SCHEDULE: FMR LLC Discloses 4.0% Passive Stake in Axalta Coating Systems
Beneficial Ownership Disclosure
FMR LLC and Abigail P. Johnson have filed an amended Schedule 13G, reporting a 4.0% beneficial ownership in Axalta Coating Systems Ltd. common stock as of September 30, 2025.
Summary
- FMR LLC and Abigail P. Johnson, through various subsidiaries, beneficially own 8,564,227.93 shares of Axalta Coating Systems Ltd. common stock.
- This ownership represents 4.0% of the total outstanding common stock of Axalta Coating Systems Ltd.
- FMR LLC holds sole voting power over 8,533,096.00 shares and sole dispositive power over 8,564,227.93 shares.
- Abigail P. Johnson holds sole dispositive power over 8,564,227.93 shares, with no sole or shared voting power directly attributed.
- The filing is an Amendment No. 2 to a Schedule 13G, indicating a passive investment intent.
- The beneficial ownership is held by FMR LLC and its direct and indirect subsidiaries, including FIAM LLC, Fidelity Diversifying Solutions LLC, Fidelity Management & Research Company LLC, Fidelity Management Trust Company, and Strategic Advisers LLC.
Sentiment
Score: 6
Explanation: The filing is a routine disclosure of a passive institutional stake. It is slightly positive as it confirms continued interest from a major investment firm, but it does not indicate any significant strategic changes or performance updates for Axalta Coating Systems Ltd.
Positives
- The disclosure confirms continued institutional interest in Axalta Coating Systems Ltd. by a major investment firm, FMR LLC.
Negatives
- NA
Risks
- NA
Future Outlook
NA
Industry Context
This filing reflects a standard disclosure by a large institutional investor, FMR LLC, regarding its passive stake in Axalta Coating Systems Ltd. It does not provide specific insights into broader industry trends but indicates continued investment interest in the coatings sector by major financial players.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Shareholders' Voting Agreement | Members of the Johnson family, including Abigail P. Johnson, are predominant owners of Series B voting common shares of FMR LLC (49% voting power). They have a shareholders' voting agreement to vote all Series B shares in accordance with the majority vote, potentially forming a controlling group for FMR LLC under the Investment Company Act of 1940. | NA | This agreement pertains to the internal governance of FMR LLC and its control structure, not directly to Axalta Coating Systems Ltd.'s corporate governance. |
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional holder's passive stake, confirming continued investment interest in the company.
Key Dates
| Date | Description |
|---|---|
| 2023-01-03 | Effective date of Power of Attorney for FMR LLC and its direct and indirect subsidiaries. |
| 2023-01-26 | Effective date of Power of Attorney for Abigail P. Johnson. |
| 2025-09-30 | Date of event which requires filing of this statement, reflecting the beneficial ownership position. |
| 2025-11-04 | Date of signing for the Schedule 13G filing by Stephanie J. Brown on behalf of FMR LLC and Abigail P. Johnson. |
Keywords
Axalta Coating Systems, FMR LLC, Abigail P. Johnson, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, Passive Investment, AXTA
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