Stanage Nick L 4

What Happened
Nick L. Stanage, a director of Hexcel Corp. (HXL), was granted 1,792 restricted stock units (RSUs) on May 18, 2026. The Form 4 reports the award as an acquisition at $0.00 per unit (typical for RSU grants since they represent future delivery of stock rather than an open‑market purchase). No immediate cash changed hands; the RSUs will convert into shares upon vesting.

Key Details

• Transaction date: 2026-05-18; reported on Form 4 filed 2026-05-19 (appears timely).
• Transaction type/code: Award/Grant (A); 1,792 RSUs at $0.00 reported.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes:
  • F1: Each RSU represents a conditional right to receive one share of common stock.
  • 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 convert into an equivalent number of shares upon vesting.
• No indication of a 10b5-1 plan, tax‑withholding sale, or sale of underlying shares in this filing.

Context
RSU grants are standard compensation for directors and executives and do not represent an open‑market purchase (so they are not a direct bullish personal investment). The economic value will be realized only when RSUs vest and convert to shares; until then they are a contingent, derivative award.