Evans Amy S 4

What Happened
Amy S. Evans, Senior Vice President and Chief Accounting Officer of Hexcel Corporation (HXL), was reported to have acquired 347 shares on January 21, 2026. The Form 4 shows the acquisition as an award/other (code A) at a reported 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; Form 4 filed: 2026-01-23 (appears timely — within the typical 2-business-day reporting window).
• Transaction type/code: Award/Grant (A) — conversion of a performance-based share award.
• Shares acquired: 347; reported acquisition price: $0.00 (per filing).
• Footnote: Represents shares acquired upon conversion of a performance-based share award (PSA) tied to financial performance criteria under the award agreement dated Jan 30, 2023.
• Shares owned after transaction: not specified in the provided filing details.

Context
This was an award conversion (compensation), not an open-market purchase or sale. Such PSA conversions reflect achievement of performance targets and are a form of employee compensation rather than a direct signal of the insider buying or selling stock.