Lehman Gail E 4

What Happened Gail E. Lehman, Executive Vice President and Chief Legal and Sustainability Officer of Hexcel Corp (HXL), was granted/received 2,516 shares on January 21, 2026. The shares were reported at $0.00 per share because they were issued upon conversion of a previously granted performance-based share award (PSA), so no cash purchase occurred.

Key Details

• Transaction date: 2026-01-21; Filing date: 2026-01-23 (filed within the typical two-business-day SEC deadline).
• Shares received: 2,516; Reported acquisition price: $0.00; reported dollar value: $0.
• Footnote: Shares were issued upon conversion of a PSA based on attainment of specified financial performance criteria under the award agreement dated January 30, 2023.
• Shares owned after the transaction: not specified in the filing.
• Transaction code: A (award/grant/acquisition).

Context

• This was an award conversion (not an open-market purchase or a sale). Such awards reflect compensation or incentive-plan outcomes tied to performance criteria rather than an insider buying or selling shares for market exposure.
• Awards converted from PSAs indicate performance targets were met to the extent required by the original agreement; they do not, by themselves, indicate the insider’s personal view on the stock’s future price.