Form 4: Hexcel Corp Executive Patrick Winterlich Reports Stock Transactions
SEC Form 4
Hexcel Corp's EVP and CFO, Patrick Winterlich, reported the acquisition and disposal of company stock and restricted stock units.
Summary
- Patrick Winterlich, EVP and CFO of Hexcel Corp, reported transactions involving company stock and restricted stock units.
- On January 29, 2025, Mr. Winterlich acquired 1,507 shares of common stock through the conversion of restricted stock units and disposed of 739 shares to cover tax obligations.
- On January 30, 2025, he acquired 1,379 shares of common stock through the conversion of restricted stock units and disposed of 640 shares for tax purposes.
- Following these transactions, Mr. Winterlich beneficially owns 42,354 shares of common stock as of January 29, 2025 and 42,354 shares as of January 30, 2025.
- He also holds 3,012 restricted stock units as of January 29, 2025 and 1,378 restricted stock units as of January 30, 2025.
Sentiment
Score: 5
Explanation: The document reflects routine transactions related to executive compensation and does not indicate any positive or negative sentiment.
Industry Context
This is a routine filing related to executive compensation and stock ownership, common in publicly traded companies.
Comparison to Industry Standards
- Executive stock transactions are a common practice in publicly traded companies like Hexcel Corp.
- The vesting and conversion of restricted stock units are standard forms of executive compensation.
- The sale of shares to cover tax obligations is a typical occurrence when RSUs vest.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation practices.
Key Dates
| Date | Description |
|---|---|
| 01/29/2025 | Date of first reported stock and RSU transactions. |
| 01/30/2025 | Date of second reported stock and RSU transactions. |
| 01/31/2025 | Date the form was signed. |
Keywords
Hexcel Corp, Patrick Winterlich, stock transactions, restricted stock units, insider trading, executive compensation
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