LuxExperience (LUXE) director reports 15,276 restricted stock units
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
LuxExperience B.V. director Ernst Teunissen filed an initial ownership report showing holdings of restricted stock units. The filing reports 15,276 restricted stock units, each representing the right to receive one American Depositary Share upon vesting. These units vest on December 17, 2026 and do not expire; they either vest or are canceled before that date. Each American Depositary Share represents one ordinary share of LuxExperience B.V.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
TEUNISSEN ERNST 02494
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Unit | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 15,276 shares (Direct)
Footnotes (1)
- Each restricted stock unit ("RSU") represents the right to receive one (1) American Depositary Share ("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. Each ordinary share is represented by one (1) ADS.
FAQ
What insider position does LuxExperience (LUXE) director Ernst Teunissen report?
Ernst Teunissen reports holding 15,276 restricted stock units in LuxExperience B.V. Each unit represents the right to receive one American Depositary Share, which in turn represents one ordinary share, subject to vesting conditions disclosed in the filing.
When do Ernst Teunissen’s LuxExperience (LUXE) restricted stock units vest?
The restricted stock units vest on December 17, 2026. Vesting means Teunissen becomes entitled to receive one American Depositary Share per unit, provided the units have not been canceled before that vesting date under applicable plan terms.
How many LuxExperience (LUXE) ADSs can Ernst Teunissen receive from his RSUs?
Teunissen can receive up to 15,276 American Depositary Shares from his restricted stock units. Each RSU converts into one ADS upon vesting, and each ADS represents one ordinary share of LuxExperience B.V., aligning the award directly with the company’s equity.
Do Ernst Teunissen’s LuxExperience (LUXE) restricted stock units expire?
The restricted stock units do not have a traditional expiration date. Instead, they either vest on December 17, 2026 or are canceled before that date, depending on whether vesting conditions under the plan continue to be satisfied over time.
Does the LuxExperience (LUXE) Form 3 show any insider buying or selling?
The Form 3 functions as an initial ownership report and reflects Teunissen’s holding of 15,276 restricted stock units. It does not report open-market purchases or sales, but instead discloses his existing equity-based award position in the company.