---
schema_version: "secwatch.filing_event.v1"
accession: "0001616862-23-000032"
form_type: "8-K"
ticker: "AXTA"
cik: "0001616862"
company_name: "Axalta Coating Systems Ltd."
filed_at: "2023-06-08T23:59:59+00:00"
generated_at: "2026-06-14T04:59:30.325457+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Axalta shareholders approve 5.6M share increase to incentive plan at 2023 AGM

## Summary
- Shareholders approved amendment to 2014 Incentive Award Plan, adding 5,600,000 common shares for future awards.
- All nine director nominees elected with majority votes; terms expire at 2024 AGM.
- PricewaterhouseCoopers LLP ratified as independent auditor for fiscal 2023.
- Say-on-pay for 2022 approved with approximately 92% of votes cast in favor.

## SEC filing metadata
- accession: 0001616862-23-000032
- form_type: 8-K
- ticker: AXTA
- cik: 0001616862
- company_name: Axalta Coating Systems Ltd.
- filed_at: 2023-06-08T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02, 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1616862/000161686223000032/0001616862-23-000032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1616862/000161686223000032/axta-20230607.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001616862-23-000032
- JSON: https://secwatch.observer/filing/0001616862-23-000032.json
- Plain text: https://secwatch.observer/filing/0001616862-23-000032.txt

## Key facts
- Shareholder Votes
  Axalta Coating Systems Ltd. shareholders approved Amendment and restatement of the Amended and Restated 2014 Incentive Award Plan at the 2023-06-07 meeting.
  - Proposal: equity plan
  - Outcome: passed
  - Meeting: 2023-06-07
  source text: Amendment and Restatement of the Amended and Restated 2014 Incentive Award Plan: Votes For Votes Against Broker Non-Votes Abstentions 198,027,079 7,052,155 3,838,416 73,755
  evidence_url: https://www.sec.gov/Archives/edgar/data/1616862/000161686223000032/0001616862-23-000032-index.htm
- Shareholder Votes
  Axalta Coating Systems Ltd. shareholders approved Election of nine directors at the 2023-06-07 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2023-06-07
  source text: Election of Nine Directors: Name Votes For Votes Withheld Broker-Non-Votes Jan A. Bertsch 204,465,804 687,185 3,838,416 Steven M. Chapman 201,890,368 3,262,621 3,838,416 William M. Cook 200,605,597 4,547,392 3,838,416 Tyrone M. Jordan 197,076,501 8,076,488 3,838,416 Deborah J. Kissire 180,245,813 24,907,176 3,838,416 Robert M. McLaughlin 201,493,843 3,659,146 3,838,416 Rakesh Sachdev 191,142,767 14,010,222 3,838,416 Samuel L. Smolik 198,410,950 6,742,039 3,838,416 Chris Villavarayan 203,456,174 1,696,815 3,838,416
  evidence_url: https://www.sec.gov/Archives/edgar/data/1616862/000161686223000032/0001616862-23-000032-index.htm
- Shareholder Votes
  Axalta Coating Systems Ltd. shareholders approved Say-on-pay vote on compensation of named executive officers for 2022 at the 2023-06-07 meeting.
  - Proposal: say on pay
  - Outcome: passed
  - Meeting: 2023-06-07
  source text: Say on Pay for 2022: Votes For Votes Against Broker Non-Votes Abstentions 189,519,586 15,558,691 3,838,416 74,712
  evidence_url: https://www.sec.gov/Archives/edgar/data/1616862/000161686223000032/0001616862-23-000032-index.htm
- Shareholder Votes
  Axalta Coating Systems Ltd. shareholders approved Approval of appointment of PricewaterhouseCoopers LLP as independent registered public accounting firm at the 2023-06-07 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2023-06-07
  source text: Appointment of PricewaterhouseCoopers LLP: Votes For Votes Against Abstentions 202,351,016 6,586,134 54,255
  evidence_url: https://www.sec.gov/Archives/edgar/data/1616862/000161686223000032/0001616862-23-000032-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.