Form 4: Axalta Coating Systems Executive Reports Stock Transactions
SEC Form 4 Filing
SVP, GC and Corp. Secretary of Axalta Coating Systems, Alex Tablin-Wolf, reports transactions involving common shares and restricted stock units.
Summary
- On February 28, 2025, Alex Tablin-Wolf, SVP, GC and Corp. Secretary of Axalta Coating Systems, reported transactions involving common shares and restricted stock units.
- The transactions included the conversion of 1,888 and 3,284 restricted stock units into common shares.
- Shares were withheld to satisfy tax obligations related to the vesting of restricted stock units, with 874 and 1,547 shares withheld at a price of $36.21.
- Following these transactions, the reporting person beneficially owns 14,861 common shares and 6,568 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for executives of publicly traded companies. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they involve the conversion of existing equity awards into common shares.
Key Dates
| Date | Description |
|---|---|
| 02/28/2023 | Reporting person was granted 5,664 restricted stock units, vesting in three equal annual installments beginning on February 28, 2024. |
| 02/28/2024 | Reporting person was granted 9,852 restricted stock units, vesting in three equal annual installments beginning on February 28, 2025. |
| 02/28/2025 | Transactions involving common shares and restricted stock units occurred. |
| 03/04/2025 | Date of signature for the report. |
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