Hadi Awada (AXTA) converts RSUs to Axalta shares and withholds stock for taxes

Rhea-AI Filing Summary

Axalta Coating Systems Ltd. officer Hadi Awada reported multiple equity compensation transactions on February 28, 2026. He exercised and converted 3,580 and 3,695 restricted stock units into common shares, while 1,561 and 1,722 common shares were automatically withheld to cover tax obligations. After these transactions, he directly held 43,663 common shares. Footnotes explain that the restricted stock units convert into common shares one-for-one and relate to prior grants of 10,739 units from February 28, 2023 and 11,085 units from February 28, 2024, each vesting in three equal annual installments.

Insider Trade Summary

7,275 shares exercised/converted

Mixed 6 txns

Insider Awada Hadi

Role President, Glbl Mob. Coatings

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	3,580	$0.00	--
Exercise	Restricted Stock Units	3,695	$0.00	--
Exercise	Common Shares	3,580	$0.00	--
Tax Withholding	Common Shares	1,561	$33.41	$52K
Exercise	Common Shares	3,695	$0.00	--
Tax Withholding	Common Shares	1,722	$33.41	$58K

Holdings After Transaction: Restricted Stock Units — 0 shares (Direct); Common Shares — 43,251 shares (Direct)

Footnotes (1)

1. Restricted stock units convert into common shares on a one-for-one basis. Shares withheld to satisfy the tax withholding obligation applicable to the vesting of a portion of a restricted stock unit award. On February 28, 2023, the reporting person was granted 10,739 restricted stock units, vesting in three equal annual installments beginning on February 28, 2024. On February 28, 2024, the reporting person was granted 11,085 restricted stock units, vesting in three equal annual installments beginning on February 28, 2025.

Form 4 Insider Transactions: What Each Field Means →

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^*

Awada Hadi

(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 Mob. Coatings

3. Date of Earliest Transaction (Month/Day/Year)
02/28/2026

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	02/28/2026		M		3,580	A	(1)	43,251	D
Common Shares	02/28/2026		F		1,561(2)	D	$33.41	41,690	D
Common Shares	02/28/2026		M		3,695	A	(1)	45,385	D
Common Shares	02/28/2026		F		1,722(2)	D	$33.41	43,663	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)	02/28/2026		M			3,580	(3)	(3)	Common Shares	3,580	$0	0	D
Restricted Stock Units	(1)	02/28/2026		M			3,695	(4)	(4)	Common Shares	3,695	$0	3,695	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 February 28, 2023, the reporting person was granted 10,739 restricted stock units, vesting in three equal annual installments beginning on February 28, 2024.

4. On February 28, 2024, the reporting person was granted 11,085 restricted stock units, vesting in three equal annual installments beginning on February 28, 2025.

Remarks:

	/s/ Mark Sherman, attorney-in-fact	03/03/2026
	** 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.

FAQ

What insider transactions did AXTA executive Hadi Awada report on this Form 4?

Hadi Awada reported exercising restricted stock units and related share withholdings on February 28, 2026. He converted 3,580 and 3,695 restricted stock units into common shares, with some shares automatically withheld to satisfy tax obligations tied to vesting.

How many Axalta (AXTA) restricted stock units did Hadi Awada convert into shares?

He converted two tranches of restricted stock units into common shares: 3,580 units and 3,695 units. Footnotes state that each restricted stock unit converts into one common share, so both tranches together added 7,275 common shares before tax withholdings.

Were any of Hadi Awada’s Axalta (AXTA) shares sold in the open market?

The Form 4 shows no open-market sales. Instead, 1,561 and 1,722 common shares were disposed of through tax-withholding transactions, where shares are withheld by the issuer to cover tax liabilities on vesting awards.

How many Axalta (AXTA) common shares does Hadi Awada own after these transactions?

After the reported transactions, Awada directly holds 43,663 Axalta common shares. This figure reflects the net result of restricted stock unit conversions into common shares and the share withholdings for tax obligations on February 28, 2026.

What prior restricted stock unit grants to Hadi Awada does the Axalta Form 4 reference?

Footnotes reference two prior restricted stock unit grants: 10,739 units granted on February 28, 2023 and 11,085 units granted on February 28, 2024. Each grant vests in three equal annual installments beginning the year after grant.

What do the tax-withholding dispositions on Hadi Awada’s Axalta Form 4 represent?

They represent shares withheld to satisfy tax obligations from vesting restricted stock units. The Form 4 records 1,561 and 1,722 common shares disposed under code F, defined as delivering securities to pay exercise price or tax liabilities.