Hexcel director granted 1,792 RSUs
Hexcel Corp director David H. Li received a grant of 1,792 restricted stock units (RSUs).
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Rhea-AI Filing Summary
Hexcel Corp director David H. Li received a grant of 1,792 restricted stock units (RSUs). These RSUs were awarded at no cash cost to him as equity-based compensation and each unit represents a conditional right to receive one share of Hexcel common stock.
The RSUs will vest on the earlier of the first anniversary of the grant date or immediately before the next annual meeting of stockholders. Once vested, they will convert into 1,792 shares of Hexcel common stock, which Li will then hold directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,792 | $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. The RSUs vest on the earlier of (a) the first anniversary of the grant date and (b) the date immediately prior to the next annual meeting of stockholders following the grant date and will be converted into an equivalent number of shares of common stock of the issuer.
Key Figures
Key Terms
Restricted Stock Units financial
RSU financial
vest financial
annual meeting of stockholders financial
FAQ
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What insider transaction did Hexcel (HXL) director David H. Li report?
When do David H. Li’s Hexcel (HXL) RSUs vest?
How is the RSU award held by Hexcel (HXL) director David H. Li classified?
AI-generated analysis. How Rhea-AI works. Not financial advice.