Evans Amy S 4

What Happened

• Amy S. Evans, Senior Vice President and Chief Accounting Officer of Hexcel Corp (HXL), had 140 shares withheld on Jan 30, 2026 to cover taxes related to the conversion of a prior performance-based award (payment/withholding, $82.81/share, $11,593 total). On Feb 2, 2026 she was granted two restricted stock unit (RSU) awards of 659 and 793 RSUs (total 1,452 RSUs); these are derivative awards reported with $0 immediate cash value and will convert into shares over time.

Key Details

• Transaction types: F = tax withholding (140 shares disposed), A = grant/award (659 RSUs and 793 RSUs acquired as derivative awards).
• Dates and amounts: 2026-01-30 — 140 shares withheld at $82.81 each (total $11,593); 2026-02-02 — 659 RSUs and 793 RSUs granted (no cash paid).
• Vesting: Each RSU represents a conditional right to one share; the RSUs vest and convert into shares in equal increments on the first three anniversaries of the grant date.
• Related note: the 140 withheld shares paid tax on conversion of a performance-based award disclosed in a prior Form 4 (filed Jan 23, 2026).
• Shares owned after the reported transactions are not specified in the provided filing excerpt.
• Filing: Form 4 was filed Feb 3, 2026 covering transactions through Jan 30 and Feb 2; this filing is timely under the standard two-business-day rule.

Context

• The 140-share action was a routine tax-withholding (not an open-market sale) and does not necessarily indicate a change in insider sentiment. The larger items are RSU grants — awards that will convert to shares over time if vesting conditions are met, so they are forward-looking compensation rather than immediate purchases of stock.
• For retail investors, award grants and tax withholdings are common executive compensation events; purchases or open-market sales are typically more informative about an insider’s near-term view of the stock.