Axalta (AXTA) director adds stock through RSU conversion and new grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Axalta Coating Systems Ltd. director Jordan Tyrone Michael reported equity compensation-related transactions, not open-market trades. On March 4, 2026, 5,832 restricted stock units were exercised and converted into 5,832 common shares at a stated price of $0.00 per share, increasing his direct common share holdings to 29,114 shares.
On March 3, 2026, he also received a grant of 6,313 restricted stock units, each representing a contingent right to receive one common share, which vests in full on the first anniversary of the grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,832 shares exercised/converted
Mixed
3 txns
Insider
Jordan Tyrone Michael
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 — 29,114 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 Jordan Tyrone Michael report at Axalta (AXTA)?
Jordan Tyrone Michael reported equity-based acquisitions, not market trades. He exercised 5,832 restricted stock units into 5,832 common shares on March 4, 2026, and received a new grant of 6,313 restricted stock units on March 3, 2026, both held directly.
What restricted stock unit grants did Jordan Tyrone Michael receive from Axalta (AXTA)?
He received a grant of 6,313 restricted stock units on March 3, 2026. Earlier, on March 4, 2025, he had been granted 5,832 restricted stock units that vested in full on March 4, 2026, and were then converted into common shares.
How do Jordan Tyrone Michael’s restricted stock units convert into Axalta (AXTA) common shares?
Each restricted stock unit converts into one Axalta common share on a one-for-one basis. The Form 4 notes that every restricted stock unit represents a contingent right to receive a single common share upon vesting and settlement, with no exercise price shown in the disclosure.
When do Jordan Tyrone Michael’s Axalta (AXTA) restricted stock units vest?
The disclosed grant of 6,313 restricted stock units vests in full on the first anniversary of the March 3, 2026 grant date. A prior grant of 5,832 restricted stock units, made on March 4, 2025, vested in full on March 4, 2026 before conversion to common shares.
Are Jordan Tyrone Michael’s Axalta (AXTA) Form 4 transactions open-market purchases or compensation-related?
The transactions are compensation-related, not open-market purchases. The filing shows an exercise and conversion of 5,832 restricted stock units into common shares and a grant of 6,313 new restricted stock units, all at a reported per-share price of $0.00.