Hexcel (NYSE: HXL) director David H. Li granted 1,792 RSUs
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Li David H
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,792 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 1,792 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a conditional right to receive one share of common stock of the issuer. 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
RSUs granted: 1,792 units
Grant price per unit: $0.00
Underlying common shares: 1,792 shares
+1 more
4 metrics
RSUs granted
1,792 units
Restricted Stock Units granted to David H. Li
Grant price per unit
$0.00
Stated transaction price per RSU
Underlying common shares
1,792 shares
Each RSU represents one share of common stock
Holdings after grant
1,792 RSUs
Total derivative holdings following this RSU award
Key Terms
Restricted Stock Units, RSU, vest, annual meeting of stockholders
4 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a conditional right to receive one share of common stock"
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.
RSU financial
"Each restricted stock unit ("RSU") represents a conditional right to receive one share"
Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.
vest financial
"The RSUs vest on the earlier of (a) the first anniversary of the grant date"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
annual meeting of stockholders financial
"the date immediately prior to the next annual meeting of stockholders following the grant date"
FAQ
What insider transaction did Hexcel (HXL) director David H. Li report?
David H. Li reported receiving 1,792 restricted stock units as equity compensation. These units are a form of stock-based award that convert into common shares after meeting vesting conditions, rather than an open-market stock purchase or sale.
When do David H. Li’s Hexcel (HXL) RSUs vest?
The RSUs vest on the earlier of the first anniversary of the grant date or immediately before Hexcel’s next annual meeting of stockholders. At vesting, all 1,792 units convert into the same number of common shares, assuming continued service conditions are met.
How is the RSU award held by Hexcel (HXL) director David H. Li classified?
The 1,792 restricted stock units are reported as directly owned derivative securities. Each RSU represents a conditional right to receive one share of Hexcel common stock once the vesting terms tied to time and the next annual meeting are satisfied.