Smith Lyndon John 4

What Happened

• Smith Lyndon John (Lyndon J. Smith), President, Americas & Global Fibers at Hexcel Corp. (HXL), was issued 557 shares on 2026-01-21. The shares were reported at an acquisition price of $0.00, reflecting conversion of a performance-based share award rather than an open-market purchase.

Key Details

• Transaction date: 2026-01-21; Filing date: 2026-01-23 (filed within the Form 4 deadline).
• Shares acquired: 557; reported acquisition price: $0.00; total reported cash value: $0.
• Footnote: Conversion of a performance-based share award (PSA) tied to specified financial performance criteria under the award agreement dated January 30, 2023.
• Shares owned after transaction: not specified in the filing.
• No 10b5-1 plan, tax-withholding sale, or other sale/transfer noted in this Form 4.

Context

• This was an award conversion (compensation) based on performance attainment, not an open-market purchase or sale. Such issuances reflect company compensation practices and achievement of performance targets; they are not direct indicators that an insider is buying or selling shares in the market.