Gentile Tom 4

What Happened
Tom Gentile, Chairman, CEO & President and a director of Hexcel (HXL), had 5,181 restricted stock units (RSUs) vest and convert into 5,181 shares on May 1, 2026 (reported May 5, 2026). Of those shares, 2,401 were withheld to satisfy tax withholding obligations, a disposition valued at $221,444 based on a $92.23 per-share price. The conversion is reported as a derivative exercise/conversion (code M) with the withholding reported under code F.

Key Details

• Transaction date: 2026-05-01; Form 4 filed: 2026-05-05 (timely within the 2-business-day window).
• RSUs converted: 5,181 shares acquired at $0.00 (RSU conversion); Shares withheld for taxes: 2,401 shares disposed at $92.23 each = $221,444.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Footnotes: F1 — shares withheld to pay taxes on RSU conversion; F2 — reporting person has a revocable trust (Thomas Charles Gentile, III Revocable Trust) connected to his holdings; F3 — these RSUs vest in equal increments on the first three anniversaries of his May 1, 2024 hire date.
• Transaction codes: M = exercise/conversion of derivative (RSU vesting), F = tax withholding (net share settlement).

Context
This was an RSU vesting/net-share settlement (not an open-market sale). The withholding of shares to cover taxes is routine and does not necessarily indicate a change in sentiment — Gentile acquired net shares after withholding. The conversion price of $0.00 reflects that these were RSUs converting into common stock rather than an option requiring a cash exercise payment.