Hexcel director exercises 70,293 stock options

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.

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.

Insider Trade Summary

70,293 shares exercised/converted

Exercise 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 contracts (Direct); Common Stock — 509,363 shares (Direct)

Footnotes (1)

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"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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.

How many Hexcel (HXL) shares were disposed of to cover exercise or tax obligations?

A total of 57,174 common shares were disposed of at $110.70 per share in a transaction coded F. This code indicates payment of the exercise price or tax liability by delivering or withholding Hexcel shares rather than through a separate cash transaction.

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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 07/24/2026 - 04:30 PM EDT Learn about SEC filing dates

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 CONNECTICUT 06901

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/23/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	07/23/2026		M		70,293	A	$74.74	566,537	D
Common Stock	07/23/2026		F		57,174	D	$110.7	509,363	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
Non-Qualified Stock Options	$74.74	07/23/2026		M			70,293	02/06/2021(1)	02/06/2030	Common Stock	70,293	$0	0	D

Explanation of Responses:

1. The non-qualified stock options vest in equal increments on the first three anniversaries of the grant date.

	/s/Heather M. DeGregorio, as attorney-in-fact for Nick L. Stanage	07/24/2026
	** 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.
* Form 4: SEC 1474 (03-26)