Stanage Nick L 4

What Happened
Nick L. Stanage, a director of Hexcel Corp (HXL), had 9,060 shares withheld on Jan 30, 2026 to cover tax obligations related to the conversion of a performance-based share award. The shares were valued at $82.81 each, totaling approximately $750,259. This transaction is coded “F” (tax withholding), a routine disposition rather than an open-market sale.

Key Details

• Transaction date: 2026-01-30; Filing date (Accession): 2026-02-03 — filing was submitted within the normal reporting window.
• Price per share: $82.81; Shares withheld/disposed: 9,060; Total value: ~$750,259.
• Shares owned after the transaction: Not specified in the provided filing excerpt.
• Footnote: F1 — these shares were withheld to pay taxes due upon conversion of a performance-based award reported on the insider’s Form 4 filed Jan 23, 2026.
• Transaction code: F (payment of exercise price or tax liability).

Context
Tax-withholding dispositions like this are common when performance or restricted stock vests/settles; they are administrative and do not necessarily signal a deliberate market sale or view on company prospects. The underlying award conversion was reported separately on Jan 23, 2026.