Hexcel (HXL) EVP Lehman amends Form 4 for RSU vesting and tax shares
Rhea-AI Filing Summary
Hexcel Corporation executive Gail E. Lehman, EVP and Chief Legal & Sustainability Officer, reported amended insider equity transactions involving restricted stock units. On January 29 and 30, 2026, RSUs converted into a total of 2,001 shares of common stock at an exercise price of $0, reflecting vesting of prior awards.
To cover taxes on these RSU conversions, Hexcel withheld 484 shares at $84.56 per share and 401 shares at $82.81 per share, both dispositions coded as tax withholdings. After these transactions, Lehman directly beneficially owned 21,208 shares of Hexcel common stock. The filing is an amendment to correct an earlier administrative error in the number of shares withheld for taxes and to adjust the post-transaction ownership figures accordingly.
Positive
- None.
Negative
- None.
Insights
Amended Form 4 reflects routine RSU vesting and corrected tax share withholding.
The disclosure shows Gail E. Lehman converting restricted stock units into Hexcel common stock on January 29–30, 2026. Code M transactions indicate RSU vesting, with 2,001 shares delivered at an exercise price of $0, which is typical for stock unit conversions.
Code F entries record 484 shares at $84.56 and 401 shares at $82.81 withheld to satisfy tax obligations, a non-discretionary form of disposition. The note clarifies this is an amendment correcting an administrative error in the earlier tax-withholding share count, updating the resulting 21,208 common shares held directly.
From an investment perspective, these are standard compensation-related events rather than open-market trades, so they do not by themselves signal a change in sentiment. The main practical takeaway is that the company has aligned the reported ownership and tax-withholding amounts with the underlying RSU vesting terms.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 968 | $0.00 | -- |
| Exercise | Common Stock | 968 | $0.00 | -- |
| Tax Withholding | Common Stock | 401 | $82.81 | $33K |
| Exercise | Restricted Stock Units | 1,033 | $0.00 | -- |
| Exercise | Common Stock | 1,033 | $0.00 | -- |
| Tax Withholding | Common Stock | 484 | $84.56 | $41K |
Footnotes (1)
- This amendment is being filed to correct an administrative error in the amount of shares withheld for the payment of taxes upon conversion of restricted stock units. The number of shares beneficially owned following this transaction and the subsequent transactions reported on the original Form 4 were therefore also adjusted. Represents shares of common stock of the issuer withheld for the payment of taxes due upon conversion of restricted stock units ("RSUs"). Each restricted stock unit ("RSU") represents a conditional right to receive one share of common stock of the issuer. The RSU's vest and convert into an equivalent number of shares of common stock of the issuer in equal increments on the first three anniversaries of the grant date.
