Evans Amy S 4
Research Summary
AI-generated summary
Hexcel (HXL) SVP Amy Evans Receives RSUs; Shares Withheld for Taxes
What Happened
- Amy S. Evans, Senior VP and Chief Accounting Officer of Hexcel (HXL), had 324 restricted stock units (RSUs) convert into common shares on Jan 27, 2026. Of those, 131 shares were withheld to satisfy tax withholding at $81.57 per share (total value withheld $10,686). The conversion/vesting is recorded as a derivative exercise (code M) and the withholding as a tax payment (code F).
- Net shares delivered to Evans after withholding: 193 shares. This was a compensation-related vesting event (award conversion), not an open-market purchase or investment sale.
Key Details
- Transaction date: 2026-01-27; Filing date: 2026-01-28.
- Conversion/vesting: 324 RSUs -> 324 shares at $0.00 (code M).
- Tax withholding: 131 shares withheld at $81.57, value $10,686 (code F).
- Net shares issued to insider: 193 shares (324 converted minus 131 withheld).
- Shares owned after transaction: not disclosed in this filing.
- Footnotes: RSUs represent a right to one share each; vest in equal increments on the first three anniversaries of the grant date; withheld shares were used to pay taxes upon conversion (cashless withholding).
- Timeliness: Filed promptly (no late-filing indication).
Context
- This is a routine compensation vesting and cashless tax-withholding event, not an intentional open-market sale or purchase signal. Code M indicates conversion of RSUs into shares; code F indicates shares withheld to pay tax obligations on vesting.