Axalta director acquires shares via RSU conversion

Axalta Coating Systems Ltd. director Jordan Tyrone Michael reported equity compensation-related transactions, not open-market trades.

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.

Insider Trade Summary

5,832 shares exercised/converted

Exercise 3 txns

Insider Jordan Tyrone Michael

Role Director

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

Holdings After Transaction: Restricted Stock Units — 6,313 contracts (Direct); Common Shares — 29,114 shares (Direct)

Footnotes (4)

1. F1. Restricted stock units convert into common shares on a one-for-one basis.
2. F2. Each restricted stock unit represents a contingent right to receive one common share of Axalta Coating Systems Ltd.
3. F3. This restricted stock unit grant vests in full on the first anniversary of the grant date.
4. F4. On March 4, 2025, the reporting person was granted 5,832 restricted stock units, vesting in full on March 4, 2026.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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.

How many Axalta (AXTA) common shares does Jordan Tyrone Michael hold after these Form 4 transactions?

After the reported transactions, Jordan Tyrone Michael directly holds 29,114 common shares. This balance reflects the conversion of 5,832 restricted stock units into common shares on March 4, 2026, as disclosed, and represents his direct ownership position in Axalta Coating Systems Ltd.

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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 03/05/2026 - 06:01 PM EST Learn about SEC filing dates

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^*

Jordan Tyrone Michael

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/03/2026

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	03/04/2026		M		5,832	A	(1)	29,114	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	(2)	03/03/2026		A		6,313		(3)	(3)	Common Shares	6,313	$0	6,313	D
Restricted Stock Units	(1)	03/04/2026		M			5,832	(4)	(4)	Common Shares	5,832	$0	0	D

Explanation of Responses:

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

2. Each restricted stock unit represents a contingent right to receive one common share of Axalta Coating Systems Ltd.

3. This restricted stock unit grant vests in full on the first anniversary of the grant date.

4. On March 4, 2025, the reporting person was granted 5,832 restricted stock units, vesting in full on March 4, 2026.

Remarks:

	/s/ Mark Sherman, attorney-in-fact	03/05/2026
	** 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.