Hexcel (NYSE: HXL) exec gains 557 shares from performance award

Rhea-AI Filing Summary

Hexcel Corporation executive Lyndon J. Smith, President, Americas & Global Fibers, acquired 557 shares of Hexcel common stock on January 21, 2026. The shares were issued at $0 per share, bringing his directly held stake to 8,983 common shares.

The new shares came from the conversion of a performance-based share award (PSA) granted under an agreement dated January 30, 2023. The number of shares delivered was tied to the company’s achievement of specified financial performance criteria.

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

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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^*

Smith Lyndon John

(Last) (First) (Middle)

C/O HEXCEL CORPORATION

281 TRESSER BLVD.

(Street)

STAMFORD CT 06901

(City) (State) (Zip)

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

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

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

3. Date of Earliest Transaction (Month/Day/Year)
01/21/2026

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

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

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

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	01/21/2026		A		557(1)	A	$0	8,983	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

Explanation of Responses:

1. Represents shares of common stock of the issuer acquired upon the conversion of a performance-based share award ("PSA") based on the level of attainment of specified financial performance criteria set forth in the underlying performance-based award agreement dated January 30, 2023.

Remarks:

President, Americas & Global Fibers

	/s/Heather M. DeGregorio, as attorney-in-fact for Lyndon J. Smith	01/23/2026
	** 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).
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FAQ

What insider transaction did Hexcel (HXL) report for Lyndon J. Smith?

Hexcel reported that Lyndon J. Smith, President, Americas & Global Fibers, acquired 557 shares of Hexcel common stock on January 21, 2026 at $0 per share through a performance-based award conversion.

How many Hexcel (HXL) shares does Lyndon J. Smith own after this Form 4?

After the reported transaction, Lyndon J. Smith directly owns 8,983 shares of Hexcel common stock.

What is the nature of the share award reported in this Hexcel (HXL) Form 4?

The 557 shares represent the conversion of a performance-based share award (PSA), with the final share amount based on reaching specified financial performance criteria in an agreement dated January 30, 2023.

Did Lyndon J. Smith pay cash for the Hexcel (HXL) shares reported?

No cash payment was reported. The 557 shares were acquired at a reported price of $0 per share upon conversion of a performance-based share award.

Is the Hexcel (HXL) Form 4 transaction a purchase or an equity award vesting?

The Form 4 shows an acquisition of shares classified as code A, reflecting the vesting/conversion of a performance-based share award (PSA), rather than an open-market purchase.

What role does Lyndon J. Smith hold at Hexcel (HXL)?

According to the filing, Lyndon J. Smith serves as President, Americas & Global Fibers at Hexcel Corporation.