-market. [5] The Taser Public Defender used gunpowder as its propellant, which led the Bureau of Alcohol, Tobacco and Firearms to classify it as a firearm in 1976,[6][7] a decision that limited sales. 2023 Benzinga.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. The stock was sold at an average price of $190.49, for a total value of $18,396,571.75. Axon Enterprise (AXON) Q4 2022 Earnings Call Transcript, Axon Enterprise (AXON) Q3 2022 Earnings Call Transcript. Mutual Funds & ETFs: All of the mutual fund and ETF information contained in this display, with the exception of the current price and price history, was supplied by Lipper, A Refinitiv Company, subject to the following: Copyright Refinitiv. Investors prefer focusing on transactions that take place in the open market, indicated in Table I of the Form 4 filing. It operates through the TASER segment and Software and Sensors segment. While in her stock analyst role, media outlets, including Bloomberg, CNBC and the Wall Street Journal, frequently interviewed Andrea as an expert on her stocks under coverage. But I wonder what happens to Smith's compensation package once Axon gets that $15 billion and stays there for a bit? Most recently he sold 98,000 units of Capture point-of-view video evidence in HD with a 120-degree field of view. Patrick Smith, if you're listening, I love what your company has done, I think it's so important, so don't take offense to this. Patrick Smith - CEO of AXON ENTERPRISE INC | AAXN AXON ENTERPRISE, INC. income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. WebAxon Enterprise, Inc. is an American Scottsdale, Arizona-based company which develops technology and weapons products for military, law enforcement, and civilians. From 2017 to 2019, Brittany served on the Sonos board of directors, where she chaired the compensation committee. Get Free AXON Updates AXON Shareholders What type of owners hold Axon Enterprise Inc stock? The largest trade he's ever made was exercising 300,000 units of [50] TASER International has lost two product liability lawsuits. Prior to joining the company in 2017, Jim served as the Global Controller of GE Healthcare Digital, a leading provider of software and technology to the healthcare industry, where he completed GEs Experienced Financial Leadership Program. Train with a licensed TASER instructor at a facility near you. This CEO Followed Elon Musk's Lead and Business Is He is also a Certified Information Systems Auditor (CISA). The Software and Sensors segment includes devices, wearables, applications, cloud, and mobile products. Cost basis and return based on previous market day close. WebPatrick Smith. . Prior to Axon, Jenner lead the security efforts for Lifelock and the Arizona Department of Education. Joshua Isner, CHIEF OPERATING OFFICER, He graduated from the Pasadena Art Center College of Design with a BS in Industrial Design. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov
The company operates in two segments: Taser and software & sensors. 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. [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. Smith argued that the company was "not just about weapons, but about providing transparency and solving related data problems. [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. 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 received an undergraduate degree from Mr. Smith AAXN stock SEC Form 4 insiders trading. [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. This report is not for commercial use. in Accounting and Computer Applications. Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. 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. Improve officer safety, provide tactical support, and reconstruct scenes. TASER International, Inc.) in September 1993 with his brother, Thomas P. Smith. patentsgazette.uspto.gov in Economics and M.P.A from Brigham Young University. Invest better with The Motley Fool. Jeff also served as VP of Amazon Kindles global reading experience, GM of Product and Design at Skype, GM of Windows Live Messenger at Microsoft, and spent eight years at cloud-based voice services pioneer Tellme Networks, where he served as VP of Product through their acquisition by Microsoft in 2007. Rick has dedicated his life to helping public safety serve the communities they are sworn to protect. $0 was awarded as stock
[11] With a $6.8 million deficit in 2001, TASER International took steps to improve sales by offering to pay police officers to train others on how to use their products; this marketing technique helped improve the company's market share, reaching $24.5 million in net sales by 2003, and nearly $68 million in 2004. Rick Smith, Axon Enterprise Inc: Profile and Biography 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%. All proxy statements are public filings made available to the general public by the SEC. 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. Rick holds a B.S. On April 14, 2023, in Axon Enterprise, Inc. v. Federal Trade Commission and the companion case Cochran v. Securities and Exchange Commission, the Supreme Court held that district courts have jurisdiction to hear structural challenges to the constitutionality of the FTC and the SEC while an agency enforcement action is pending Brittany is also a member of the board of directors at Aurora (Nasdaq: AUR). 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. Jenner has a B.A. [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". Reasons to Buy Axon Enterprise The information shown here is a reporting of information included in the company's proxy statement. 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. Its initial product and former namesake is the Taser, a line of electroshock weapons. They sold at prices ranging from $181.78 to $187.12 to raise a total of $26,022,486 from the stock sale. TASER lost its second product liability suit. Patrick Smith - Biography - MarketScreener.com 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. All of that is to say that he might stick around, he might not. (ORDER LIST: 598 U.S.) MONDAY, APRIL 24, In other Axon Enterprise news, CEO Patrick W. Smith sold 96,140 shares of the firms stock in a transaction on Wednesday, January 25th. I've always found this an interesting aspect of this company, and I'm curious to hear your thoughts on it, it's the founder CEO's compensation package. $62.13M on January 27, 2023. Arvind began his career as a mergers & acquisition analyst at Lazard Freres & Co. Arvind has a BA in Economics & Biology from the University of Chicago and earned his MBA from Columbia Business School. including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. Axon Enterprise, Inc. (NASDAQ:AXON Get Rating) CEO Patrick W. Smith sold 53,431 shares of the companys stock in a transaction on Thursday, March 30th. Obviously, I don't know the gentleman personally at all, but he is very passionate about seeing policing being very different by 2030. 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. 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. You may also find the annual proxy statement by going directly to the company's website. Brittany holds a B.A. [51], However, on June 6, 2008, the company lost its first product-liability suit.