Stanage Nick L 4
4 · HEXCEL CORP /DE/ · Filed Feb 3, 2026
Research Summary
AI-generated summary of this filing
Hexcel (HXL) Director Nick Stanage Withholds 9,060 Shares for Taxes
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.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-01-30$82.81/sh−9,060$750,259→ 456,784 total
Footnotes (1)
- [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.