At one point, Dan L. Dearen had substantial holdings in Axonics, Inc.'s common stock, which demonstrated his monetary commitment to the company. In 2021, he realized impressive returns when he acquired 76,265 shares through stock options, netting over $3.6 million....
At one point, Dan L. Dearen had substantial holdings in Axonics, Inc.'s common stock, which demonstrated his monetary commitment to the company. In 2021, he realized impressive returns when he acquired 76,265 shares through stock options, netting over $3.6 million. However, by 2023, his total stock holdings and options had shifted as he prepared for retirement, indicating strategic decision-making aligned with his career phase. His highest equity value realized in a single year was approximately $4.6 million in 2022 from vesting stock units. This illustrates a successful journey of increasing his wealth through company growth while ensuring that the company flourished during his leadership. The success of his investment decisions shows a deep understanding of the company's direction and growth potential as he effectively turned incentives into tangible rewards for both himself and the firm.