Fitzsimons Gina 4
4 · HEXCEL CORP /DE/ · Filed Feb 3, 2026
Research Summary
AI-generated summary of this filing
Hexcel (HXL) EVP Gina Fitzsimons Receives Awards; 633 Shares Withheld
What Happened
Gina Fitzsimons, Hexcel’s EVP, Chief HR & Communications Officer, had 633 shares withheld on Jan 30, 2026 to cover taxes at $82.81/share (proceeds $52,419). On Feb 2, 2026 she was granted a total of 15,316 derivative awards (1,561; 10,000; 3,755) with $0 immediate cash value — these are restricted stock units and/or non‑qualified stock option awards that will vest over multi‑year schedules. The 633‑share disposition was a tax withholding related to conversion of a prior performance‑based award (not an open‑market sale).
Key Details
- Transactions:
- 2026-01-30: 633 shares withheld for taxes @ $82.81 = $52,419 (code F: tax withholding)
- 2026-02-02: 1,561 derivative awards @ $0 (acquired)
- 2026-02-02: 10,000 derivative awards @ $0 (acquired)
- 2026-02-02: 3,755 derivative awards @ $0 (acquired)
- Total new awards: 15,316
- Shares owned after transaction: not specified in the filing.
- Notable footnotes:
- F1: Withholding was to pay taxes on conversion of a previously reported performance‑based award.
- F2: Each RSU equals a conditional right to one share.
- F3/F4: RSUs vest in equal increments over either the first three anniversaries or the third–fifth anniversaries of the grant date.
- F5: Non‑qualified stock options vest in equal increments over the first three anniversaries.
- Timeliness: Form 4 filed Feb 3, 2026; transactions reported within required two business days (timely).
Context
The withheld 633 shares were a routine tax‑withholding event tied to conversion of a performance award and do not represent an active cash sale decision in the open market. The Feb 2 awards are compensation grants (RSUs and/or options) that vest over several years; they give the insider future exposure to company stock if vesting conditions are met and do not reflect an immediate purchase. For retail investors, granted awards indicate executive compensation/retention rather than a direct buy signal, while forced or withholding disposals for taxes are common and not necessarily bearish.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-01-30$82.81/sh−633$52,419→ 5,729 total - Award
Restricted Stock Units
[F2][F3]2026-02-02+1,561→ 1,561 total→ Common Stock (1,561 underlying) - Award
Restricted Stock Units
[F2][F4]2026-02-02+10,000→ 10,000 total→ Common Stock (10,000 underlying) - Award
Non-Qualified Stock Options
[F5]2026-02-02+3,755→ 3,755 totalExercise: $81.59Exp: 2036-02-02→ Common Stock (3,755 underlying)
Footnotes (5)
- [F1]Represents shares of common stock of the issuer withheld for the payment of taxes due upon the conversion of a performance-based share award reported on the reporting person's Form 4 filed on January 23, 2026.
- [F2]Each restricted stock unit ("RSU") represents a conditional right to receive one share of common stock of the issuer.
- [F3]The RSUs vest and convert into an equivalent number of shares of common stock of the issuer in equal increments on the first three anniversaries of the grant date.
- [F4]The RSUs vest and convert into an equivalent number of shares of common stock of the issuer in equal increments on the third, fourth and fifth anniversaries of the grant date.
- [F5]The non-qualified stock options vest in equal increments on the first three anniversaries of the grant date.