Form 4: Axalta Coating Systems Executive Hadi Awada Reports Stock Transactions

Hadi Awada, President of Global Mobility Coatings at Axalta, reports the vesting of restricted stock units and subsequent tax withholding.

Summary

• On February 15, 2025, Hadi Awada, President of Global Mobility Coatings at Axalta Coating Systems Ltd., reported transactions involving common shares and restricted stock units.
• Awada vested 3,702 restricted stock units, which converted into an equal number of common shares.
• 1,736 shares were withheld to cover tax obligations related to the vesting of the restricted stock units at a price of $37.17 per share.
• Following these transactions, Awada directly owns 33,135 common shares.
• The restricted stock units were granted on February 15, 2022, and vest in three equal annual installments starting February 15, 2023.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, with neutral sentiment.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it involves the vesting of previously granted equity.

Key Dates

Keywords

Form 4, Axalta Coating Systems, Hadi Awada, Restricted Stock Units, Common Shares, Beneficial Ownership, Insider Trading