HEXCEL CORP /DE/·4

May 19, 5:30 PM ET

EGNOTOVICH CYNTHIA M 4

Research Summary

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Updated

Hexcel (HXL) Director Cynthia Egnotovich Receives RSU Award

What Happened

  • Cynthia M. Egnotovich, a director of Hexcel Corp. (HXL), received a grant of 1,792 restricted stock units (RSUs) on 2026-05-18. The RSUs were reported as an award (Form 4 code A) with a reported acquisition price of $0.00 (no cash paid at grant). This is an equity compensation award, not an open-market purchase or sale.

Key Details

  • Transaction date: 2026-05-18; Form 4 filed 2026-05-19 (timely).
  • Grant size: 1,792 RSUs; reported price $0.00 (derivative award).
  • Shares owned after transaction: not specified in the provided transaction details.
  • Footnotes:
    • F1 — Each RSU represents a conditional right to receive one share of Hexcel common stock.
    • F2 — RSUs vest on the earlier of (a) one year after the grant date or (b) the day before the next annual meeting; per the reporting person's deferral election, RSUs will be converted into shares following the date the reporting person ceases to be a board member.
  • Filing timeliness: Filed the next day; not indicated as late.

Context

  • RSU grants are a form of compensation and do not require immediate cash outlay; they convert into shares only upon vesting/settlement and per any deferral election. Such awards are routine for directors and do not by themselves indicate buying or selling sentiment in the open market.