Key facts
- This page summarizes Rakesh Sachdev's Form 4 filing for Axalta Coating Systems Ltd. (AXTA).
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 17 Jan 2023, 17:00.
Rakesh Sachdev - 12 Jan 2023 Form 4 Insider Report for Axalta Coating Systems Ltd. (AXTA)
- Reporting relationship
- Director
- Issuer ticker
- AXTA
- Reported as of
- 12 Jan 2023
- Net transaction value
- -$1,227,789
- SEC form
- 4
- Accepted by SEC
- 17 Jan 2023, 17:00:13 UTC
- Prior SEC filing
- 02 Sep 2022
- Next SEC filing
- 07 Feb 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Alex Tablin-Wolf, attorney-in-fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Rakesh Sachdev filed Form 4 for Axalta Coating Systems Ltd. (AXTA) on 17 Jan 2023.
Change
- Previous filing in this sequence was filed on 02 Sep 2022.
- Current net transaction value: -$1,227,789.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
AXTA
transaction
Common Shares
Options Exercise
- Transaction value
- Shares
- +155,337
- Change %
- +1505%
- Price
- Shares after
- 165,657
- Date
- 12 Jan 2023
- Ownership
- Direct
- Footnotes
- F1
AXTA
transaction
Common Shares
Tax liability
- Transaction value
- $1,227,789
- Shares
- -44,469
- Change %
- -27%
- Price
- $27.61
- Shares after
- 121,188
- Date
- 12 Jan 2023
- Ownership
- Direct
- Footnotes
- F2
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
AXTA
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -155,337
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 12 Jan 2023
- Ownership
- Direct
- Underlying class
- Common Shares
- Underlying amount
- 155,337
- Exercise price
- Footnotes
- F1, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 3 footnotes
Footnote F1
Restricted stock units convert into common shares on a one-for-one basis.
Footnote F2
Represents shares withheld to satisfy a portion of the tax withholding obligation applicable to the vesting of a restricted stock unit award. The reporting person paid $600,000 in cash in satisfaction of the remaining tax withholding obligation.
Footnote F3
On August 31, 2022, the reporting person was granted 233,009 restricted stock units.