Director at Hexcel (NYSE: HXL) gains 2,697 shares via RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hexcel director Nick L. Stanage exercised restricted stock units into common shares. On May 8, 2026, 2,697 RSUs converted into 2,697 shares of Hexcel common stock, reflecting equity compensation rather than an open-market trade. After the transaction, he directly holds 482,911 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,697 shares exercised/converted
Mixed
2 txns
Insider
Stanage Nick L
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,697 | $0.00 | -- |
| Exercise | Common Stock | 2,697 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 482,911 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a conditional right to receive one share of common stock of the issuer. The RSUs vest on the earlier of (a) the first anniversary of the grant date and (b) the date immediately prior to the next annual meeting of stockholders following the grant date and will be converted into an equivalent number of shares of common stock of the issuer.
Key Figures
RSUs exercised: 2,697 units
Common shares received: 2,697 shares
Shares held after transaction: 482,911 shares
+1 more
4 metrics
RSUs exercised
2,697 units
Restricted Stock Units converted on May 8, 2026
Common shares received
2,697 shares
Shares of Hexcel common stock from RSU conversion
Shares held after transaction
482,911 shares
Direct Hexcel common stock holdings following RSU exercise
Exercise transactions
1 transaction
Derivative exercise counted in transaction summary
Key Terms
Restricted Stock Units, derivative exercise/conversion, Form 4, vest
4 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a conditional right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
vest financial
"The RSUs vest on the earlier of (a) the first anniversary of the grant date"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What insider transaction did Hexcel (HXL) report for Nick L. Stanage?
Hexcel reported that director Nick L. Stanage exercised 2,697 restricted stock units into 2,697 shares of common stock on May 8, 2026. This reflects equity compensation vesting, not an open-market purchase or sale of Hexcel shares.
What does the RSU footnote in Hexcel (HXL) Form 4 explain?
The footnote explains each restricted stock unit represents a conditional right to receive one Hexcel common share. It further notes RSUs vest on the earlier of one year after grant or just before the next annual shareholder meeting, then convert into common shares.
How many restricted stock units were exercised in this Hexcel (HXL) Form 4?
The filing shows 2,697 restricted stock units exercised and converted into 2,697 shares of Hexcel common stock. After this exercise, the derivative RSU position reported in the filing dropped to zero, indicating no remaining RSUs of this specific grant.