Weaver Troy D. 4
4 · Axalta Coating Systems Ltd. · Filed Mar 5, 2026
Insider Transaction Report
Form 4
Weaver Troy D.
President, Global Refinish
Transactions
- Exercise/Conversion
Common Shares
[F1]2026-03-03+8,967→ 100,566 total - Tax Payment
Common Shares
[F2]2026-03-03$31.68/sh−4,118$130,458→ 96,448 total - Exercise/Conversion
Common Shares
[F1]2026-03-03+17,054→ 113,502 total - Tax Payment
Common Shares
[F2]2026-03-03$31.68/sh−7,832$248,118→ 105,670 total - Exercise/Conversion
Common Shares
[F3]2026-03-04+4,374→ 110,044 total - Tax Payment
Common Shares
[F4]2026-03-04$31.40/sh−2,009$63,083→ 108,035 total - Award
Restricted Stock Units
[F5][F6]2026-03-03+35,511→ 35,511 total→ Common Shares (35,511 underlying) - Exercise/Conversion
Performance Share Units
[F1][F7]2026-03-03−8,967→ 0 total→ Common Shares (8,967 underlying) - Exercise/Conversion
Performance Share Units
[F1][F8]2026-03-03−17,054→ 0 total→ Common Shares (17,054 underlying) - Exercise/Conversion
Restricted Stock Units
[F3][F9]2026-03-04−4,374→ 8,750 total→ Common Shares (4,374 underlying)
Footnotes (9)
- [F1]Performance share units convert into common shares on a one-for-one basis.
- [F2]Shares withheld to satisfy the tax withholding obligation applicable to the vesting of a performance share unit award.
- [F3]Restricted stock units convert into common shares on a one-for-one basis.
- [F4]Shares withheld to satisfy the tax withholding obligation applicable to the vesting of a portion of a restricted stock unit award.
- [F5]Each restricted stock unit represents a contingent right to receive one common share of Axalta Coating Systems Ltd.
- [F6]This restricted stock unit grant vests in three equal annual installments beginning on the first anniversary of the grant date.
- [F7]Represents the vesting of a performance share unit award granted on February 28, 2023. The number of common shares issuable under the award may range from zero to 200% of the target number of performance share units (10,067) based upon the Company's achievement of relative total shareholder return during the relevant performance period as described in more detail in the Company's proxy statement filed with the SEC on April 24, 2024. Based upon the Company's achievement of such objective for such period, the performance share unit award vested at 89.07% of target.
- [F8]Represents the vesting of a performance share unit award granted on February 28, 2023. The number of common shares issuable under the award may range from zero to 200% of the target number of performance share units (10,067) based upon the Company's achievement of Adjusted EBITDA during the relevant performance period as described in more detail in the Company's proxy statement filed with the SEC on April 24, 2024. Based upon the Company's achievement of such objective for such period, the performance share unit award vested at 169.4% of target.
- [F9]On March 4, 2025, the reporting person was granted 13,124 restricted stock units, vesting in three equal annual installments beginning on March 4, 2026.
Signature
/s/ Mark Sherman, attorney-in-fact|2026-03-05