HEXCEL CORP /DE/·4

Jan 23, 4:30 PM ET

Evans Amy S 4

Research Summary

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Hexcel (HXL) SVP Amy S. Evans Receives 347-Share Award

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.