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Hexcel (HXL) officer Lyndon John Smith converts RSUs, withholds shares for taxes

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Hexcel Corporation officer Lyndon John Smith, President, Americas & Global Fibers, reported routine equity compensation activity. On January 29 and 30, 2026, restricted stock units (RSUs) for 384 and 214 shares of common stock converted at an exercise price of $0 per share. To cover taxes on these RSU conversions, the issuer withheld 182 shares at $84.56 per share and 101 shares at $82.81 per share. After these transactions, Smith directly owned 9,521 shares of Hexcel common stock. Each RSU represents a conditional right to receive one share of common stock and vests in equal increments on the first three anniversaries of the grant date.

Positive

  • None.

Negative

  • None.
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
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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)
01/29/2026
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 01/29/2026 M 384 A $0 9,590 D
Common Stock 01/29/2026 F 182(1) D $84.56 9,408 D
Common Stock 01/30/2026 M 214 A $0 9,622 D
Common Stock 01/30/2026 F 101(1) D $82.81 9,521 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
Restricted Stock Units (2) 01/29/2026 M 384 (3) (3) Common Stock 384 $0 384 D
Restricted Stock Units (2) 01/30/2026 M 214 (3) (3) Common Stock 214 $0 0 D
Explanation of Responses:
1. Represents shares of common stock of the issuer withheld for the payment of taxes due upon conversion of restricted stock units ("RSUs")
2. Each restricted stock unit ("RSU") represents a conditional right to receive one share of common stock of the issuer.
3. 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.
Remarks:
President, Americas & Global Fibers
/s/ Heather M. DeGregorio, as attorney-in-fact for Lyndon J. Smith 02/02/2026
** 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 transactions did Hexcel (HXL) report for Lyndon John Smith?

Hexcel reported that officer Lyndon John Smith converted restricted stock units into common shares and had some shares withheld for taxes. RSU conversions occurred on January 29 and 30, 2026, with related tax-withholding sales recorded at the market prices shown in the filing.

How many Hexcel (HXL) shares did Lyndon John Smith acquire through RSU conversions?

Lyndon John Smith acquired 384 Hexcel common shares on January 29, 2026, and 214 shares on January 30, 2026, through RSU conversions at an exercise price of $0 per share, reflecting previously granted equity awards vesting into actual common stock.

How many Hexcel (HXL) shares were withheld for taxes in this Form 4?

The company withheld 182 shares of Hexcel common stock at $84.56 per share on January 29, 2026, and 101 shares at $82.81 per share on January 30, 2026. These withheld shares were used to satisfy tax obligations from RSU conversions.

What is Lyndon John Smith’s Hexcel (HXL) share ownership after these transactions?

Following the reported RSU conversions and tax withholdings, Lyndon John Smith directly owned 9,521 shares of Hexcel common stock. This figure reflects the net effect of shares acquired from vested RSUs and shares withheld to cover related tax liabilities.

How do Hexcel (HXL) restricted stock units (RSUs) work in this Form 4?

Each Hexcel RSU represents a conditional right to receive one share of common stock. The RSUs vest and convert into an equivalent number of common shares in equal increments on the first three anniversaries of the original grant date, as described in the footnotes.

What position does Lyndon John Smith hold at Hexcel (HXL)?

Lyndon John Smith is identified as an officer of Hexcel Corporation with the title “President, Americas & Global Fibers.” The Form 4 indicates he is not a director or 10% owner but reports transactions as a company officer.
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75.03M
Aerospace & Defense
Plastic Materials, Synth Resins & Nonvulcan Elastomers
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United States
STAMFORD