Fitzsimons Gina 4

What Happened

• Gina Fitzsimons, EVP Chief HR & Communications Officer of Hexcel (HXL), had restricted stock units (RSUs) vest and convert into common shares on Jan 29 and Jan 30, 2026. A total of 1,035 RSUs converted into 1,035 shares (563 on Jan 29; 472 on Jan 30).
• To satisfy tax withholding, 298 shares were withheld on Jan 29 at $84.56/share ($25,199) and 222 shares were withheld on Jan 30 at $82.81/share ($18,384), for total withholding value of $43,583. The net shares retained by Fitzsimons were 515 (265 from Jan 29 and 250 from Jan 30).
• This was a vesting/conversion of awards (not an open-market sale or purchase). Converting RSUs into shares is typically a routine, non-speculative event.

Key Details

• Transaction dates: Jan 29, 2026 (563 RSUs converted; 298 shares withheld) and Jan 30, 2026 (472 RSUs converted; 222 shares withheld).
• Withholding prices/values: $84.56 per share (298 shares; $25,199) and $82.81 per share (222 shares; $18,384); total withholding ≈ $43,583.
• Net shares acquired: 515 shares retained after withholding (1,035 converted minus 520 withheld).
• Footnotes: F1 = shares withheld to pay taxes on RSU conversion; F2 = each RSU converts to one share; F3 = RSUs vest in equal increments over first three anniversaries of grant.
• Post-transaction total holdings: not specified in the provided filing excerpt—see full Form 4 for total shares owned after the transactions.
• Timing: The Form 4 was filed Feb 2, 2026. The Jan 30 transactions fall within the two-business-day filing window; the Jan 29 conversion appears to have been reported after the two-business-day deadline for that specific date.

Context

• These entries reflect RSU vesting and a cashless-like tax withholding (shares withheld to cover taxes), not a market sale or buy. Such withholding is a common administrative step and does not necessarily signal a change in insider sentiment.
• Transaction codes: M = exercise/conversion of derivative (RSU conversion into shares); F = shares withheld to pay tax liability.