Troy D. Weaver - Feb 28, 2025 Form 4 Insider Report for Axalta Coating Systems Ltd. (AXTA)

Signature
/s/ Mark Sherman, attorney-in-fact
Stock symbol
AXTA
Transactions as of
Feb 28, 2025
Transactions value $
-$151,249
Form type
4
Date filed
3/4/2025, 06:19 PM
Previous filing
Feb 19, 2025
Next filing
Mar 6, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AXTA Common Shares Options Exercise +4.47K +5.79% 81.8K Feb 28, 2025 Direct F1
transaction AXTA Common Shares Tax liability -$74.4K -2.06K -2.51% $36.21 79.7K Feb 28, 2025 Direct F2
transaction AXTA Common Shares Options Exercise +4.62K +5.79% 84.3K Feb 28, 2025 Direct F1
transaction AXTA Common Shares Tax liability -$76.8K -2.12K -2.52% $36.21 82.2K Feb 28, 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 -4.47K -49.99% $0.00 4.48K Feb 28, 2025 Common Shares 4.47K Direct F1, F3
transaction AXTA Restricted Stock Units Options Exercise $0 -4.62K -33.33% $0.00 9.24K Feb 28, 2025 Common Shares 4.62K 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 13,423 restricted stock units, vesting in three equal annual installments beginning on February 28, 2024.
F4 On February 28, 2024, the reporting person was granted 13,856 restricted stock units, vesting in three equal annual installments beginning on February 28, 2025.