Hexcel EVP sells 13,829 shares after option exercise
Rhea-AI Filing Summary
HEXCEL CORP (HXL) reports that executive Gail E. Lehman, EVP, Chief Legal and Sustainability Officer, on September 3, 2026 exercised non-qualified stock options to acquire 8,829 shares of common stock at an exercise price of $68.15 per share and 5,000 shares at $65.56 per share. On the same date, she sold 8,829 shares of common stock at a weighted average price of $92.09 per share and 5,000 shares at $92.12 per share in open-market or private transactions, with individual trades in the sale blocks executed between $91.87 and $92.33 per share. No Rule 10b5-1 trading plan is reported for these transactions.
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Insider Trade Summary
Exercise and Sale: 13,829 shares ($344K approx. pre-tax spread)
Exercise and Sale
6 txns
Insider
Lehman Gail E
Role
See Remarks
Sold
13,829 shs ($1.27M)
Approx. gross sale proceeds
$1.27M
Approx. exercise cost
$929K
Approx. pre-tax spread
$344K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-Qualified Stock Options F2 | 8,829 | $0.00 | $0.00 |
| Exercise | Non-Qualified Stock Options F2 | 5,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 8,829 | $68.15 | $602K |
| Sale | Common Stock F1 | 8,829 | $92.09 | $813K |
| Exercise | Common Stock | 5,000 | $65.56 | $328K |
| Sale | Common Stock F1 | 5,000 | $92.12 | $461K |
Holdings After Transaction:
Non-Qualified Stock Options — 5,441 contracts (Direct);
Common Stock — 20,148 shares (Direct)
Footnotes (2)
- F1. This transaction was executed in multiple trades at prices ranging from $91.87 to $92.33. The price reported above reflects the weighted average sale price. The reporting person will provide to the SEC staff, the issuer, or any security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range.
- F2. The non-qualified stock options vest in equal increments on the first three anniversaries of the grant date. The date shown in Table II is the first anniversary of the grant date.
Key Figures
Shares exercised from options: 13,829 shares
Exercise price per share (first option block): $68.15 per share
Exercise price per share (second option block): $65.56 per share
+4 more
7 metrics
Shares exercised from options
13,829 shares
Total common shares underlying options exercised on September 3, 2026
Exercise price per share (first option block)
$68.15 per share
Exercise price for 8,829 shares of common stock
Exercise price per share (second option block)
$65.56 per share
Exercise price for 5,000 shares of common stock
Shares sold
13,829 shares
Common shares sold on September 3, 2026 following option exercises
Weighted average sale price (first sale block)
$92.09 per share
Sale price for 8,829 shares, with individual trades between $91.87 and $92.33
Sale price (second sale block)
$92.12 per share
Sale price for 5,000 shares of common stock
Option expiration dates
January 29, 2028 and January 28, 2029
Expiration dates for the non-qualified stock option grants exercised
Key Terms
Non-Qualified Stock Options, weighted average sale price, grant date
3 terms
Non-Qualified Stock Options financial
"The non-qualified stock options vest in equal increments on the first three anniversaries"
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.
weighted average sale price financial
"The price reported above reflects the weighted average sale price."
grant date financial
"The non-qualified stock options vest in equal increments on the first three anniversaries of the grant date."
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.
FAQ
What did Hexcel (HXL) executive Gail E. Lehman do on September 3, 2026?
She exercised non-qualified stock options to acquire 13,829 Hexcel common shares, then sold 8,829 shares at a weighted average of $92.09 and 5,000 shares at $92.12 in open-market or private transactions on the same date.
How many Hexcel (HXL) options did Gail E. Lehman exercise and at what prices?
She exercised options covering 8,829 shares at an exercise price of $68.15 per share, granted with an exercise period running to January 29, 2028, and 5,000 shares at $65.56 per share, with an exercise period running to January 28, 2029.
Were Gail E. Lehman’s Hexcel (HXL) transactions under a Rule 10b5-1 plan?
No. The filing indicates no Rule 10b5-1 trading plan is reported for the September 3, 2026 option exercises and related stock sales.
What position does Gail E. Lehman hold at Hexcel (HXL)?
Gail E. Lehman is identified as Hexcel’s Executive Vice President, Chief Legal and Sustainability Officer in connection with the reported stock option exercises and share sales.
AI-generated analysis. How Rhea-AI works. Not financial advice.
