Hexcel (HXL) director exercises 65,502 options, 52,169 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
65,502 shares exercised/converted
Mixed
3 txns
Insider
Stanage Nick L
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-Qualified Stock Options | 65,502 | $0.00 | -- |
| Exercise | Common Stock | 65,502 | $65.56 | $4.29M |
| Tax Withholding | Common Stock | 52,169 | $101.82 | $5.31M |
Holdings After Transaction:
Non-Qualified Stock Options — 0 shares (Direct);
Common Stock — 548,413 shares (Direct)
Footnotes (1)
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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
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.
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.
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.