Hexcel (HXL) director exercises options, 57,174 shares disposed
Rhea-AI Filing Summary
Hexcel director Nick L. Stanage exercised 70,293 non-qualified stock options on 2026-07-23 at a conversion price of $74.74 per share, acquiring the same number of common shares. A further 57,174 common shares were disposed of at $110.70 per share in a transaction coded for payment of the exercise price or tax liability. The specific option grant reported now has 0 options outstanding.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 13,119 shares
Net Buy
3 txns
Insider
Stanage Nick L
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-Qualified Stock Options F1 | 70,293 | $0.00 | $0.00 |
| Exercise | Common Stock | 70,293 | $74.74 | $5.25M |
| Exercise Price or Tax Liability | Common Stock | 57,174 | $110.70 | $6.33M |
Holdings After Transaction:
Non-Qualified Stock Options — 0 shares (Direct);
Common Stock — 509,363 shares (Direct)
Footnotes (1)
- F1. The non-qualified stock options vest in equal increments on the first three anniversaries of the grant date.
Key Figures
Options exercised: 70,293 shares
Option exercise price: $74.74 per share
Common shares acquired: 70,293 shares
+3 more
6 metrics
Options exercised
70,293 shares
Non-qualified stock options exercised on 2026-07-23
Option exercise price
$74.74 per share
Conversion or exercise price of the non-qualified stock options
Common shares acquired
70,293 shares
Hexcel common stock received from the option exercise
Shares disposed for obligations
57,174 shares
Common stock disposition coded F for exercise price or tax liability
Disposition price
$110.70 per share
Per-share price in the F-coded common stock disposition
Option expiration date
2030-02-06
Expiration date of the exercised non-qualified stock options grant
Key Terms
Non-Qualified Stock Options, Exercise or conversion of derivative security, Payment of exercise price or tax liability by delivering or withholding securities
3 terms
Non-Qualified Stock Options financial
"Security title reported as Non-Qualified Stock Options in the derivative transaction"
Non-qualified stock options are a type of employee benefit that gives individuals the right to buy company shares at a set price, usually lower than the market value, within a certain period. Unlike other options that may have special tax advantages, these options are taxed as income when exercised, which can affect how much money the employee or investor ultimately gains. They are important because they can influence company compensation strategies and impact the financial outcomes for employees and investors.
Exercise or conversion of derivative security financial
"Transaction code M described as Exercise or conversion of derivative security"
Payment of exercise price or tax liability by delivering or withholding securities financial
"Transaction code F described as Payment of exercise price or tax liability by delivering or withholding securities"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Hexcel (HXL) director Nick L. Stanage report in this Form 4?
Director Nick L. Stanage reported exercising 70,293 non-qualified stock options, receiving the same number of Hexcel common shares. In a related F-coded transaction, 57,174 shares were disposed of to pay the option exercise price or associated tax liability.
How many Hexcel (HXL) options did Nick L. Stanage exercise and at what price?
He exercised 70,293 non-qualified stock options with a conversion or exercise price of $74.74 per share. The exercise converted these derivative securities into an equal number of Hexcel common shares on 2026-07-23, eliminating this specific option position.
Were Nick L. Stanage’s Hexcel (HXL) transactions reported under a Rule 10b5-1 plan?
The filing’s Rule 10b5-1 checkbox is not marked as affirmative, so these transactions are not described as made under a Rule 10b5-1 trading plan. No additional footnote in this report states that a pre-arranged trading plan governed the transactions.
What happened to the exercised Hexcel (HXL) non-qualified stock options after the transaction?
After exercising 70,293 non-qualified stock options, the reported post-transaction balance for that specific option grant is 0 options. This indicates the entire remaining amount of that grant was exercised and no options from it remain outstanding for future exercise.
How did the Hexcel (HXL) non-qualified stock options held by Nick L. Stanage vest?
According to a footnote, the non-qualified stock options vest in equal increments on the first three anniversaries of the grant date. This means the award becomes exercisable over three years, rather than all at once on the original grant date.