Form 4: Hexcel Executive Gina Fitzsimons Reports Stock Transactions
SEC Form 4 Filing
Executive Vice President Gina Fitzsimons of Hexcel Corporation reported the acquisition and disposal of company stock and restricted stock units on January 31, 2025.
Summary
- Gina Fitzsimons, an Executive Vice President at Hexcel Corporation, reported several transactions involving the company's common stock on January 31, 2025.
- These transactions included the disposal of 1,037 shares at $65.20 per share to cover taxes related to a previous performance-based share award.
- Additionally, 561 shares were acquired through the conversion of restricted stock units (RSUs) at a price of $0.
- Another 264 shares were disposed of at $65.20 per share to cover taxes related to the conversion of RSUs.
- Following these transactions, Ms. Fitzsimons beneficially owns 5,194 shares of Hexcel common stock.
Sentiment
Score: 5
Explanation: The document is a routine disclosure of stock transactions, which is neither positive nor negative in itself.
Management Comments
- The transactions were reported by Heather M. DeGregorio, as attorney-in-fact for Gina Fitzsimons.
Industry Context
This is a routine disclosure of stock transactions by a company executive, which is common practice in publicly traded companies.
Comparison to Industry Standards
- The reporting of stock transactions by executives is a standard practice for publicly traded companies, as mandated by the SEC.
- Similar filings are made by executives at companies like Boeing, Airbus, and other aerospace and materials companies.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 01/17/2025 | Date of previous Form 4 filing related to a performance-based share award. |
| 01/31/2025 | Date of the reported stock transactions and RSU conversions. |
| 02/03/2025 | Date the Form 4 was signed. |
Keywords
stock transactions, insider trading, Form 4, Hexcel Corporation, restricted stock units, executive compensation, Gina Fitzsimons
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