Carl Douglas Anderson II - 28 Feb 2025 Form 4 Insider Report for Axalta Coating Systems Ltd. (AXTA)

Signature
/s/ Mark Sherman, attorney-in-fact
Issuer symbol
AXTA
Transactions as of
28 Feb 2025
Transactions value $
-$103,886
Form type
4
Filing time
04 Mar 2025, 18:05:25 UTC
Previous filing
16 Aug 2024
Next filing
06 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AXTA Common Shares Options Exercise +7.18K +61.95% 18.8K 28 Feb 2025 Direct F1
transaction AXTA Common Shares Tax liability -$104K -2.87K -15.28% $36.21 15.9K 28 Feb 2025 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AXTA Restricted Stock Units Options Exercise $0 -7.18K -33.33% $0.00 14.4K 28 Feb 2025 Common Shares 7.18K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common shares on a one-for-one basis.
F2 Shares withheld to satisfy the tax withholding obligation applicable to the vesting of a portion of a restricted stock unit award.
F3 On February 28, 2024, the reporting person was granted 21,553 restricted stock units, vesting in three equal annual installments beginning on February 28, 2025.