Axalta director exercises and receives stock awards
Axalta Coating Systems Ltd. director Rakesh Sachdev reported equity compensation activity involving restricted stock units and common shares.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 5,832 | $0.00 | $0.00 |
| Exercise | Common Shares | 5,832 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 6,313 | $0.00 | $0.00 |
Footnotes (4)
- F1. Restricted stock units convert into common shares on a one-for-one basis.
- F2. Each restricted stock unit represents a contingent right to receive one common share of Axalta Coating Systems Ltd.
- F3. This restricted stock unit grant vests in full on the first anniversary of the grant date.
- F4. 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?
What restricted stock unit grants were disclosed for Axalta (AXTA) director Sachdev?
Were the Axalta (AXTA) insider transactions open-market buys or equity awards?
When did Axalta (AXTA) director Sachdev’s 5,832 restricted stock units vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.