Hexcel (HXL) CFO James Coogan Receives 32,700-Unit Award

What Happened

• James G. Coogan, EVP and Chief Financial Officer of Hexcel Corp (HXL), was granted a total of 32,700 derivative awards on August 3, 2026. The grants break down as 7,623 units, 3,079 units, and 21,998 units, each reported at $0.00 (award/grant entries). These are awards (not open-market purchases or sales) and represent long-term compensation rather than immediate cash transactions.

Key Details

• Transaction date: 2026-08-03; Form 4 filed: 2026-08-04 (timely filing).
• Reported price per unit: $0.00 (award/grant).
• Total units awarded: 32,700 (7,623 + 3,079 + 21,998).
• Shares owned after transaction: Not specified on the reported Form 4.
• Footnotes:
  • F1: One award consists of non‑qualified stock options that vest in equal increments on the first three anniversaries of the grant date.
  • F2/F3: Other awards are restricted stock units (RSUs). Each RSU is a conditional right to one share and vests/settles in equal increments on the first three anniversaries of the grant date.
• No indication of sale, gift, cashless exercise, or 10b5-1 plan in this filing.

Context

• These entries are derivative compensation grants: RSUs convert to shares upon vesting, and the NQSO awards will become exercisable per the stated vesting schedule. Such awards are routine executive compensation and do not by themselves indicate present buying or selling of stock. Watch for future Form 4s when options are exercised or RSUs vest and shares are issued or sold.