Axalta Coating Systems Ltd. (NYSE: AXTA) director gains RSUs and shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Axalta Coating Systems Ltd. director Rakesh Sachdev reported equity compensation activity involving restricted stock units and common shares. On March 4, 2026, 5,832 restricted stock units were exercised or converted into 5,832 common shares at a stated price of $0.00 per share, bringing his directly held common shares to 146,827.
The filing also shows an award of 6,313 restricted stock units on March 3, 2026, each representing a contingent right to receive one Axalta common share on a one-for-one basis. One grant of 5,832 restricted stock units was originally awarded on March 4, 2025 and vested in full on March 4, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,832 shares exercised/converted
Mixed
3 txns
Insider
SACHDEV RAKESH
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 5,832 | $0.00 | -- |
| Exercise | Common Shares | 5,832 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 6,313 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Shares — 146,827 shares (Direct)
Footnotes (1)
- Restricted stock units convert into common shares on a one-for-one basis. Each restricted stock unit represents a contingent right to receive one common share of Axalta Coating Systems Ltd. This restricted stock unit grant vests in full on the first anniversary of the grant date. On March 4, 2025, the reporting person was granted 5,832 restricted stock units, vesting in full on March 4, 2026.
FAQ
What insider transactions did Axalta (AXTA) director Rakesh Sachdev report?
Rakesh Sachdev reported acquiring equity through compensation-related transactions. He exercised 5,832 restricted stock units into 5,832 common shares and received a new grant of 6,313 restricted stock units, all held directly, as disclosed in the Form 4.
What restricted stock unit grants were disclosed for Axalta (AXTA) director Sachdev?
The Form 4 shows a new grant of 6,313 restricted stock units on March 3, 2026. It also notes an earlier grant of 5,832 restricted stock units on March 4, 2025, which vested in full on March 4, 2026 into common shares.
Were the Axalta (AXTA) insider transactions open-market buys or equity awards?
The disclosed transactions are equity awards and conversions, not open-market purchases. They include a grant of 6,313 restricted stock units and the exercise or conversion of 5,832 restricted stock units into common shares at a stated price of $0.00 per share.
When did Axalta (AXTA) director Sachdev’s 5,832 restricted stock units vest?
According to the footnotes, the 5,832 restricted stock units were granted on March 4, 2025 and vested in full on March 4, 2026. Upon vesting, they converted into 5,832 Axalta common shares reported in the Form 4.