Troy D. Weaver - 15 Feb 2024 Form 4 Insider Report for Axalta Coating Systems Ltd. (AXTA)

Role: President, Global Refinish
Signature: /s/ Alex Tablin-Wolf, attorney-in-fact
Issuer symbol: AXTA
Transactions as of: 15 Feb 2024
Transactions value $: -$67,148
Form type: 4
Filing time: 20 Feb 2024, 17:55:34 UTC
Previous filing: 28 Jul 2023
Next filing: 01 Mar 2024
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		+4.63K	+8.36%		60K	15 Feb 2024	Direct	F1
transaction	AXTA	Common Shares	Tax liability	-$67.1K	-2.13K	-3.55%	$31.51	57.9K	15 Feb 2024	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	-4.63K	-50%	$0.00	4.63K	15 Feb 2024	Common Shares	4.63K		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 15, 2022, the reporting person was granted 13,880 restricted stock units, vesting in three equal annual installments beginning on February 15, 2023.