Tax withholding trims Hexcel (NYSE: HXL) director Stanage’s share balance
Filing Impact
Filing Sentiment
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 Trade Summary
1 transaction reported
Mixed
1 txn
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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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.
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.