AXTA.NYSEAxalta Coating Systems LTD
Form 4: Axalta Coating Systems Director Exercises Stock Options
Sentiment:
SEC Form 4 Filing
Kevin M. Stein, a director of Axalta Coating Systems Ltd., converted restricted stock units into common shares on September 1, 2024.
Summary
- On September 1, 2024, Kevin M. Stein, a director of Axalta Coating Systems Ltd., converted 2,361 restricted stock units into an equal number of common shares.
- The restricted stock units vested in full on September 1, 2024.
- Following the transaction, Stein directly owns 2,361 common shares and indirectly owns 36,600 common shares through a revocable trust.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock option exercises, indicating a neutral sentiment.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the increase in the number of outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 09/01/2023 | Reporting person was granted 2,361 restricted stock units. |
| 09/01/2024 | Date of transaction: conversion of restricted stock units to common shares and vesting date of restricted stock units. |
| 09/04/2024 | Date of signature on the Form 4 filing. |
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