[Form 4] Axalta Coating Systems Ltd. Insider Trading Activity

Rhea-AI Filing Summary

Axalta Coating Systems Ltd. executive equity update: Timothy Earl Joseph Bowes, President, Global Industrial Coatings, reported equity transactions tied to a restricted stock unit (RSU) vesting on January 27, 2026. A total of 2,017 RSUs converted into 2,017 common shares on a one-for-one basis at an exercise price of $0.

To cover tax withholding on the vesting, 1,034 common shares were withheld at a price of $33.6 per share, rather than sold in an open-market transaction. Following these transactions, Bowes directly owns 7,090 common shares and 2,017 RSUs. The footnotes note that these RSUs were part of a 4,034-unit grant from January 27, 2025, vesting in two equal annual installments starting January 27, 2026.

Insights

Equity compensation analyst

RSU vesting with tax withholding; no discretionary share sale disclosed.

The filing shows 2,017 restricted stock units converting into common shares for Timothy Bowes at an exercise price of $0, reflecting routine equity compensation vesting. The same 2,017-share amount appears as underlying the derivative and the resulting common shares.

A separate 1,034-share entry coded "F" is explicitly described as shares withheld to satisfy tax withholding obligations at $33.6 per share. That suggests no open-market sale decision, just automatic withholding. After these entries, Bowes holds 7,090 common shares directly and 2,017 RSUs, indicating an ongoing equity stake tied to a 4,034-unit grant that began vesting on January 27, 2026.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Bowes Timothy Earl Joseph

(Last) (First) (Middle)

1050 CONSTITUTION AVENUE

(Street)

PHILADELPHIA PA 19112

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Axalta Coating Systems Ltd. [ AXTA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President, Glbl Ind. Coatings

3. Date of Earliest Transaction (Month/Day/Year)
01/27/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Shares	01/27/2026		M		2,017	A	(1)	8,124	D
Common Shares	01/27/2026		F		1,034(2)	D	$33.6	7,090	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	01/27/2026		M			2,017	(3)	(3)	Common Shares	2,017	$0	2,017	D

Explanation of Responses:

1. Restricted stock units convert into common shares on a one-for-one basis.

2. Shares withheld to satisfy the tax withholding obligation applicable to the vesting of a portion of a restricted stock unit award.

3. On January 27, 2025, the reporting person was granted 4,034 restricted stock units, vesting in two equal annual installments beginning on January 27, 2026.

Remarks:

	/s/ Mark Sherman, attorney-in-fact	01/29/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.