Form 4: Hexcel Corp CEO Tom Gentile Reports Stock Transactions
SEC Form 4
Tom Gentile, CEO of Hexcel Corp, reports the vesting and conversion of restricted stock units and associated tax withholding.
Summary
- On May 1, 2025, Tom Gentile, the Chairman, CEO, and President of Hexcel Corp, reported transactions involving the company's common stock.
- Gentile converted 5,181 restricted stock units (RSUs) into common stock at a price of $48.53.
- 2,401 shares were withheld for payment of taxes due upon conversion of the RSUs at a price of $48.53.
- Following these transactions, Gentile directly owns 2,780 shares of common stock.
- Gentile also indirectly owns 15,000 shares through the Gentile Revocable Trust.
- He also owns 10,361 restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for executives who receive stock-based compensation. It provides transparency into the trading activities of company leadership.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders.
- The filing provides transparency to shareholders regarding executive compensation and stock ownership.
Key Dates
| Date | Description |
|---|---|
| 05/01/2024 | First anniversary of the reporting person's hire date, on which RSUs vest in equal increments. |
| 05/01/2025 | Date of the reported transactions: conversion of RSUs to common stock and withholding of shares for taxes. |
| 05/02/2025 | Date of signature on the Form 4 filing. |
Keywords
Hexcel Corp, Tom Gentile, Stock Transactions, Form 4, Restricted Stock Units, RSUs, Beneficial Ownership, Insider Trading
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