Hexcel (HXL) SVP, Chief Accounting Officer converts RSUs and withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hexcel Corporation officer Amy S. Evans reported routine equity compensation activity. On January 27, 2026, 324 restricted stock units converted into 324 shares of Hexcel common stock at $0 exercise price. To cover taxes on this RSU conversion, 131 shares of common stock were withheld at a price of $81.57 per share.
After these transactions, Evans directly held 3,271 shares of Hexcel common stock and 649 restricted stock units. Each RSU represents a conditional right to receive one share of Hexcel common stock, vesting in equal installments on the first three anniversaries of the grant date. Evans serves as SVP, Chief Accounting Officer of Hexcel.
Positive
- None.
Negative
- None.
Insider Trade Summary
324 shares exercised/converted
Mixed
3 txns
Insider
Evans Amy S
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 324 | $0.00 | -- |
| Exercise | Common Stock | 324 | $0.00 | -- |
| Tax Withholding | Common Stock | 131 | $81.57 | $11K |
Holdings After Transaction:
Restricted Stock Units — 649 shares (Direct);
Common Stock — 3,402 shares (Direct)
Footnotes (1)
- Represents shares of common stock of the issuer withheld for the payment of taxes due upon conversion of restricted stock units ("RSUs") Each restricted stock unit ("RSU") represents a conditional right to receive one share of common stock of the issuer. The RSU's 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.
FAQ
What insider transactions did Amy S. Evans report at Hexcel (HXL)?
Amy S. Evans reported the conversion of 324 restricted stock units into 324 Hexcel common shares and the withholding of 131 shares to pay taxes. These transactions are part of routine equity compensation rather than an open-market purchase or sale.
Were Amy S. Evans’ Hexcel (HXL) transactions open-market trades?
No, the Form 4 shows equity compensation activity, not open-market trades. RSUs converted into common stock at a zero exercise price, and shares were withheld at $81.57 per share solely to satisfy tax obligations on the RSU conversion.
What does the tax withholding transaction mean in this Hexcel (HXL) Form 4?
The filing states that 131 Hexcel common shares were withheld to pay taxes owed when restricted stock units converted into shares. This is a common mechanism where the issuer retains shares rather than the insider selling stock in the market to cover tax liabilities.
What role does Amy S. Evans hold at Hexcel (HXL)?
The Form 4 identifies Amy S. Evans as an officer of Hexcel, with the remarks specifying her title as SVP, Chief Accounting Officer. The reported RSU conversion and tax withholding transactions relate to her compensation as a senior executive of the company.
How do the restricted stock units in this Hexcel (HXL) filing vest?
Each restricted stock unit represents a conditional right to one Hexcel common share. The filing notes that these RSUs vest and convert into an equivalent number of shares in equal increments on the first three anniversaries of the original grant date.