LuxExperience (LUXE) director discloses ordinary shares and RSU holdings in Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
LuxExperience B.V. director Zahnd Sascha filed an initial ownership report showing existing equity in the company. The filing lists direct holdings of 67,170 ordinary shares and 15,276 restricted stock units. Each ordinary share represents one American Depositary Share, and each restricted stock unit represents the right to receive one ADS when it vests.
The 15,276 restricted stock units are scheduled to vest on December 17, 2026. According to the disclosure, restricted stock units do not have a traditional expiration date; instead, they either vest or are canceled before the vesting date. This Form 3 does not report any new purchases or sales, only the director’s current positions.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Zahnd Sascha
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Ordinary Share | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 15,276 shares (Direct);
Ordinary Share — 67,170 shares (Direct)
Footnotes (1)
- Each ordinary share represents one (1) American Depositary Share ("ADS"). Each restricted stock unit ("RSU") represents the right to receive one (1) ADS upon the vesting of such RSU. The RSUs vest on December 17, 2026. RSUs do not expire; they either vest or are canceled prior to vesting date.
FAQ
What does Zahnd Sascha report owning in LuxExperience B.V. (LUXE) on this Form 3?
Zahnd Sascha reports direct ownership of 67,170 ordinary shares and 15,276 restricted stock units in LuxExperience B.V. Each ordinary share equals one ADS, and each restricted stock unit represents the right to receive one ADS upon vesting.
When do Zahnd Sascha’s restricted stock units in LuxExperience B.V. (LUXE) vest?
The restricted stock units are scheduled to vest on December 17, 2026. Vesting means each restricted stock unit converts into one American Depositary Share if service or other conditions are met, rather than expiring like a traditional stock option.
Do the restricted stock units reported by Zahnd Sascha in LUXE expire?
The restricted stock units do not have a traditional expiration date. They either vest on their scheduled vesting date, December 17, 2026, or are canceled before that date, depending on whether the applicable vesting conditions continue to be satisfied.
Does this LuxExperience B.V. (LUXE) Form 3 show any insider buying or selling?
This Form 3 does not report any insider buying or selling activity. It simply provides an initial statement of beneficial ownership, listing Zahnd Sascha’s existing ordinary share holdings and restricted stock units without recording new purchases, sales, or option exercises.