Hexcel director acquires shares, granted new RSUs

Hexcel Corp director David H Li reported acquiring 373 shares of Common Stock on July 10, 2026 through exercise or conversion of a derivative security previously granted as restricted stock units.

Rhea-AI Filing Summary

Hexcel Corp director David H Li reported acquiring 373 shares of Common Stock on July 10, 2026 through exercise or conversion of a derivative security previously granted as restricted stock units. Following this transaction, he holds 4,612 Common Stock shares directly and 239 Restricted Stock Units, each representing a conditional right to receive one share of common stock that will convert on the first anniversary of the grant date.

Insider Trade Summary

373 shares exercised/converted

Exercise 3 txns

Insider Li David H

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units F1, F2	239	$0.00	$0.00
Exercise	Common Stock	373	$0.00	$0.00
Exercise	Restricted Stock Units F1, F2	373	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 239 contracts (Direct); Common Stock — 4,612 shares (Direct)

Footnotes (2)

1. F1. Each restricted stock unit ("RSU") represents a conditional right to receive one share of common stock of the issuer.
2. F2. The shares of common stock underlying the RSUs will be converted into an equivalent number of shares of common stock of the issuer on the first anniversary of the date of grant.

Key Figures

Common shares acquired via conversion: 373 shares Direct Common Stock holdings after transaction: 4,612 shares New Restricted Stock Units granted: 239 units +2 more

5 metrics

Common shares acquired via conversion 373 shares Common Stock acquired on July 10, 2026 through exercise or conversion of derivative security

Direct Common Stock holdings after transaction 4,612 shares Direct Hexcel Common Stock position following July 10, 2026 transactions

New Restricted Stock Units granted 239 units RSUs granted to David H Li on July 10, 2026, each tied to one Common Stock share

Underlying common shares per RSU 1 share per unit Each RSU represents a conditional right to receive one share of Hexcel common stock

RSU conversion timing First anniversary of grant Common shares underlying RSUs convert into an equivalent number of shares on the first anniversary of the grant date

Key Terms

Restricted Stock Units, derivative security, conditional right

3 terms

Restricted Stock Units financial

"Each restricted stock unit ("RSU") represents a conditional right to receive one share"

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.

derivative security financial

"transaction_code_description": "Exercise or conversion of derivative security""

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

conditional right financial

"represents a conditional right to receive one share of common stock"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Hexcel (HXL) director David H Li report acquiring in this Form 4?

Director David H Li reported acquiring 373 shares of Hexcel Common Stock on July 10, 2026. The shares came from exercising or converting previously granted restricted stock units, not from an open-market purchase or sale transaction.

How many Hexcel (HXL) Common Stock shares does David H Li hold after the reported transactions?

After the July 10, 2026 transactions, David H Li directly holds 4,612 shares of Hexcel Common Stock. This figure reflects his updated direct ownership position immediately following the exercise or conversion of derivative securities reported.

What new Restricted Stock Units did David H Li receive from Hexcel (HXL)?

On July 10, 2026, David H Li received a grant of 239 Restricted Stock Units (RSUs). Each RSU represents a conditional right to receive one Hexcel common share and will convert into the same number of shares on the first anniversary of the grant date.

How do the Restricted Stock Units reported for Hexcel (HXL) convert into shares?

Each Restricted Stock Unit (RSU) represents a conditional right to receive one Hexcel common share. The filing states that the common shares underlying the RSUs will be converted into an equivalent number of shares on the first anniversary of the grant date.

Were there any open-market buys or sells by David H Li in this Hexcel (HXL) Form 4?

No open-market buys or sells are reported. The filing shows an exercise or conversion of previously granted derivative securities and a new RSU grant, both classified as acquisition-type transactions rather than discretionary market trading.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 07/13/2026 - 06:49 PM EDT Learn about SEC filing dates

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^*

Li David H

(Last) (First) (Middle)

C/O HEXCEL CORPORATION

281 TRESSER BLVD.

(Street)

STAMFORD CONNECTICUT 06901

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/10/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	07/10/2026		M		373	A	$0	4,612	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	(1)	07/10/2026		A		239		(2)	(2)	Common Stock	239	$0	239	D
Restricted Stock Units	(1)	07/10/2025		M			373	(2)	(2)	Common Stock	373	$0	0	D

Explanation of Responses:

1. Each restricted stock unit ("RSU") represents a conditional right to receive one share of common stock of the issuer.

2. The shares of common stock underlying the RSUs will be converted into an equivalent number of shares of common stock of the issuer on the first anniversary of the date of grant.

	/s/ Heather M. DeGregorio, as attorney-in-fact for David H. Li	07/13/2026
	** 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.
* Form 4: SEC 1474 (03-26)