KEATING NEAL J. 4

What Happened

• Neal J. Keating, a director of Hexcel Corp. (HXL), was granted 1,792 restricted stock units (RSUs) on 2026-05-18. The award is reported as a derivative acquisition at $0.00 per unit (grant/award).
• The filing shows the grant amount and that the RSUs are a conditional right to receive common stock when vested; no immediate cash value or open-market purchase/sale occurred.

Key Details

• Transaction date and filing: Grant on 2026-05-18; Form 4 filed 2026-05-19 (timely).
• Transaction type/code: A — Grant/Award (derivative securities).
• Quantity and price: 1,792 RSUs @ $0.00 reported.
• Shares owned after transaction: Not specified in the provided excerpt of the filing.
• Footnotes: F1 — each RSU converts to one share upon vesting; F2 — RSUs vest on the earlier of (a) the first anniversary of the grant date or (b) the day immediately before the next annual meeting, and will convert into an equivalent number of common shares.
• No 10b5-1 plan, tax-withholding, or late-filing flags are indicated in the provided information.

Context

• RSU grants to directors are routine equity compensation and represent a promise to receive shares in the future if vesting conditions are met; they are not an immediate purchase or sale of stock.
• Because these are derivative awards that vest later, they do not by themselves indicate immediate buying or selling sentiment.