Hexcel (NYSE: HXL) director reports RSU grant and share conversion

Rhea-AI Filing Summary

Hexcel Corporation director David H. Li reported equity award and conversion activity involving the company’s stock. On January 9, 2026, he received 272 restricted stock units (RSUs), each representing a conditional right to one share of Hexcel common stock, which will convert into shares on the first anniversary of the grant date.

On January 10, 2026, 341 RSUs were converted at $0 per unit into 341 shares of common stock. Following this conversion, Li directly owned 1,085 shares of Hexcel common stock.

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

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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 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)
01/09/2026

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	01/10/2026		M		341	A	$0	1,085	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)	01/09/2026		A		272		(2)	(2)	Common Stock	272	$0	272	D
Restricted Stock Units	(1)	01/10/2026		M			341	(2)	(2)	Common Stock	341	$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	01/13/2026
	** 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.
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FAQ

What insider activity did Hexcel (HXL) report for David H. Li?

Hexcel reported that director David H. Li received 272 RSUs on January 9, 2026 and had 341 RSUs convert into 341 shares of common stock on January 10, 2026.

How many Hexcel (HXL) shares does David H. Li own after this Form 4?

After the reported transactions, David H. Li directly owned 1,085 shares of Hexcel common stock.

What are the terms of the RSUs granted to David H. Li at Hexcel (HXL)?

Each RSU gives David H. Li a conditional right to receive one share of Hexcel common stock, with the shares underlying the 272 RSUs scheduled to convert on the first anniversary of the grant date.

What was the transaction price for the Hexcel (HXL) RSU conversion?

The 341 RSUs were converted into 341 shares of Hexcel common stock at a stated price of $0 per unit, as shown in the Form 4.

What types of securities are involved in this Hexcel (HXL) Form 4 filing?

The Form 4 reports transactions in two types of securities: Restricted Stock Units (RSUs) and the underlying Hexcel common stock that the RSUs convert into.

Is David H. Li an officer or a director of Hexcel (HXL)?

According to the filing, David H. Li is a director of Hexcel Corporation and is not listed as an officer or 10% owner.