Fitzsimons Gina 4

What Happened

• Gina Fitzsimons, EVP Chief HR & Communications Officer at Hexcel (HXL), had 614 restricted stock units (RSUs) convert into common shares on 2026-01-27. The filing shows 278 of those shares were withheld to cover tax withholding at $81.57/share (proceeds ≈ $22,676). The RSU/derivative positions tied to those units were also recorded as disposed/terminated in the filing.
• Net effect to her holdings from this event: +336 shares (614 converted − 278 withheld). The conversion entries show $0.00 per share for the RSU-to-share conversion (typical for vested RSUs).

Key Details

• Transaction date: 2026-01-27; Form 4 filed 2026-01-28 (appears timely).
• Entries: M = conversion of RSUs into 614 shares (reported at $0.00); F = 278 shares withheld for taxes at $81.57/share (cash value ≈ $22,676).
• Net shares received: 336 shares retained after withholding. The filing excerpt provided does not list total shares owned following the transaction.
• Footnotes: F1 indicates shares were withheld to pay taxes on RSU conversion; F2/F3 explain each RSU equals one share and vests in equal increments over the first three anniversaries of the grant.
• No 10b5-1 plan or other special sale program was reported in the provided excerpt.

Context

• This is a routine compensation-related transaction (vesting and conversion of RSUs) rather than an open-market buy or discretionary sale. The withholding of shares for taxes is a common, administrative step and does not necessarily indicate the insider’s view of the company’s stock.