Fitzsimons Gina 4

What Happened
Gina Fitzsimons, EVP Chief HR & Communications Officer at Hexcel (HXL), exercised 6,534 non-qualified stock options on March 5, 2026. The exercise had an exercise price of $38.94 per share (total cash exercise amount $254,434). To cover tax withholding, 4,551 of the resulting shares were surrendered/disposed at a market value of $91.14 per share (≈ $414,778). The net result is 1,983 shares retained by the insider.

Key Details

• Transaction dates: March 5, 2026 (reported on Form 4 filed March 6, 2026).
• Option exercise: 6,534 shares exercised at $38.94 → $254,434 (code M).
• Tax withholding/sale: 4,551 shares withheld/disposed at $91.14 → $414,778 (code F).
• Additional derivative line: a reporting line shows the exercised derivative with $0 cash value (common reporting format).
• Footnote: The options are non‑qualified and vest in equal increments on the first three anniversaries of the grant date (F1).
• Shares owned after the transaction: not specified in the provided excerpt.
• Filing timeliness: Form 4 filed next day (Mar 6) for Mar 5 transactions — appears timely.

Context
This was an option exercise with shares withheld to satisfy tax obligations (a common cashless-type settlement for exercises). Exercising options is not the same as a fresh market purchase; the tax-withholding disposition is routine and does not by itself indicate a bullish or bearish signal. The filing shows an executive-level transaction (not a 10% owner).