Hexcel executive vests RSUs, withholds shares for tax
Hexcel Corp officer Lyndon John Smith converted 1,666 Restricted Stock Units into the same number of shares of common stock on July 27, 2026.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Hexcel Corp officer Lyndon John Smith converted 1,666 Restricted Stock Units into the same number of shares of common stock on July 27, 2026. Of these, 697 shares were withheld at $109.72 per share to satisfy taxes due on the RSU conversion.
Insider Trade Summary
1,666 shares exercised/converted
Exercise
3 txns
Insider
Smith Lyndon John
Role
see remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2, F3 | 1,666 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,666 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1 | 697 | $109.72 | $76K |
Holdings After Transaction:
Restricted Stock Units — 0 contracts (Direct);
Common Stock — 10,227 shares (Direct)
Footnotes (3)
- F1. Represents shares of common stock of the issuer withheld for the payment of taxes due upon conversion of restricted stock units ("RSUs").
- F2. Each RSU represents a conditional right to recieve one share of common stock of the issuer.
- F3. The RSUs vest and convert into an equivalent number of shares of common stock of the issuer in equal increments on the first three anniversaries of the grant date.
Key Figures
RSUs converted: 1,666 shares
Common stock acquired: 1,666 shares
Shares withheld for taxes: 697 shares
+2 more
5 metrics
RSUs converted
1,666 shares
Restricted Stock Units converted into common stock on July 27, 2026
Common stock acquired
1,666 shares
Shares of Hexcel common stock received upon RSU conversion
Shares withheld for taxes
697 shares
Common shares withheld to pay tax liability on RSU conversion
Tax withholding price
$109.72 per share
Per-share value used for 697 shares withheld for tax obligations
Derivative exercise transactions
1 transaction, 1,666 shares
Exercise or conversion of derivative security (RSUs) reported in the period
Key Terms
Restricted Stock Units, RSUs, Exercise or conversion of derivative security, tax-withholding disposition
4 terms
Restricted Stock Units financial
"Security title reported as "Restricted Stock Units" for the derivative award"
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.
RSUs financial
"payment of taxes due upon conversion of restricted stock units ("RSUs")."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
Exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition" for the F-coded transaction"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Hexcel (HXL) executive Lyndon John Smith report?
Lyndon John Smith reported converting 1,666 RSUs into 1,666 shares of Hexcel common stock. In connection with this RSU conversion, 697 shares were withheld to cover tax obligations rather than being sold on the open market.
How many Hexcel (HXL) RSUs did Lyndon John Smith convert and into what?
He converted 1,666 Restricted Stock Units (RSUs) into 1,666 shares of Hexcel common stock. Each RSU represented a conditional right to receive one share, and this transaction reflects the vesting and settlement of that equity award.
Does this Hexcel (HXL) Form 4 indicate use of a Rule 10b5-1 trading plan?
The Rule 10b5-1 checkbox is not marked as true, so the transactions are not affirmatively reported as made under a Rule 10b5-1 trading plan. The reported activity reflects RSU vesting and related tax withholding.
What happens to the Hexcel (HXL) RSUs after Lyndon John Smith’s conversion?
The 1,666 RSUs were fully converted into shares of Hexcel common stock, leaving no RSUs remaining from that specific award. The related derivative position is reported with zero units following the transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Accepted by SEC EDGAR
Learn about SEC filing dates