Chris Villavarayan - 28 Feb 2025 Form 4 Insider Report for Axalta Coating Systems Ltd. (AXTA)

Role
CEO & President, Director
Signature
/s/ Mark Sherman, attorney-in-fact
Issuer symbol
AXTA
Transactions as of
28 Feb 2025
Net transactions value
-$828,340
Form type
4
Filing time
04 Mar 2025, 18:09:29 UTC
Previous filing
04 Jun 2024
Next filing
06 Mar 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AXTA Common Shares Options Exercise +25,280 +31% 107,998 28 Feb 2025 Direct F1
transaction AXTA Common Shares Tax liability $418,660 -11,562 -11% $36.21 96,436 28 Feb 2025 Direct F2
transaction AXTA Common Shares Options Exercise +24,631 +26% 121,067 28 Feb 2025 Direct F1
transaction AXTA Common Shares Tax liability $409,680 -11,314 -9.3% $36.21 109,753 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 -25,280 -50% $0.000000 25,280 28 Feb 2025 Common Shares 25,280 Direct F1, F3
transaction AXTA Restricted Stock Units Options Exercise $0 -24,631 -33% $0.000000 49,262 28 Feb 2025 Common Shares 24,631 Direct F1, F4
* 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, 2023, the reporting person was granted 75,839 restricted stock units, vesting in three equal annual installments beginning on February 28, 2024.
F4 On February 28, 2024, the reporting person was granted 73,893 restricted stock units, vesting in three equal annual installments beginning on February 28, 2025.