{"filing":{"accession_number":"0001193125-26-313418","cik":"0001616862","ticker":"AXTA","company_name":"Axalta Coating Systems Ltd.","form":"8-K","filing_date":"2026-07-23","report_date":null,"primary_document":"d135458d8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1616862/000119312526313418/d135458d8k.htm"},"events":[{"id":19901,"run_id":17912,"accession_number":"0001193125-26-313418","anchor_item_number":"1.01","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.92,"summary":"Axalta and AkzoNobel amended their merger agreement (Amendment No. 2, dated July 23, 2026) to modify governance arrangements for the combined company, including shortening director re-election timing from five years to three years and adjusting approval thresholds for key governance matters.","company_name":"Axalta Coating Systems Ltd.","ticker":"AXTA","filing_date":"2026-07-23","form":"8-K","submitted_at":null,"items":[{"id":19126,"accession_number":"0001193125-26-313418","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.95,"reasoning":"This Item 1.01 discloses Amendment No. 2 to the Merger Agreement between Axalta and AkzoNobel, dated July 23, 2026, which amends the governance arrangements for the combined company post-merger. The amendment modifies director re-election timing (from five years to three years) and approval thresholds for key governance matters. This is a material amendment to an ongoing merger of equals transaction that is clearly a material acquisition activity requiring Item 1.01 disclosure.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-23T13:05:41.175056+00:00","company_name":"","ticker":null,"filing_date":""},{"id":19127,"accession_number":"0001193125-26-313418","item_number":"8.01","item_title":"Other Events","event_type":"governance_other","event_domain":"governance","is_material":true,"confidence":0.85,"reasoning":"The disclosure announces modifications to governance arrangements for the pending AkzoNobel-Axalta merger of equals, specifically: (1) annual re-election of all Directors after an initial three-year period (shortened from five years), and (2) a two-thirds Non-Executive Director approval threshold for key decisions during the initial three-year period (lowered from 75%). These are material governance refinements made following shareholder dialogue that affect the combined company's board structure and decision-making authority, warranting classification as a governance event material to investors evaluating the merger.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-23T13:05:41.175056+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":19126,"accession_number":"0001193125-26-313418","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.95,"reasoning":"This Item 1.01 discloses Amendment No. 2 to the Merger Agreement between Axalta and AkzoNobel, dated July 23, 2026, which amends the governance arrangements for the combined company post-merger. The amendment modifies director re-election timing (from five years to three years) and approval thresholds for key governance matters. This is a material amendment to an ongoing merger of equals transaction that is clearly a material acquisition activity requiring Item 1.01 disclosure.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-23T13:05:41.175056+00:00","company_name":"Axalta Coating Systems Ltd.","ticker":"AXTA","filing_date":"2026-07-23"},{"id":19127,"accession_number":"0001193125-26-313418","item_number":"8.01","item_title":"Other Events","event_type":"governance_other","event_domain":"governance","is_material":true,"confidence":0.85,"reasoning":"The disclosure announces modifications to governance arrangements for the pending AkzoNobel-Axalta merger of equals, specifically: (1) annual re-election of all Directors after an initial three-year period (shortened from five years), and (2) a two-thirds Non-Executive Director approval threshold for key decisions during the initial three-year period (lowered from 75%). These are material governance refinements made following shareholder dialogue that affect the combined company's board structure and decision-making authority, warranting classification as a governance event material to investors evaluating the merger.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-23T13:05:41.175056+00:00","company_name":"Axalta Coating Systems Ltd.","ticker":"AXTA","filing_date":"2026-07-23"}]}
