Form 4: Axalta Coating Systems Director Exercises and Acquires Shares
SEC Form 4
Director Tyrone Michael Jordan reports transaction involving restricted stock units converting into common shares of Axalta Coating Systems Ltd.
Summary
- On February 28, 2024, Director Tyrone Michael Jordan exercised 6,711 restricted stock units (RSUs) of Axalta Coating Systems Ltd., converting them into common shares.
- The director also acquired 6,157 restricted stock units that vest on the first anniversary of the grant date.
- Following the reported transactions, Jordan directly owns 6,157 derivative securities.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating routine transactions by a company director. It doesn't inherently convey positive or negative sentiment.
Key Dates
| Date | Description |
|---|---|
| 02/28/2023 | Reporting person was granted 6,711 restricted stock units, vesting in full on February 28, 2024. |
| 02/28/2024 | Director exercised 6,711 restricted stock units into common shares. |
| 02/28/2024 | Director acquired 6,157 restricted stock units vesting on the first anniversary of the grant date. |
| 03/01/2024 | Date of signature for the Form 4 filing. |
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