Hexcel (NYSE: HXL) executive converts 220 RSUs; 87 shares withheld to pay taxes
Rhea-AI Filing Summary
Lyndon John Smith, President, Americas & Global Fibers of Hexcel, converted 220 restricted stock units into 220 shares of common stock on July 29, 2026. The issuer withheld 87 of those shares at $105.61 per share to cover taxes, leaving 442 RSUs outstanding that vest in three annual installments.
Positive
- None.
Negative
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Insider Trade Summary
Net Buyer: 133 shares
Net Buy
3 txns
Insider
Smith Lyndon John
Role
see remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2, F3 | 220 | $0.00 | $0.00 |
| Exercise | Common Stock | 220 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1 | 87 | $105.61 | $9K |
Holdings After Transaction:
Restricted Stock Units — 442 shares (Direct);
Common Stock — 10,360 shares (Direct)
Footnotes (3)
- F1. Represents shares of common stock of the issuer withheld for the payment of taxes due upon conversion of restricted stock units ("RSUs").
- F2. Each RSU represents a conditional right to recieve one share of common stock of the issuer.
- F3. The RSUs vest and convert into an equivalent number of shares of common stock of the issuer in equal increments on the first three anniversaries of the grant date.
Key Figures
RSUs converted: 220 units
Shares withheld for taxes: 87 shares
Withholding price: $105.61 per share
+1 more
4 metrics
RSUs converted
220 units
Restricted stock units converted into common stock on July 29, 2026
Shares withheld for taxes
87 shares
Common shares withheld to satisfy tax obligations upon RSU conversion
Withholding price
$105.61 per share
Value used for the 87 shares withheld for taxes
RSUs remaining
442 units
Restricted stock units held after the reported conversion
Key Terms
Restricted Stock Units, conditional right, vest and convert, tax-withholding disposition
4 terms
Restricted Stock Units financial
"Represents shares of common stock of the issuer withheld for the payment of taxes due upon conversion of restricted stock units"
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.
conditional right financial
"Each RSU represents a conditional right to recieve one share of common stock"
vest and convert financial
"The RSUs vest and convert into an equivalent number of shares of common stock"
tax-withholding disposition financial
"Payment of tax liability by delivering or withholding securities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Hexcel (HXL) executive Lyndon John Smith report?
Lyndon John Smith reported conversion of 220 restricted stock units into 220 Hexcel common shares on July 29, 2026. In connection with this vesting, 87 shares were withheld to satisfy tax obligations, and RSUs continue vesting in three equal annual installments.
What RSU position does Lyndon John Smith hold at Hexcel (HXL) after this transaction?
After the July 29, 2026 conversion, Lyndon John Smith is shown holding 442 restricted stock units. According to the disclosure, these RSUs vest and convert into an equivalent number of Hexcel common shares in equal increments on the first three anniversaries of the grant date.
Was the Hexcel (HXL) insider transaction done under a Rule 10b5-1 plan?
The Form 4’s Rule 10b5-1 checkbox was not marked as being pursuant to such a plan. The transactions therefore were not identified as pre-arranged under a Rule 10b5-1 trading plan based on the information included in this specific filing.
What type of equity award did Hexcel (HXL) use in Lyndon John Smith’s transaction?
The transaction involved Restricted Stock Units (RSUs), each representing a conditional right to receive one Hexcel common share. These RSUs vest and automatically convert into shares in equal installments on the first three anniversaries of the original grant date.