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.". Ideal for small agencies. Emily Flippen has no position in any of the stocks mentioned. TASER Training Lesson Plan 2 Hour Part 2 (Annual The study found an 88% drop in complaints filed against officers and nearly a 60% reduction in officer use-of-force incidents. 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. Investors prefer focusing on transactions that take place in the open market, indicated in Table I of the Form 4 filing. This information is according to proxy statements filed for the 2021 fiscal year. ABA-U.S. Supreme Court Rules Federal Courts Have [53] 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. [48] This functionality is supported by Axon's Evidence.com evidence management system. [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. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. A new feature they added was GPS tagging. Axon Enterprise Investor | Axon Ir - Transforming Public Safety With Technology Thanks for joining our call and thank you for your interest in Axon. Axons business includes the manufacture of electrical weapons and wearable cameras (such as those used by police forces). As the Chief Executive Officer and Director of Axon Enterprise Inc, the total compensation of Patrick Smith at Axon Enterprise Inc is $38,529. I wouldn't be surprised to see some new form of compensation package that also is tied to reaching certain goals till 2030. Richard Coleman II is President of Axon Federal. They sold at prices ranging from $180.26 to $206.87 to raise a total of $61,455,127 from the stock sale. 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. He is responsible for managing customer and partner relationships for Axon. 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. He holds a B.A. [16] The company piloted Axon Pro in various small cities and towns. Patrick Smith - Biography - MarketScreener.com $277.01M on November 17, 2021. The largest trade he's ever made was exercising 300,000 units of Language links are at the top of the page across from the title. Axon Enterprise, Inc's most recent insider trade came on April 4, 2023 by Its market cap as of Dec. 15, 2018 was $2.6 billion. Prior to Axon, Jenner lead the security efforts for Lifelock and the Arizona Department of Education. Data are provided 'as is' for informational purposes only and are not intended for trading purposes. Mr. Smith has served as Chief Executive Officer (CEO) and as a director of the Company since 1993. Following the completion of the transaction, the chief executive officer now directly owns 2,985,660 [] Morgan said you can't get someone who's willing to break all the rules to accelerate our transition to sustainable energy because someone who's trying to actually do that has to be a little bit crazy because you don't get there by following all the rules. [46][47] Agencies are able to send links to any user, allowing them to upload evidence remotely. "Ex-Albuquerque Police Chief Accused of Violating Ethics Laws in Auditors Report" "The Wall Street Journal". Thorough reviews have been conducted to assure this data accurately reflects disclosures. After completing graduate school in the summer of 1993, he co-founded Axon Enterprise, Inc. (F.K.A. and $1,914 came from other types of compensation. *Stock Advisor returns as of November 10, 2021. On average, Patrick trades about 53,871 units every 67 days since 2017. Patrick Smith is 49, he's been the Chief Executive Officer and Director of Axon Enterprise Inc since 1993. In other Axon Enterprise news, CEO Patrick W. Smith sold 2,600 shares of the firm's stock in a transaction that occurred on Monday, April 3rd. Following the completion of the sale, the chief executive officer now directly owns 2,748,153 shares in the company, valued at As a Senior Vice President and Head of TASER, Pat is responsible for overseeing all aspects of strategy and operations for TASER. a network interface, wherein the auditable camera is configured to perform actions for processing recorded data for storage, the actions comprising: 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. He also leads Axons AI Ethics Board. The company was founded by Patrick W. Smith and Thomas P. Smith on September 7, 1993 and is headquartered in Scottsdale, AZ. [12] The camera consists of three components, a head-mounted camera, a controller, and a monitor to review video recordings.[31]. [28][29][30], Taser's original body-worn camera, the Axon Pro, was introduced in 2009. [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. Axon Enterprise, Inc. is an American Scottsdale, Arizona-based company which develops technology and weapons products for military, law enforcement, and civilians. Sources: FactSet, Dow Jones, Stock Movers: Gainers, decliners and most actives market activity tables are a combination of NYSE, Nasdaq, NYSE American and NYSE Arca listings. Of this total $31,201 was received as a salary, $0 was received as and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). WebThis documentary-style series follows investigative journalists as they uncover the truth. 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. Axon Enterprise Inc. AXON (U.S.: Nasdaq) - The Wall The incident provoked discussion and inquiries into the appropriateness of Taser use in law enforcement in Canada. Patrick has made over 13 trades of the Axon Enterprise Inc stock since 2017, according to the Form 4 filled with the SEC. Copyright FactSet Research Systems Inc. All rights reserved. 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. WebPatrick W. Smith - Axon Enterprise, Inc. - Co-Founder, CEO and Director Thank you, Andrea and good afternoon, everyone. Rick holds a B.S. These insiders are required to let the public know of their transactions via a Form 4 filing, which must be filed within two business days of the transaction. [52] The damages were reduced in the Court of Appeals in 2011. The Motley Fool owns and recommends Axon Enterprise and Tesla. Brian Stoffel: When I think about this, here's what I think about. Axon Enterprise [58][59][60], In January 2016, TASER International was sued by Digital Ally for infringing its two U.S. patents on the automatic activation of law enforcement body cameras. But he really does believe in this mission of eradicating the bullet. Coronavirus Tips Working and Protection. First Responders and emergency medical professionals. Last updated: 23 December 2020 at 5:15pm EST. Chief Executive Officer at AXON ENTERPRISE, INC. as reported in their proxy statements. They then sold their shares on succeeding transactions in the open market. He also led multidisciplinary teams building computer vision systems and computational imaging algorithms for Amazon Go, the worlds first Just Walk Out store and technology platform. In fact, Axon's Board of Directors when they announced the way that this was going to be done, said explicitly, we are modeling this after Elon Musk's package. 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. 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. He earned his Ph.D. from the Rutgers School of Criminal Justice. "Taser tied to 'independent' study that backs stun gun. The stock was sold at an average price of $190.49, for a total value of $18,396,571.75. Hans joined Axon in early 2019 as the VP of Hardware Engineering and Research & Development. [14][15], In 2008, the company unveiled its first body camera, the Axon Pro. Its initial product and former namesake is the Taser, a line of electroshock weapons. Capture point-of-view video evidence in HD with a 120-degree field of view. Yasser received his BS in Microelectronics and Telecommunication Systems from Ain Shams University and an MBA from the University of Washington. 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. Jim leads Axons global accounting and controllership organization. [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.