Charles Shaver Net Worth: Estimate, Sources, and How It Varies

Which Charles Shaver are we talking about?

The name Charles Shaver pulls up a handful of different people in public records, so let's get this straight before diving into numbers. The Charles Shaver most likely to generate a net worth query is Charles W. "Charlie" Shaver, a longtime U.S. industrial executive best known as Chairman and CEO of Axalta Coating Systems, the specialty coatings and chemicals company headquartered in Philadelphia. He also previously served as CEO and President of TPC Group, another industrial chemicals firm. His SEC identifier, CIK 0001269429, is the anchor that financial data platforms like Benzinga and GuruFocus use to track his insider transactions and build net worth estimates.

There are at least two other Charles Shavers who show up in searches and could cause confusion. One is a real-estate agent operating in Pennsylvania under the name Charles "Chuck" Shaver, with a Realtor.com profile that has nothing to do with the Axalta executive. Another conflation risk comes from similar-sounding names: Charles Shaughnessy, a British-American actor, sometimes appears in the same search results as "Charles Shaver" simply because of name proximity. The two are entirely different people. If you landed here after seeing a figure tied to an actor or a realtor, you were looking at the wrong profile. Every number in this article refers specifically to Charles W. Shaver, the industrial chemicals executive, as confirmed through SEC Form 4 filings with his Philadelphia, PA 19103 address on record.

What "net worth" actually means here

Net worth is assets minus liabilities. For a private individual who isn't required to publicly disclose their personal finances, that calculation always involves some estimation. What makes Charles W. Shaver's case more tractable than most is that he led publicly traded companies, which means his equity holdings and insider transactions are documented in SEC Form 4 filings. These filings record when insiders buy or sell company securities and in what quantities, giving financial researchers a partial but meaningful window into one major asset class: company stock. The figure you see on sites like Benzinga or CoreStreet is built primarily from that equity data, not from a full personal balance sheet.

Here's the key distinction to keep in mind: share-based net worth estimates capture realized and unrealized value from publicly reported equity positions and trades. They do not capture salary stored as cash, private real estate holdings, private investments, family trusts, or liabilities like mortgages and loans. That means any figure produced through this method is a floor, not a ceiling, and the actual net worth could be materially higher (or, if debts are significant, lower) than what the models show.

The best available net worth estimate for Charles W. Shaver

Three independent sources have published estimates, each using Form 4-based methodology but arriving at slightly different numbers depending on which transactions they include and when they last updated their models.

The wide gap between GuruFocus ($10 million) and the other two sources ($119-123 million) is not a mystery. If you're specifically tracking <a data-article-id="0E6DA8A7-8DA4-4824-B2FE-6C9A645740FF">Charles Sharpe net worth</a>, the figure depends on the same kind of SEC Form 4 based equity activity approach used for other executives. If you're trying to verify Charles Shaw’s net worth specifically, remember the estimate is still built on the same SEC Form 4-based equity activity approach used for other executives like this profile. If you want the headline figure, the Charles Shyer net worth estimates typically land in the $119-123 million range based on Form 4 equity activity. GuruFocus explicitly states its methodology covers only open-market purchases and sales coded 'P' or 'S' on Form 4 filings, and acknowledges the estimate will be understated if no recent qualifying transactions appear. In other words, GuruFocus is capturing a narrow slice of his equity activity, not his total holdings. Benzinga and CoreStreet use broader trade and holding logic and arrive at figures in the $119-123 million range, which are more consistent with the scale of compensation typical for a Chairman and CEO of a major public coatings company. The most defensible working estimate, as of early 2026, is somewhere in the $119-123 million range, with the caveat that all three sources are working from incomplete data. For a similar style of profile-focused, SEC Form 4-driven number tracking, see also charles shaker net worth. For more of the same SEC Form 4-based number tracking style, you can also review charles shackleford net worth. For a quick snapshot of what those Form 4-based estimates put his net worth at, see the Charles Shaffer net worth figures referenced in this article.

Where the money comes from: income sources

For an executive at Shaver's level, income is never just a salary. At public companies, compensation packages are typically structured across several streams.

Equity compensation and capital gains

This is almost certainly the dominant driver of Charles W. Shaver's wealth. As Chairman and CEO of Axalta, he would have received equity awards in the form of restricted stock units, performance shares, or stock options as part of his annual compensation. The SEC Form 4 timeline documented on Benzinga's page includes a notable large cash-out in 2019, which aligns with the kind of accelerated equity realization that often happens around leadership transitions or lock-up expirations after an IPO or ownership change. Axalta went public in 2014 after being acquired by The Carlyle Group from DuPont, and that transition created a period of significant equity activity for key executives.

Base salary and annual bonuses

C-suite executives at companies of Axalta's size typically earn base salaries in the $1-2 million range annually, supplemented by annual cash bonuses that can be a multiple of that base depending on performance metrics. These figures are disclosed in proxy statements (DEF 14A filings) with the SEC, though they require digging through historical filings to reconstruct a multi-year earnings picture. None of the three estimator sites above appear to incorporate this salary-based income directly into their models, which further supports the view that the $119-123 million estimate is a floor.

Board and advisory roles

Senior executives with Shaver's background frequently hold board seats at other companies or serve in advisory capacities that generate director fees and additional equity. These are often disclosed in separate SEC filings if the companies are public, but they are harder to track comprehensively and are not captured in the current estimator pages.

Private investments and other assets

Executives at this wealth level typically hold diversified portfolios beyond their employer's stock: index funds, private equity co-investments, real estate, and similar assets. None of this is visible in public filings unless it generates a separately reportable event. This is the biggest unknown in the current estimates.

Assets, liabilities, and what can move the number

Net worth estimates for executives like Charles W. Shaver are not static. Several factors can shift the figure materially in either direction, sometimes within a short window.

• Stock price movement: If Shaver retained significant Axalta equity after leaving or transitioning his role, changes in Axalta's share price directly affect the paper value of those holdings. A 20% decline in the stock translates to a roughly proportional decline in that portion of his net worth.
• Equity vesting and sale events: New Form 4 filings triggered by additional vesting or open-market sales will update the data that estimators use, potentially causing a sudden jump or drop in reported figures.
• Salary and bonus accumulation: Annual cash compensation, once received and invested, adds to the asset base in ways the Form 4 model does not capture.
• Private transactions: Real estate purchases, private equity positions, or business investments would move the actual net worth number without appearing in any of the current estimator sources.
• Liabilities: Mortgages on high-value real estate, margin loans against an equity portfolio, or other debt obligations could reduce the net figure significantly, none of which are publicly disclosed for private individuals.
• Tax events: A large stock sale like the 2019 transaction visible in the Benzinga timeline would trigger a substantial capital gains tax liability, reducing the after-tax net worth from what the gross transaction value implies.

How reliable is the $119-123 million estimate?

Let's be direct: the Benzinga and CoreStreet figures are the most defensible publicly available estimates, but they are still equity-only floor estimates, not full personal financial statements. Here's a breakdown of what's verified versus what's inferred.

The Benzinga figure was recalculated as of November 1, 2024, with a page update label of August 1, 2024, suggesting the platform refreshes when new Form 4 data becomes available rather than on a fixed calendar schedule. CoreStreet's most recent as-of date is January 27, 2026, making it the freshest figure available as of this writing in April 2026. That said, if no new Form 4 transactions have been filed since January 2026, the estimate could lag actual conditions. GuruFocus's February 2026 figure is the most recent date-stamped number but the least comprehensive in scope.

It's also worth noting that Charles W. Shaver's name is common enough that conflation with other individuals, including the Pennsylvania realtor or the similarly named Charles Shaughnessy, could produce polluted search results. If you are specifically looking up Charles Shaughnessy net worth numbers, double-check that you are not mixing him up with Charles Shaver. Always confirm you're looking at the SEC CIK 0001269429 data before treating any estimate as relevant to this specific executive.

How to verify and find the latest numbers yourself

If you want to audit these figures or check for updates after April 2026, here's a practical workflow.

1. Go to the SEC EDGAR full-text search at efts.sec.gov or the main EDGAR search at sec.gov/cgi-bin/browse-edgar and search for "Charles Shaver" or CIK 0001269429. Filter for Form 4 filings. Any new insider transactions filed after January 2026 will appear here and should prompt updated estimates on Benzinga and CoreStreet.
2. Check Axalta's investor relations page (axaltacs.com) for current proxy statements (DEF 14A filings). These annual filings disclose executive compensation in detail, including base salary, bonus, and equity award values for named executive officers. If Shaver is still listed, you'll find granular pay data there.
3. Visit Benzinga's insider net worth page for CIK 0001269429 directly. Look for the 'Estimate Recalculated' timestamp to confirm you're seeing the most current model output, not a stale cached figure.
4. Check CoreStreet's Charles W. Shaver page and note the explicit 'as of' date. If that date is more than a few months old, the estimate predates any recent transactions.
5. Search for recent news about Charles W. Shaver or Axalta on Google News, filtering by date. Executive transitions, equity offerings, or major business events at Axalta could materially affect his holdings value.
6. Cross-reference any number you find against the SEC Form 4 transaction history. If a source claims a dramatically different figure than $119-123 million without a clear explanation of a major new transaction or asset discovery, treat it with skepticism.
7. If you're researching a different Charles Shaver (the Pennsylvania realtor, for example), recognize that no public net worth data exists for private individuals without SEC reporting obligations, and any figure you find for a non-public Charles Shaver is speculative at best.

One more practical note: if you're comparing this profile to other notable people named Charles, some close neighbors in this research niche include executives, entertainers, and athletes with similar names. The methodology used here, anchoring on SEC filings and verified public records rather than celebrity gossip aggregators, is the same standard that applies across all profiles on this site and is the most reliable approach for any name-based net worth research.