Hexcel (HXL) director Nick Stanage exercises options, now holds 445,781 shares

Rhea-AI Filing Summary

Hexcel Corporation director Nick L. Stanage reported option exercises and share withholding for taxes. On January 8, 2026, he exercised an employee stock option for 64,812 shares of Hexcel common stock at an exercise price of $41.71 per share, converting the derivative position into directly held common shares. On the same date, 47,124 shares of common stock were disposed of in a transaction coded "F" at $78.80 per share, which typically reflects shares withheld to cover taxes in connection with the exercise. After these transactions, Stanage directly owned 445,781 shares of Hexcel common stock.

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

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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^*

Stanage Nick L

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
01/08/2026

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	01/08/2026		M		64,812	A	$41.71	492,905	D
Common Stock	01/08/2026		F		47,124	D	$78.8	445,781	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
Employee Stock Option (Right to Buy)	$41.71	01/08/2026		M			64,812	01/26/2017	01/26/2026	Common Stock	64,812	$0	0	D

Explanation of Responses:

	/s/Heather M. DeGregorio, as attorney-in-fact for Nick L. Stanage	01/09/2026
	** 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.

FAQ

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

Nick L. Stanage reported exercising an employee stock option for 64,812 shares of Hexcel common stock on January 8, 2026, converting a derivative position into directly owned shares.

At what prices did the reported Hexcel (HXL) insider transactions occur?

The option exercise related to 64,812 shares had an exercise price of $41.71 per share, and the subsequent "F" transaction for 47,124 shares was reported at $78.80 per share.

How many Hexcel (HXL) shares does Nick L. Stanage hold after the Form 4 transactions?

Following the reported transactions on January 8, 2026, Nick L. Stanage directly owned 445,781 shares of Hexcel common stock.

What does the transaction code "M" mean in the Hexcel (HXL) Form 4?

The code "M" indicates the exercise or conversion of a derivative security, in this case an employee stock option, into 64,812 shares of Hexcel common stock.

What does the transaction code "F" represent in the Hexcel (HXL) insider filing?

The code "F" refers to a disposition of 47,124 shares of common stock, typically used when shares are withheld to satisfy tax obligations associated with an equity award transaction.

Is the Hexcel (HXL) Form 4 transaction held directly or indirectly by the reporting person?

The Form 4 lists all reported positions as held with direct (D) ownership by Nick L. Stanage, with no indirect ownership entity disclosed.