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EdgarHawk

Maizel Ari

Chief Commercial Officer

Officer

Latest: Chief Commercial Officer selling · April 2026

2 filings analyzed · 1 company · Latest 2026-04-23

Companies

Company Buys Sells Direction
Axsome Therapeutics, Inc. AXSM 0 4 Net selling

Activity

April 2026
high
Sell
7,500 shares
$1,368,150
Significance 7/10

CCO Maizel Ari sold all 7,500 AXSM shares for $1.4M at $182.42, exiting full position near 52-week peak

Maizel Ari, Chief Commercial Officer, liquidated his entire 7,500-share stake in Axsome Therapeutics for $1,368,150.00 on 2026-04-22 at $182.42 per share. The sale occurred near the 52-week high of $189.10, with the stock currently trading at $182.72, down 3.4% from that peak. His cross-ticker track record shows 1 prior sell with a 100.00% well-timed rate at the 90-day mark, and his single prior trade at AXSM (a sell on 2026-01-21) also registered negative 90-day returns of -0.8%. A complete exit by a C-level executive during strong recent price momentum (the stock is up 15.1% over 30 days) merits investor attention, particularly given Axsome's unprofitable financial position (net income of $-47,229,000.00 on $170,992,000.00 quarterly revenue) despite robust 65.6% annual revenue growth. The timing and totality of this position liquidation warrant closer examination of management's forward outlook on the company's profitability trajectory.

January 2026
high
Sell
7,500 shares
$1,383,300
Significance 7/10

CCO Maizel Ari sells entire 7.5K share position ($1.4M) of AXSM at $184.44; exits stake as stock rallies 43.5% in 90 days.

Maizel Ari, Chief Commercial Officer of Axsome Therapeutics, liquidated his entire 7,500 share holding for $1,383,300.00 on 2026-01-21 at $184.44 per share, reducing his position from 7,500 shares to 0 shares. The transaction occurred as AXSM stock has appreciated significantly—climbing 43.5% over the past 90 days and 21.0% over 30 days—leaving the sale price just 1.7% below the 52-week high of $189.10. The timing is notable given that the company remains unprofitable (net income of $-47,229,000.00 in its most recent full fiscal year) despite strong revenue growth of 42.5% year-over-year and a $9.4B market capitalization. A complete exit by a C-suite executive during a steep uptrend, particularly in an unprofitable firm, warrants investor attention to assess whether this reflects changes in company outlook, personal portfolio decisions, or other considerations affecting near-term prospects.

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