Winterlich Patrick

Winterlich Patrick, EVP and CFO, has demonstrated a clear selling bias in recent insider transactions, primarily involving shares of Hexcel Corporation (HXL) and Howmet Aerospace (HWM). Of the 27 reported trades, Patrick has sold approximately $1.75 million worth of stock while purchasing just $390,392.76, with no recent buys recorded. The most significant disposals occurred in HXL, including a $250,309.42 sale on October 29, 2025, and a $142,356.23 transaction the same day. Earlier in January 2025, Patrick executed multiple sales totaling over $480,000 across several filings, including a $189,666.80 transaction on January 31. The only recent activity in HWM, filed February 17, 2026, showed no monetary value, suggesting an award or administrative adjustment rather than a market trade. Patrick’s trading pattern in HXL has been consistent over the past two years, with concentrated selling in late January—coinciding with the company’s annual reporting cycle—including $130,170.24 and $100,858.45 transactions on January 28, 2024. The absence of any buys since at least early 2024 indicates a sustained reduction in exposure, though the sales appear structured rather than abrupt, often paired with smaller dispositions. While the filings do not specify whether these were planned transactions, the recurring timing and predominance of sales suggest a deliberate approach to reducing holdings in HXL, with minimal activity in HWM.