Form 4: Hexcel Corp Executive Gail E. Lehman Reports Stock Transactions
SEC Form 4 Filing
Gail E. Lehman, an executive at Hexcel Corp, reported the vesting and conversion of restricted stock units into common stock, along with the subsequent withholding of shares for tax obligations.
Summary
- On January 29, 2025, Gail E. Lehman converted 1,033 restricted stock units (RSUs) into common stock and had 487 shares withheld for tax payments at a price of $65.7 per share, resulting in a net increase of 546 shares and a total holding of 17,503 shares.
- On January 30, 2025, Lehman converted 968 RSUs into common stock and had 457 shares withheld for tax payments at a price of $66.1 per share, resulting in a net increase of 511 shares and a total holding of 18,014 shares.
- These transactions were executed under a pre-arranged plan intended to satisfy Rule 10b5-1(c).
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions related to executive compensation. It doesn't indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions have a minor dilutive effect on existing shareholders due to the issuance of new shares.
- The transactions reflect executive compensation practices.
Key Dates
| Date | Description |
|---|---|
| 01/29/2025 | Conversion of 1,033 Restricted Stock Units to Common Stock and withholding of 487 shares for taxes. |
| 01/30/2025 | Conversion of 968 Restricted Stock Units to Common Stock and withholding of 457 shares for taxes. |
| 01/31/2025 | Date of signature for the Form 4 filing. |
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