Chris Villavarayan - 03 Mar 2026 Form 4 Insider Report for Axalta Coating Systems Ltd. (AXTA)

Reporting relationship: CEO & President, Director
Issuer ticker: AXTA
Reported as of: 03 Mar 2026
Net transaction value: $0
SEC form: 4
Accepted by SEC: 05 Mar 2026, 18:10:17 UTC
Prior SEC filing: 03 Mar 2026
Next SEC filing: 12 May 2026
Source filing: View source filing
Reporting owner signature: /s/ Mark Sherman, attorney-in-fact

Key filing fact

Chris Villavarayan filed Form 4 for Axalta Coating Systems Ltd. (AXTA) on 05 Mar 2026.

Key facts

This page summarizes Chris Villavarayan's Form 4 filing for Axalta Coating Systems Ltd. (AXTA).
10 reported transactions and 4 derivative rows are listed below.
Accepted by SEC: 05 Mar 2026, 18:10.

Change

Previous filing in this sequence was filed on 03 Mar 2026.
Current net transaction value: $0.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001641733 Primary reporting owner

Villavarayan Chris

Relationship: CEO & President, Director
Address: 1050 CONSTITUTION AVENUE, PHILADELPHIA
Signature: /s/ Mark Sherman, attorney-in-fact
Signature date: 05 Mar 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

AXTA transaction

Common Shares

Options Exercise

Transaction value
Shares: +50,663
Change %: +37%
Price
Shares after: 187,407
Date: 03 Mar 2026
Ownership: Direct
Footnotes: F1

AXTA transaction

Common Shares

Tax liability

Transaction value
Shares: -23,265
Change %: -12%
Price: $31.68^*
Shares after: 164,142
Date: 03 Mar 2026
Ownership: Direct
Footnotes: F2

AXTA transaction

Common Shares

Options Exercise

Transaction value
Shares: +96,354
Change %: +59%
Price
Shares after: 260,496
Date: 03 Mar 2026
Ownership: Direct
Footnotes: F1

AXTA transaction

Common Shares

Tax liability

Transaction value
Shares: -44,246
Change %: -17%
Price: $31.68^*
Shares after: 216,250
Date: 03 Mar 2026
Ownership: Direct
Footnotes: F2

AXTA transaction

Common Shares

Options Exercise

Transaction value
Shares: +26,246
Change %: +12%
Price
Shares after: 242,496
Date: 04 Mar 2026
Ownership: Direct
Footnotes: F3

AXTA transaction

Common Shares

Tax liability

Transaction value
Shares: -12,053
Change %: -5%
Price: $31.40^*
Shares after: 230,443
Date: 04 Mar 2026
Ownership: Direct
Footnotes: F4

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

AXTA transaction Derivative

Restricted Stock Units

Award

Transaction value
Shares: +220,959
Change %
Price: $0.000000^*
Shares after: 220,959
Date: 03 Mar 2026
Ownership: Direct
Underlying class: Common Shares
Underlying amount: 220,959
Exercise price
Footnotes: F5, F6

AXTA transaction Derivative

Performance Share Units

Options Exercise

Transaction value
Shares: -50,663
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 03 Mar 2026
Ownership: Direct
Underlying class: Common Shares
Underlying amount: 50,663
Exercise price
Footnotes: F1, F7

AXTA transaction Derivative

Performance Share Units

Options Exercise

Transaction value
Shares: -96,354
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 03 Mar 2026
Ownership: Direct
Underlying class: Common Shares
Underlying amount: 96,354
Exercise price
Footnotes: F1, F8

AXTA transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
Shares: -26,246
Change %: -33%
Price: $0.000000^*
Shares after: 52,494
Date: 04 Mar 2026
Ownership: Direct
Underlying class: Common Shares
Underlying amount: 26,246
Exercise price
Footnotes: F3, F9

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 9 footnotes

Footnote F1

Performance share units convert into common shares on a one-for-one basis.

Footnote F2

Shares withheld to satisfy the tax withholding obligation applicable to the vesting of a performance share unit award.

Footnote F3

Restricted stock units convert into common shares on a one-for-one basis.

Footnote F4

Shares withheld to satisfy the tax withholding obligation applicable to the vesting of a portion of a restricted stock unit award.

Footnote F5

Each restricted stock unit represents a contingent right to receive one common share of Axalta Coating Systems Ltd.

Footnote F6

This restricted stock unit grant vests in three equal annual installments beginning on the first anniversary of the grant date.

Footnote F7

Represents the vesting of a performance share unit award granted on February 28, 2023. The number of common shares issuable under the award may range from zero to 200% of the target number of performance share units (56,879) based upon the Company's achievement of relative total shareholder return during the relevant performance period as described in more detail in the Company's proxy statement filed with the SEC on April 24, 2024. Based upon the Company's achievement of such objective for such period, the performance share unit award vested at 89.07% of target.

Footnote F8

Represents the vesting of a performance share unit award granted on February 28, 2023. The number of common shares issuable under the award may range from zero to 200% of the target number of performance share units (56,879) based upon the Company's achievement of Adjusted EBITDA during the relevant performance period as described in more detail in the Company's proxy statement filed with the SEC on April 24, 2024. Based upon the Company's achievement of such objective for such period, the performance share unit award vested at 169.4% of target.

Footnote F9

On March 4, 2025, the reporting person was granted 78,740 restricted stock units, vesting in three equal annual installments beginning on March 4, 2026.