Hexcel director exercises options, boosts share stake

Hexcel director Nick L. Stanage exercised 65,502 non-qualified stock options on July 14, 2026 at $65.56 per share, receiving common stock.

Rhea-AI Filing Summary

Hexcel director Nick L. Stanage exercised 65,502 non-qualified stock options on July 14, 2026 at $65.56 per share, receiving common stock. To satisfy tax obligations, 52,169 shares were withheld at $101.82 per share. Following these transactions, he directly holds 496,244 Hexcel common shares, a net increase in his equity position. The options being exercised vest in equal increments on the first three anniversaries of the grant date.

Insider Trade Summary

65,502 shares exercised/converted

Exercise 3 txns

Insider Stanage Nick L

Role Director

Type	Security	Shares	Price	Value
Exercise	Non-Qualified Stock Options F1	65,502	$0.00	$0.00
Exercise	Common Stock	65,502	$65.56	$4.29M
Exercise Price or Tax Liability	Common Stock	52,169	$101.82	$5.31M

Holdings After Transaction: Non-Qualified Stock Options — 0 contracts (Direct); Common Stock — 496,244 shares (Direct)

Footnotes (1)

1. F1. The non-qualified stock options vest in equal increments on the first three anniversaries of the grant date.

Key Figures

Options Exercised: 65,502 shares Option Exercise Price: $65.56 per share Shares Withheld for Taxes: 52,169 shares +3 more

6 metrics

Options Exercised 65,502 shares Non-qualified stock options converted into common stock on July 14, 2026

Option Exercise Price $65.56 per share Conversion (exercise) price of non-qualified stock options

Shares Withheld for Taxes 52,169 shares Common stock withheld in a tax-withholding disposition at exercise

Tax Withholding Share Price $101.82 per share Price at which shares were withheld to satisfy tax liabilities

Shares Held After Transactions 496,244 shares Direct Hexcel common stock holdings after exercise and tax withholding

Option Expiration Date January 28, 2029 Expiration of the exercised non-qualified stock options

Key Terms

Non-Qualified Stock Options, tax-withholding disposition, derivative security, vesting

4 terms

Non-Qualified Stock Options financial

"The non-qualified stock options vest in equal increments on the first three anniversaries"

Non-qualified stock options are a type of employee benefit that gives individuals the right to buy company shares at a set price, usually lower than the market value, within a certain period. Unlike other options that may have special tax advantages, these options are taxed as income when exercised, which can affect how much money the employee or investor ultimately gains. They are important because they can influence company compensation strategies and impact the financial outcomes for employees and investors.

tax-withholding disposition financial

"Payment of exercise price or tax liability by delivering securities via a tax-withholding disposition"

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

derivative security financial

"Exercise or conversion of derivative security into 65,502 shares of common stock"

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

vesting financial

"The non-qualified stock options vest in equal increments on the first three anniversaries"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

FAQ

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

What insider transactions did Hexcel (HXL) director Nick L. Stanage report?

Nick L. Stanage exercised 65,502 stock options at $65.56 per share and had 52,169 shares withheld to cover taxes at $101.82 per share, increasing his direct Hexcel common stock holdings to 496,244 shares.

How many Hexcel (HXL) shares does Nick L. Stanage hold after these transactions?

After exercising options and related tax withholding, Nick L. Stanage directly holds 496,244 shares of Hexcel common stock. These holdings reflect the net result of acquiring 65,502 shares through option exercise and the 52,169 shares withheld for tax obligations.

What was the strike price of the Hexcel (HXL) options exercised by Nick L. Stanage?

The exercised non-qualified stock options had a strike price of $65.56 per share. On exercise, they converted into 65,502 shares of Hexcel common stock, originally granted as options that vest in equal increments over the first three anniversaries of the grant date.

At what price were Hexcel (HXL) shares withheld for Nick L. Stanage’s taxes?

To cover tax liabilities, 52,169 Hexcel shares were withheld at a price of $101.82 per share. This tax-withholding disposition is not an open-market sale but an issuer-held share withholding tied to the option exercise event.

What type of derivative security did Hexcel (HXL) director Nick L. Stanage exercise?

Nick L. Stanage exercised Non-Qualified Stock Options covering 65,502 underlying shares of Hexcel common stock. These options had a conversion (exercise) price of $65.56 per share and an expiration date of January 28, 2029.

How did the Hexcel (HXL) options held by Nick L. Stanage vest over time?

The Hexcel non-qualified stock options exercised by Nick L. Stanage vest in equal increments on the first three anniversaries of the grant date. This schedule indicates a multi-year, time-based vesting structure aligned with longer-term service or performance.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 07/15/2026 - 04:30 PM EDT Learn about SEC filing dates

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^*

Stanage Nick L

(Last) (First) (Middle)

C/O HEXCEL CORPORATION

281 TRESSER BLVD.

(Street)

STAMFORD CONNECTICUT 06901

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
HEXCEL CORP /DE/ [ HXL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/14/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/14/2026		M		65,502	A	$65.56	548,413	D
Common Stock	07/14/2026		F		52,169	D	$101.82	496,244	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Non-Qualified Stock Options	$65.56	07/14/2026		M			65,502	01/28/2020(1)	01/28/2029	Common Stock	65,502	$0	0	D

Explanation of Responses:

1. The non-qualified stock options vest in equal increments on the first three anniversaries of the grant date.

	/s/Heather M. DeGregorio, as attorney-in-fact for Nick L. Stanage	07/15/2026
	** 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.
* Form 4: SEC 1474 (03-26)