Form 4: Hexcel Corp EVP, CFO Patrick Winterlich Reports Stock Transactions

Patrick Winterlich, EVP and CFO of Hexcel Corp, reports the acquisition and disposal of company stock related to restricted stock units and tax obligations.

Summary

• Patrick Winterlich, the EVP and CFO of Hexcel Corporation, filed a Form 4 detailing changes in beneficial ownership of Hexcel Corp stock on January 31, 2025.
• The transactions included the disposal of 2,909 shares of common stock at $65.2 for tax obligations related to a performance-based share award.
• Winterlich also disposed of 788 shares at $65.2 for tax obligations related to the conversion of restricted stock units (RSUs).
• He acquired 1,700 shares upon the conversion of RSUs.
• Following these transactions, Winterlich directly owns 40,357 shares of Hexcel Corp common stock.
• He also holds restricted stock units representing a conditional right to receive 1,700 shares of common stock.

Sentiment

Score: 5

Explanation: The document reflects routine transactions related to executive compensation and tax obligations, indicating a neutral sentiment.

Future Outlook

The RSUs vest and convert into shares in equal increments on the first three anniversaries of the grant date.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. These filings are closely watched by investors to gauge management's sentiment and confidence in the company's prospects.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.

Key Dates