Axalta GC exercises 4,877 RSUs, withholds shares
Axalta’s SVP and General Counsel had 4,877 RSUs vest into common shares, with 2,255 shares withheld to cover taxes.
Rhea-AI Filing Summary
Axalta Coating Systems Ltd. (AXTA) reported that Alex Tablin-Wolf, its SVP, General Counsel and Corporate Secretary, exercised 4,877 restricted stock units on September 19, 2026, which converted into an equal number of common shares on a one-for-one basis.
Of these shares, 2,255 common shares were withheld at a price of $32.20 per share to satisfy the tax withholding obligation related to the vesting of a portion of a restricted stock unit award. No Rule 10b5-1 trading plan is reported for these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,877 shares exercised/converted
Exercise
3 txns
Insider
Tablin-Wolf Alex
Role
SVP, GC and Corp. Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F3 | 4,877 | $0.00 | $0.00 |
| Exercise | Common Shares F1 | 4,877 | -- | -- |
| Tax Withholding | Common Shares F2 | 2,255 | $32.20 | $73K |
Holdings After Transaction:
Restricted Stock Units — 0 contracts (Direct);
Common Shares — 26,283 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 14,630 restricted stock units, vesting in three equal annual installments beginning on September 19, 2024.
Key Figures
RSUs exercised: 4,877 units
Common shares received from RSU conversion: 4,877 shares
Shares withheld for taxes: 2,255 shares
+3 more
6 metrics
RSUs exercised
4,877 units
Restricted stock units converted into common shares on September 19, 2026
Common shares received from RSU conversion
4,877 shares
One-for-one conversion of restricted stock units into common shares
Shares withheld for taxes
2,255 shares
Shares withheld to satisfy tax withholding obligation on RSU vesting
Tax withholding price
$32.20 per share
Price used for shares withheld to satisfy tax withholding obligation
Original RSU grant
14,630 units
Restricted stock units granted on September 19, 2023
RSU vesting schedule
3 equal annual installments
Beginning on September 19, 2024 for the 14,630-unit grant
Key Terms
Restricted Stock Units, tax withholding obligation, Form 4, Rule 10b5-1
4 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.
tax withholding obligation financial
"Shares withheld to satisfy the tax withholding obligation applicable"
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Rule 10b5-1 regulatory
"document-level Rule 10b5-1 checkbox"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did AXTA report for Alex Tablin-Wolf?
Axalta Coating Systems Ltd. reported that Alex Tablin-Wolf exercised 4,877 restricted stock units on September 19, 2026, converting them into 4,877 common shares on a one-for-one basis, with a portion of the shares withheld for taxes.
What was the vesting conversion ratio for the AXTA restricted stock units?
The restricted stock units converted into Axalta common shares on a one-for-one basis, meaning each vested restricted stock unit became one common share upon exercise.
Were Alex Tablin-Wolf’s AXTA transactions under a Rule 10b5-1 trading plan?
No. The document-level checkbox for a Rule 10b5-1 trading plan is shown as false, and no footnote indicates that the reported transactions were made under such a plan.
When were the reported AXTA restricted stock units originally granted?
A footnote states that on September 19, 2023, the reporting person was granted 14,630 restricted stock units, vesting in three equal annual installments beginning on September 19, 2024.
AI-generated analysis. How Rhea-AI works. Not financial advice.
