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Tax withholding trims Hexcel (NYSE: HXL) director Stanage’s share balance

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

Rhea-AI Filing Summary

Hexcel Corporation director Nick L. Stanage reported a routine tax-related share withholding. On January 30, 2026, 9,060 shares of Hexcel common stock were withheld at $82.81 per share to cover taxes due upon conversion of a performance-based share award.

After this withholding, Stanage beneficially owned 456,784 shares of Hexcel common stock directly.

Positive

  • None.

Negative

  • None.
Insider Stanage Nick L
Role Director
Type Security Shares Price Value
Tax Withholding Common Stock 9,060 $82.81 $750K
Holdings After Transaction: Common Stock — 456,784 shares (Direct)
Footnotes (1)
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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*
Stanage Nick L

(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)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
01/30/2026
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 01/30/2026 F 9,060(1) D $82.81 456,784 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
Explanation of Responses:
1. Represents shares of common stock of the issuer withheld for the payment of taxes due upon the conversion of a performance-based share award reported on the reporting person's Form 4 filed on January 23, 2026.
/s/ Heather M. DeGregorio, as attorney-in-fact for Nick L. Stanage 02/03/2026
** 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 did Hexcel (HXL) director Nick L. Stanage report on this Form 4?

Nick L. Stanage reported a tax-related share withholding. On January 30, 2026, 9,060 Hexcel common shares were withheld at $82.81 per share to pay taxes due on a performance-based share award conversion previously disclosed on January 23, 2026.

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

A total of 9,060 Hexcel common shares were withheld for taxes. The shares were withheld at a price of $82.81 per share to satisfy tax obligations arising from the conversion of a performance-based share award held by director Nick L. Stanage.

How many Hexcel (HXL) shares does Nick L. Stanage own after this transaction?

After the transaction, Stanage beneficially owns 456,784 Hexcel shares. These shares are held directly following the withholding of 9,060 shares used to cover tax liabilities from a performance-based share award conversion reported earlier in January 2026.

Was this Hexcel (HXL) Form 4 a market sale by Nick L. Stanage?

No, it was not an open market sale. The 9,060 Hexcel shares were withheld by the issuer to pay taxes due upon the conversion of a performance-based share award, rather than sold by Stanage in the open market.

What is the transaction code used in this Hexcel (HXL) Form 4?

The Form 4 uses transaction code "F" for the event. Code F indicates shares were used to pay tax withholding obligations, here involving 9,060 shares of Hexcel common stock tied to a performance-based share award conversion.

What role does Nick L. Stanage hold at Hexcel (HXL) in this filing?

Nick L. Stanage is identified as a director of Hexcel Corporation. The Form 4 confirms his relationship to the issuer as a director, with this filing reporting tax-withholding related to his performance-based equity compensation award.
Hexcel Corp

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6.01B
75.14M
Aerospace & Defense
Plastic Materials, Synth Resins & Nonvulcan Elastomers
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United States
STAMFORD