A substantial insider activity was disclosed on October 15, as TOGHRAIE, Chairman at AXIL Brands (AMEX:AXIL), reported the exercise of a large sell of company stock options. What Happened: A notable Form 4 filing on Tuesday with the U.S. Securities and Exchange Commission revealed that TOGHRAIE, Chairman at AXIL Brands, exercised stock options for 0 shares of AXIL, resulting in a transaction value of $0. The Wednesday morning update indicates AXIL Brands shares up by 0.52%, currently priced at $3.87. At this value, TOGHRAIE’s 0 shares are worth $0. Unveiling the Story Behind AXIL BrandsAXIL Br…