Form 4: Hexcel Corp Executive Gina Fitzsimons Reports Stock Transactions
SEC Form 4
Gina Fitzsimons, an executive at Hexcel Corp, reported the vesting and subsequent sale of restricted stock units to cover tax obligations.
Summary
- On January 29, 2025, Gina Fitzsimons, Executive Vice President, Chief Human Resources and Communications Officer of Hexcel Corp, reported transactions involving common stock and restricted stock units (RSUs).
- Fitzsimons converted 563 RSUs into common stock and then sold 298 shares to cover tax obligations at a price of $65.7 per share, resulting in a remaining balance of 5,711 shares.
- On January 30, 2025, Fitzsimons converted 473 RSUs into common stock and then sold 250 shares to cover tax obligations at a price of $66.1 per share, resulting in a remaining balance of 5,934 shares.
- Following these transactions, Fitzsimons directly owns 5,934 shares of Hexcel Corp common stock and 472 RSUs.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions by an executive, with no inherent positive or negative implications for the company's performance.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is a common occurrence in publicly traded companies. It provides transparency into the executive's holdings and transactions in the company's stock.
Stakeholder Impact
- The transactions have a minimal impact on shareholders, as they represent a small portion of the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 01/29/2025 | Conversion of 563 Restricted Stock Units (RSUs) to common stock and sale of 298 shares for tax obligations at $65.7. |
| 01/30/2025 | Conversion of 473 Restricted Stock Units (RSUs) to common stock and sale of 250 shares for tax obligations at $66.1. |
| 01/31/2025 | Date of signature for the Form 4 filing. |
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