Axalta officer exercises 3,658 RSUs for shares
Axalta SVP & CHRO Amy Tufano had RSUs vest into common shares, with part of the shares withheld to cover taxes.
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Form Type
4
Rhea-AI Filing Summary
Axalta Coating Systems Ltd. (AXTA) reported that officer Amy Tufano, SVP & CHRO, exercised 3,658 restricted stock units into an equal number of common shares on September 19, 2026. Of those common shares, 1,680 were withheld at $32.20 per share to satisfy tax withholding obligations. No Rule 10b5-1 trading plan is reported.
Insider Trade Summary
3,658 shares exercised/converted
Exercise
3 txns
Insider
Tufano Amy
Role
SVP & CHRO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F3 | 3,658 | $0.00 | $0.00 |
| Exercise | Common Shares F1 | 3,658 | -- | -- |
| Tax Withholding | Common Shares F2 | 1,680 | $32.20 | $54K |
Holdings After Transaction:
Restricted Stock Units — 0 units (Direct);
Common Shares — 21,509 shares (Direct)
Holdings Before and After:
Restricted Stock Units, 3,658 to 0 units (Direct);
Common Shares, 19,531 to 21,509 shares (Direct)
Footnotes (3)
- F1. Restricted stock 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 portion of a restricted stock unit award.
- F3. On September 19, 2023, the reporting person was granted 10,972 restricted stock units, vesting in three equal annual installments beginning on September 19, 2024.
Key Figures
RSUs converted: 3,658 units
Common shares received from RSU conversion: 3,658 shares
Shares withheld for tax: 1,680 shares
+2 more
5 metrics
RSUs converted
3,658 units
Restricted stock units converting into common shares on September 19, 2026
Common shares received from RSU conversion
3,658 shares
Common shares issued upon RSU exercise on September 19, 2026
Shares withheld for tax
1,680 shares
Common shares withheld to satisfy tax withholding obligation
Tax withholding price
$32.20 per share
Price applied to shares withheld for tax on RSU vesting
Original RSU grant
10,972 units
Restricted stock units granted on September 19, 2023, vesting in three equal annual installments
Key Terms
Restricted stock units, Rule 10b5-1, tax withholding obligation
3 terms
Restricted stock units financial
"Restricted stock units convert into common shares on a one-for-one basis"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Rule 10b5-1 regulatory
"No Rule 10b5-1 trading plan is reported for these transactions"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
tax withholding obligation financial
"Shares withheld to satisfy the tax withholding obligation applicable to the vesting"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did AXTA executive Amy Tufano report on this Form 4?
Amy Tufano reported the exercise of 3,658 restricted stock units into 3,658 Axalta common shares on September 19, 2026, plus a related share withholding transaction to cover tax obligations tied to that vesting.
How many Axalta (AXTA) RSUs vested or were exercised in this filing?
The filing shows that 3,658 restricted stock units converted into 3,658 common shares, on a one-for-one basis, for Axalta Coating Systems Ltd.
Was this Axalta (AXTA) insider transaction made under a Rule 10b5-1 trading plan?
No. The document-level Rule 10b5-1 checkbox is unchecked, and the footnotes do not indicate that the transactions were made pursuant to any Rule 10b5-1 trading plan.
What do the footnotes in this AXTA Form 4 say about the RSUs?
The footnotes state that restricted stock units convert into common shares on a one-for-one basis and that the shares withheld were to satisfy the tax withholding obligation related to vesting of a restricted stock unit award originally granted on September 19, 2023.
AI-generated analysis. How Rhea-AI works. Not financial advice.
