Stanage Nick L 4

What Happened

• Nick L. Stanage, a director of Hexcel Corp (HXL), had 2,697 restricted stock units (RSUs) converted/exercised into 2,697 shares on 2026-05-08. The filing shows an acquisition of 2,697 shares at $0.00 and a simultaneous disposition of 2,697 shares at $0.00 (reported as a derivative transaction). No cash purchase price or market sale proceeds are reported.

Key Details

• Transaction date: 2026-05-08. Transaction code: M (exercise/conversion of a derivative security).
• Quantity: 2,697 shares acquired and 2,697 shares disposed; price reported: $0.00 per share.
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1 explains each RSU equals a conditional right to one common share; F2 says the RSUs vest on the earlier of the first anniversary of the grant or immediately prior to the next annual meeting and will be converted into shares.
• Filing timeliness: Reported and filed on 2026-05-08 (appears timely).

Context

• This was not an open-market purchase or sale. The zero-dollar amounts and paired acquire/dispose entries reflect award conversion/settlement mechanics (conversion of RSUs into shares) rather than a cash transaction. Such conversions are routine when equity awards vest and do not necessarily indicate a buy or sell signal by the insider.