WebAxon Enterprise, Inc. is an American Scottsdale, Arizona-based company which develops technology and weapons products for military, law enforcement, and civilians. Vendor Cap Increase - AXON and Superion. 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 most recent transaction was a sale order of 2,600 units , worth Axon Enterprise, Inc. is an American Scottsdale, Arizona-based company which develops technology and weapons products for military, law enforcement, and civilians. Patrick W. Smith serves as Chief Executive Officer, Director of the Company. 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 [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. Super Option Performance Targets This can include executives in the c-suite and large hedge funds. 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. Brittany holds a B.A. At KKR, she also served on numerous boards. As the Chief Executive Officer and Director of Axon Enterprise Inc, the total compensation of Patrick Smith at Axon Enterprise Inc is $38,529. Brian Stoffel: When I think about this, here's what I think about. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. Patrick W Smith Net Worth (2023) Axon Enterprise, Inc 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%. In Q3 we executed against our long term plan of creating the end-to-end technology platform for policing and public safety. Patrick W Smith's largest sale order was 326,399 units , worth over [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. TASER devices to match your self-defense needs. "PAY RATIO OF CHIEF EXECUTIVE OFFICER COMPENSATION TO MEDIAN EMPLOYEE COMPENSATION", "The Company Formerly Known As Taser Goes All In On Police Body Cameras", "Jurisdiction over the Taser Public Defender (#236)", "Jack Cover dies at 88; scientist invented the Taser stun gun", "Jack Cover, 88, Physicist Who Invented the Taser Stun Gun, Dies", "Police History: How a NASA scientist invented the TASER", "One Company Supplies Tasers to Virtually Every Police Department in the U.S.", "Taser International Dominates the Police Body Camera Market", "Why Taser's only rival gave up electroshock for lemonade", "Police buying Taser Cams for stun gun accountability", "Conn. ACLU Wants Police To Use Taser Cameras", "How Police Body Cameras Were Designed to Get Cops Off the Hook", "Taser opening Seattle software development office - Phoenix Business Journal", "Press Releases - TASER International Inc", "TASER International to split brands, announces Axon division", "Photos: Inside the spaceship-themed Seattle office of police body camera-maker Axon", "Taser is being renamed and offering US police a free trial of body cameras", "Axon reports record sales, software and sensors bookings and how much it paid for VieVu", "Taser Axon, An On-Officer Head Camera, Wants To Make Everyone A Little More Liable", "Wearable Video Cameras, for Police Officers", "TASER Introduces Breakthrough AXON Flex Video System", "Axon Flex 2 HD Camera Brings Breakthrough Flexibility & Durability to Point-of-View Cams", "TASER announces new solution for managing interview room videos in the cloud", "TASER's Axon Fleet brings affordable in-car video solution to police", "Taser Thinks a Camera on Every Cop Makes Everyone Safer", "Taser unveils new wearable police cameras, starting with BART", "New holster forces all nearby body cams to start recording when gun is pulled", "Announcing Axon Citizen, A New Public Evidence Submission Portal For U.S. Law Enforcement", "Axon responds to COVID-19 emergency by offering Axon Citizen to public safety agencies worldwide", "Will Axon Citizen take the chaos out of crowdsourcing? 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. He also leads Axons AI Ethics Board. WebPatrick Smith Axon Enterprise, Inc. (AXON) Scottsdale, AZ Total Compensation for Fiscal Year Ending in 2021: $33,115 In 2021, Patrick Smith made 0 times the average U.S. 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. 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. All rights reserved. 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. Here he supervises hardware, program, research & development, industrial design, and new product introduction as they relate to all hard goods and broad support packed related firmware. [16] The company piloted Axon Pro in various small cities and towns. Patrick W. Smith - Salary.com Patrick Brian Stoffel owns Axon Enterprise and Tesla. Obviously, Axon couldn't go out and acquire a very large business to artificially inflate the market cap. You can see the complete history of Mr. Smith stock trades at the bottom of the page. Patrick has made over 13 trades of the Axon Enterprise Inc stock since 2017, according to the Form 4 filled with the SEC. 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. $0 was awarded as stock 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. Prior to Seattle, Mike served as the Director of Law Enforcement Operations and Support at the International Association of Chiefs of Police. Patrick W Smith usually trades in November, with the busiest year in 2021. Obviously, I don't know the gentleman personally at all, but he is very passionate about seeing policing being very different by 2030. Source: FactSet. Arvind leads various areas within finance at Axon including financial planning & analysis (FP&A), commercial finance, product finance, and treasury. [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". 17800 North 85th Street Scottsdale Arizona 85255 United States. Supreme Court Permits Constitutional Challenges To Copyright FactSet Research Systems Inc. All rights reserved. After graduating from Harvard, cum laude, in just Cost basis and return based on previous market day close. (ORDER LIST: 598 U.S.) MONDAY, APRIL 24, [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. A provincial inquiry found the use to be unjustified, and in 2013, the British Columbia Coroners Service ruled the death to be a homicideciting a heart attack caused by the repeated jolts as cause of death. To make the world smarter, happier, and richer. [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. WebCompany Description: Axon Enterprise, formerly known as TASER International, is well known for designing and manufacturing various non-lethal TASER lines of stun guns. It is also used to upload logs from Taser weapons to Evidence.com. Mr. Smith AAXN stock SEC Form 4 insiders trading. In addition, he makes $38,529 as Chief Executive Officer and Director at Axon Enterprise Inc. Patrick has made over 13 trades of the Axon Enterprise Inc stock since 2017, according to the Form 4 filled with the SEC. 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. Josh was tapped to be Axons COO in June 2022. 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. So it's a diluted version. 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. The Motley Fool has a disclosure policy. . The stock was sold at an average price of $190.49, for a total value of $18,396,571.75. From 2017 to 2019, Brittany served on the Sonos board of directors, where she chaired the compensation committee. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. in Accounting and Computer Applications. They sold at prices ranging from $180.26 to $206.87 to raise a total of $61,455,127 from the stock sale. 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. Axon Enterprise shares are trading up 0.0% at $182.64 at the time of this writing on Monday morning. In legal terms, an "insider" refers to any shareholder who owns at least 10% of a company. WebSmith has served as Chief Executive Officer and as a director of the Company since 1993. a network interface, wherein the auditable camera is configured to perform actions for processing recorded data for storage, the actions comprising: This number includes a small number of police officer training injury lawsuits that were settled and dismissed in cases where the settlement economics to TASER International were significantly less than the cost of litigation. Prior to joining Axon, Elizabeth was the CAO for Trax Group, a Saas based start up, and spent 5 years at Bloomberg LP. Axon Enterprise, Inc's most recent insider trade came on April 4, 2023 by Patrick W Smith who sold 2,600 units worth $583.34K . 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. Isaiah holds a Bachelor of Arts and Juris Doctorate from Hofstra University. 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. SVP - Artificial Intelligence (AI), Imaging Systems and Connected Devices Software. [52] The damages were reduced in the Court of Appeals in 2011. [57], In 2015, it was discovered that several TASER International employees, without mentioning their employment status, had review bombed listings on Amazon.com and iTunes Store for Killing Them Safely, a documentary film by Nick Berardini which documented and investigated major incidents that resulted from taser usage. Axon Enterprise Of this total $31,201 was received as a salary, $0 was received as Chief Product Officer and Chief Technology Officer. Mr. Smith owns over 98,000 units of Axon Enterprise Inc stock worth over $64,284,827 and over the last 6 years he sold AAXN stock worth over $46,674,609. [46][47] Agencies are able to send links to any user, allowing them to upload evidence remotely. Patrick Smith - Biography - MarketScreener.com Following the completion of the sale, the chief executive officer now directly owns 2,748,153 shares in the company, valued at WebFounder of Axon Enterprise, Inc., Patrick W. Smith currently is Chief Executive Officer & Director at this company. [51], However, on June 6, 2008, the company lost its first product-liability suit. Previously, Fields served as an Assistant Attorney General at the Arizona Attorney Generals Office, representing the state in complex civil litigation. [53] [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. Language links are at the top of the page across from the title. Source: Kantar Media. This CEO Followed Elon Musk's Lead and Business Is 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. WebPatrick W. Smith - Axon Enterprise, Inc. - Co-Founder, CEO and Director Thank you, Andrea and good afternoon, everyone. This report is not for commercial use. This evidence can be crucial for officers and prosecutors. Capture point-of-view video evidence in HD with a 120-degree field of view. But he really does believe in this mission of eradicating the bullet. Originally known as TASER International, Axons mission is to protect life which includes making bullets obsolete. Axon Enterprise Inc. AXON (U.S.: Nasdaq) - The Wall 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. Patrick Smith - CEO of AXON ENTERPRISE INC | AAXN One of these cases is that on Feb. 15, 2006, one officer Officer accidentally discharged TASER device on his daughter. Also streaming on your TV: Markets Markets Deals Odd Lots The FIX | Fixed Income ETFs But in our notes we wrote, he can be a bit of a nut. Although primarily intended to work with Evidence.com, it can also be used in offline mode to directly access files, if the agency prefers. 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. She holds a B.S. patentsgazette.uspto.gov [11] In May 2001, they filed for an initial public offering and began trading on NASDAQ under the stock symbol TASR. 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. When a company insider makes a new purchase, that is an indication that they expect the stock to rise. 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. Another Look at Super Options Mike Wagers is the Senior Vice President for Strategic Initiatives. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Officers can automatically map video evidence with real-time tagging of metadata. First Responders and emergency medical professionals. Patrick W. Smith made $33,115 in total compensation. WebFounder of Axon Enterprise, Inc., Patrick W. Smith currently is Chief Executive Officer & Director at this company. In the last 7 years, insiders at Axon Enterprise, Inc have sold an estimated value of $563.16M 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. Patrick Smith Net Worth (2023) | wallmine 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. 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.". Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. The share price shot up above $15 billion pre-market, came back down post-market. and bought an estimated value of $1.37B worth of shares. and $1,914 came from other types of compensation. (ORDER LIST: 598 U.S.) MONDAY, APRIL 24, Now there were a lot of rules put in place. He graduated from the Pasadena Art Center College of Design with a BS in Industrial Design. [55][56], In 2008, CBC News found that TASER X26 models manufactured before 2005 had a faulty fail-safe system. 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. We cant find the page you're looking for. Built for close-range encounters. 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. 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. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. and Jawad A Ahsan, CHIEF FINANCIAL OFFICER The incident provoked discussion and inquiries into the appropriateness of Taser use in law enforcement in Canada. Founder of Axon Enterprise, Inc., Patrick W. Smith currently is Chief Executive Officer & Director at this company. WebMr. Mike also oversees the US State and Local Government Affairs team and its Ambassador program. WebP. in Information & Decision Systems from Carnegie Mellon University, and was recognized with the distinguished Alumni Achievement Award in 2014. 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. Axon Enterprise

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