"Taser tied to 'independent' study that backs stun gun. The chart on this page features a breakdown of the total annual pay for Patrick W. Smith, Insider transactions shouldn't be used primarily to make an investing decision, however, they can be an important factor for an investor to consider. 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. Jim leads Axons global accounting and controllership organization. They then sold their shares on succeeding transactions in the open market. WebFounder of Axon Enterprise, Inc., Patrick W. Smith currently is Chief Executive Officer & Director at this company. Ideal for small agencies. In addition, Yasser works closely with Axons independent AI Ethics Board to ensure our technologies are built and deployed with an ethical design framework. Prisons, Probation and Parole, and juvenile justice. Generali's No.3 investor Caltagirone withholds backing for 2022 accounts -sources, Musk says Tesla likely to launch full self-drive technology 'this year', Exclusive: JPMorgan employees gripe about Dimon's return-to-office edict, SpaceX rocket explosion illustrates Elon Musk's 'successful failure' formula, Cucinelli posts 33% rise in Q1 sales, confirms 2023 revenue growth forecast, Exclusive-Peter Thiel, Republican megadonor, won't fund candidates in 2024 - sources, Virginia Governor Youngkin 'humbled' by talk of possible presidential run, European Midday Briefing: Mood Brighter After -2-, Tim Cook unveils new Apple store in India, Morgan Stanley's dealmaking CEO Gorman signals more transactions to come. Most recently he sold 98,000 units of AAXN stock worth $12,740,000 on 22 December 2020.. Smith argued that the company was "not just about weapons, but about providing transparency and solving related data problems. Mike Wagers is the Senior Vice President for Strategic Initiatives. [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. He has been Director at Axon En Show more CEO Compensation Analysis Leadership Team Show more 1.8yrs Average Tenure 41yo Average Age Board Members Show more 12.8yrs TASER International considered the suit to be "frivolous and egregious". 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. [14][15], In 2008, the company unveiled its first body camera, the Axon Pro. 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. 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. 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. 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. Train with a licensed TASER instructor at a facility near you. The TASER segment sells conducted electrical weapons, accessories, and other related products and services. [20][21], On April 5, 2017, TASER announced that it had rebranded as Axon to reflect its expanded business. Frosch, Dan. [3], In May 2018, Axon acquired competitor VieVu for $4.6 million in cash and $2.5 million in common stock.[23]. Coronavirus Tips Working and Protection. ", Johnson, Kevin. Improve officer safety, provide tactical support, and reconstruct scenes. As a Senior Vice President and Head of TASER, Pat is responsible for overseeing all aspects of strategy and operations for TASER. 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. WebPatrick W. Smith - Axon Enterprise, Inc. - Co-Founder, CEO and Director Thank you, Andrea and good afternoon, everyone. [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. [48] This functionality is supported by Axon's Evidence.com evidence management system. Elizabeth joined Axon in 2019 and is responsible for leading the company's global people organization. [16] The company piloted Axon Pro in various small cities and towns. I'm reminded of something that Morgan Housel said. Yasser is responsible for leading Artificial Intelligence (AI), Imaging Systems and Connected Devices Software at Axon. 10 cartridges featuring individually targeted probes. 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. 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. 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. "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? But, you also are going to get the downside of crazy by getting someone who focuses like that. WebWinters Police Department, TASER Lesson Plan 1 Winters Police Department 702 Main Street Winters, CA 95694 (530)795-2261 TASER Training Lesson Plan The Motley Fool owns and recommends Axon Enterprise and Tesla. These conducted energy devices (CEDs) are geared at the law enforcement, corrections, military, and private security markets, as well as consumers. in Journalism from Northwestern University (Kappa Tau Alpha). Brittany is also a member of the board of directors at Aurora (Nasdaq: AUR). Patrick E. Smith, Esq. WebCompany Description: Axon Enterprise, formerly known as TASER International, is well known for designing and manufacturing various non-lethal TASER lines of stun guns. $0 was awarded as stock Axon Enterprise, Inc. is an American Scottsdale, Arizona-based company which develops technology and weapons products for military, law enforcement, and civilians. The share price shot up above $15 billion pre-market, came back down post-market. Thanks for joining our call and thank you for your interest in Axon. and bought an estimated value of $1.37B worth of shares. Invest better with The Motley Fool. $62.13M on January 27, 2023. He is also a Certified Information Systems Auditor (CISA). Also streaming on your TV: Markets Markets Deals Odd Lots The FIX | Fixed Income ETFs in Accounting and Computer Applications. Any copying, republication or redistribution of Lipper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper. In other Axon Enterprise news, CEO Patrick W. Smith sold 96,575 shares of the stock in a transaction dated Friday, January 27th. [53] Jenner has a B.A. The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, [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. There are three law enforcement/military models currently available: Taser currently has three self-defense weapons for sale. . TASER lost its second product liability suit. WebThis documentary-style series follows investigative journalists as they uncover the truth. Source: FactSet, Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. In this segment of "Industry Focus" on Motley Fool Live, recorded on Dec. 1, Fool contributors Emily Flippen and Brian Stoffel discuss Smith and his role going forward with Axon. Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. Josh is a board member of the Phoenix Police Foundation and holds a B.S. 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. Earlier in November, we saw Axon have a pretty stellar quarter. TASER's CEO Rick Smith explained that the products were designed to "help provide revolutionary digital evidence collection, storage and retrieval for law enforcement". He received an undergraduate degree from Harvard University, Now the whole reason I bring that up is to say that I believe that Smith has some of that too. [17], TASER opened an office in Seattle in 2013,[18] and an international office in Amsterdam, Netherlands in May 2014. AXON | Complete Axon Enterprise Inc. stock news by MarketWatch. Prior to Seattle, Mike served as the Director of Law Enforcement Operations and Support at the International Association of Chiefs of Police. The stock was sold at an average price of $224.36, for a total transaction of $583,336.00. 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. She currently sits on the board of Girls In Tech Phx. After completing graduate school in the summer of 1993, he co-founded Axon Enterprise, Inc. (F.K.A. 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. including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. Mr. Smith has served as Chief Executive Officer (CEO) and as a director of the Company since 1993. *Stock Advisor returns as of November 10, 2021. In addition to body-worn cameras, Axon also offers interview room and in-car video systems, known as Axon Interview and Axon Fleet respectively. Additionally, he was named 2021 General Counsel of the Year for medium-sized public companies by Arizonas Corporate Council Awards. Two cartridge types for Close Quarters and Stand-off situations, with dual laser including range adjusting lower laser. Of this total $31,201 was received as a salary, $0 was received as Investors prefer focusing on transactions that take place in the open market, indicated in Table I of the Form 4 filing. By October 2010, at least 45,000 TASER Cams had been sold. It operates through the TASER segment and Software and Sensors segment. They sold at prices ranging from $181.78 to $187.12 to raise a total of $26,022,486 from the stock sale. Brian Stoffel: When I think about this, here's what I think about. Built for close-range encounters. 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. There are 10 executives at Axon Enterprise Inc getting paid more, with JoshuaIsner having the highest compensation of $22,389,900. He is also a W.P. 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. Rick Smith explained that the branch was inspired by Microsoft's use of the Xbox brand to branch into entertainment businesses, stating that "Axon was the name that we used for selling cameras historically, but we realized that brand had the room to grow and encompass all of our connected technologies." in Government + Political Science from Harvard University. The Axon Flex and Body only record video in standard definition (SD). 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. He received an undergraduate degree from Harvard University, 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. [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. [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. Despite the controversies that have centered around the products (including deaths attributed to taser usage), the company maintained its dominant market position. Insider sells, on the other hand, can be made for a variety of reasons, and may not necessarily mean that the seller thinks the stock will go down. Rick has dedicated his life to helping public safety serve the communities they are sworn to protect. over $583.34K on April 4, 2023. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov Prior to joining Axon in 2017, Andrea supported investor relations at Tesla and ran an executive coaching and consulting practice, Solve For X Coaching. This evidence can be crucial for officers and prosecutors. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Streamline management, storage and sharing of all your digital evidence. WebPatrick Smith. [54], In 2007, Polish immigrant Robert Dziekaski died in custody at the Vancouver International Airport after Royal Canadian Mounted Police (RCMP) officers used a Taser on him multiple times. You can see the complete history of Mr. Smith stock trades at the bottom of the page. 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. "Taser contributes to police families.". Axon Enterprise shares are trading up 0.0% at $182.64 at the time of this writing on Monday morning. 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. - ATTORNEY AT LAW. Jeff received his B.S. Following the completion of the sale, the chief executive officer now directly owns 2,748,153 shares in the company, valued at WebSmith has served as Chief Executive Officer and as a director of the Company since 1993. California State Bar Number 257400. TASER International, Inc.) in September 1993 with his brother, Thomas P. Smith. The company has since diversified into technology products for military and law enforcement, including a line of body cameras and Evidence.com, a cloud-based digital evidence platform. He is also co-founder of the Company. and Jawad A Ahsan, CHIEF FINANCIAL OFFICER [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. Patrick W Smith, Chief Executive Officer at Axon Enterprise (NASDAQ:AXON), made a large buy and sell of company shares on November 5, International stock quotes are delayed as per exchange requirements. "Ex-Albuquerque Police Chief Accused of Violating Ethics Laws in Auditors Report" "The Wall Street Journal". Municipal, county, and state law enforcement agencies. It is headquartered in Scottsdale, Ariz. Its revenue for 2017 was $344 million. As Chief Communications Officer, Andrea is responsible for global corporate communications, including investor, media and public relations. Brittany Bagley is a seasoned business and finance leader with experience both as an operator and as a board member. Prior to joining Axon, Elizabeth was the CAO for Trax Group, a Saas based start up, and spent 5 years at Bloomberg LP. 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. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.*. Virtual learning platform for end-user product training, Innovative training technologies, content and peer networks.