Director at Hexcel (NYSE: HXL) receives 1,792 RSUs in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HACHEY GUY C reported acquisition or exercise transactions in this Form 4 filing.
Hexcel Corp director Guy C. Hachey received a grant of 1,792 restricted stock units (RSUs). Each RSU represents the right to receive one share of Hexcel common stock. The RSUs vest on the earlier of the first anniversary of the grant or just before the next annual stockholder meeting and will be settled in shares after he leaves the board.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
HACHEY GUY C
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, in accordance with the reporting person's deferral election, will be converted into an equivalent number of shares of common stock of the issuer following the date the reporting person ceases to be a member of the board of directors of the issuer.
Key Figures
RSUs granted: 1,792 units
Underlying shares: 1,792 shares
Grant price: $0.00 per unit
3 metrics
RSUs granted
1,792 units
Equity award to director Guy C. Hachey
Underlying shares
1,792 shares
Common stock deliverable upon RSU settlement
Grant price
$0.00 per unit
Restricted stock unit grant, no purchase price
Key Terms
Restricted Stock Units, RSU, deferral election, 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.
deferral election financial
"in accordance with the reporting person's deferral election, will be converted into an equivalent number of shares"
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 Guy C. Hachey report?
Director Guy C. Hachey reported receiving 1,792 restricted stock units as an equity award. These RSUs are a form of stock-based compensation, giving him the right to receive an equivalent number of Hexcel common shares in the future.
How many Hexcel (HXL) restricted stock units were granted in this Form 4?
The Form 4 shows a grant of 1,792 restricted stock units. Each RSU represents a conditional right to receive one share of Hexcel common stock, subject to the vesting and settlement terms detailed in the filing’s footnotes.
When do Guy C. Hachey’s Hexcel (HXL) RSUs vest?
The RSUs vest on the earlier of the first anniversary of the grant date or immediately before the next annual stockholder meeting. This time-based vesting schedule ties the award to continued board service over roughly a one-year period.