Hexcel director granted 277 RSUs
HEXCEL CORP (HXL) director Patricia Hubbard received a grant of 277 Restricted Stock Units (RSUs).
Rhea-AI Filing Summary
HEXCEL CORP (HXL) director Patricia Hubbard received a grant of 277 Restricted Stock Units (RSUs). The award was reported as a compensation-related acquisition, not an open-market trade, with a stated price of $0.00 per unit.
Each RSU represents a conditional right to receive one share of Hexcel common stock. According to the deferral terms, the 277 underlying shares will be issued after Hubbard ceases to be a member of Hexcel’s board of directors, effectively postponing delivery of the stock until she leaves the board.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 277 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each restricted stock unit ("RSU") represents a conditional right to receive one share of common stock of the issuer.
- F2. In accordance with the reporting person's deferral election, the shares of common stock underlying the RSUs will be converted into an equivalent number of shares of common stock of the issuer following the date the reporting person ceases to be a member of the board of directors of the issuer.
Key Figures
Key Terms
Restricted Stock Units financial
conditional right financial
deferral election financial
grant, award, or other acquisition financial
FAQ
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What insider transaction did Hexcel (HXL) director Patricia Hubbard report?
Was cash paid for Patricia Hubbard’s Hexcel (HXL) RSU award?
Does this Hexcel (HXL) Form 4 indicate insider buying or selling in the market?
AI-generated analysis. How Rhea-AI works. Not financial advice.