Were Troy D. Weaver’s Axalta (AXTA) share dispositions open-market sales?

The dispositions were not open-market sales; they were tax-withholding events. Transactions coded F state shares were delivered at $33.41 per share to satisfy tax liabilities arising from vesting restricted stock units, rather than discretionary selling into the market.

Axalta executive exercises RSUs, withholds shares for tax

Axalta Coating Systems Ltd. executive Troy D. Weaver, President, Global Refinish, reported multiple equity transactions dated February 28, 2026.

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Form Type

Rhea-AI Filing Summary

Axalta Coating Systems Ltd. executive Troy D. Weaver, President, Global Refinish, reported multiple equity transactions dated February 28, 2026. He exercised or converted restricted stock units into common shares in several moves and had some common shares withheld at $33.41 per share to cover tax obligations. After these RSU conversions and tax-withholding dispositions, he directly owned 91,599 Axalta common shares.

Insider Trade Summary

9,094 shares exercised/converted

Exercise 6 txns

Insider Weaver Troy D.

Role President, Global Refinish

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	4,475	$0.00	$0.00
Exercise	Restricted Stock Units	4,619	$0.00	$0.00
Exercise	Common Shares	4,475	$0.00	$0.00
Exercise Price or Tax Liability	Common Shares	2,055	$33.41	$69K
Exercise	Common Shares	4,619	$0.00	$0.00
Exercise Price or Tax Liability	Common Shares	2,222	$33.41	$74K

Holdings After Transaction: Restricted Stock Units — 4,619 contracts (Direct); Common Shares — 91,599 shares (Direct)

Footnotes (4)

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 February 28, 2023, the reporting person was granted 13,423 restricted stock units, vesting in three equal annual installments beginning on February 28, 2024.
F4. On February 28, 2024, the reporting person was granted 13,856 restricted stock units, vesting in three equal annual installments beginning on February 28, 2025.

FAQ

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

What insider transactions did Axalta (AXTA) executive Troy D. Weaver report?

Troy D. Weaver reported exercising restricted stock units into Axalta common shares and share dispositions for taxes. On February 28, 2026, multiple RSU conversions (code M) and tax-withholding share deliveries (code F) were filed, reflecting routine equity compensation activity.

How many Axalta (AXTA) shares does Troy D. Weaver own after this Form 4?

After the reported transactions, Troy D. Weaver directly owns 91,599 Axalta common shares. This figure reflects the net result of RSU conversions into common shares and shares withheld to satisfy tax obligations tied to those vesting equity awards.

What do the Form 4 RSU transactions mean for Axalta (AXTA) executive compensation?

The RSU transactions show previously granted awards vesting and converting into common shares. Footnotes describe grants from February 2023 and February 2024 that vest in three annual installments, illustrating how Axalta compensates executives with stock that settles over time.

What is the conversion rate of Troy D. Weaver’s Axalta (AXTA) restricted stock units?

The filing specifies that restricted stock units convert into Axalta common shares on a one-for-one basis. This means each vested RSU results in one common share, simplifying how equity awards translate into actual share ownership for the executive.

Which role does Troy D. Weaver hold at Axalta (AXTA) in this Form 4?

Troy D. Weaver is identified as an officer of Axalta, serving as President, Global Refinish. The Form 4 links his role to the reported equity transactions, which stem from his compensation package rather than open-market trading activity.

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 03/03/2026 - 06:11 PM EST

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^*

Weaver Troy D.

(Last)

(First)

(Middle)

1050 CONSTITUTION AVENUE

(Street)

PHILADELPHIA

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, Global Refinish

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Shares	02/28/2026		M		4,475	A	⁽¹⁾	91,257	D
Common Shares	02/28/2026		F		2,055⁽²⁾	D	$33.41	89,202	D
Common Shares	02/28/2026		M		4,619	A	⁽¹⁾	93,821	D
Common Shares	02/28/2026		F		2,222⁽²⁾	D	$33.41	91,599	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽¹⁾	02/28/2026		M			4,475	⁽³⁾	⁽³⁾	Common Shares	4,475	$0	0	D
Restricted Stock Units	⁽¹⁾	02/28/2026		M			4,619	⁽⁴⁾	⁽⁴⁾	Common Shares	4,619	$0	4,619	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 13,423 restricted stock units, vesting in three equal annual installments beginning on February 28, 2024.

4. On February 28, 2024, the reporting person was granted 13,856 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.

Source: View Original Filing on SEC EDGAR