Luxfer (NYSE: LXFR) grants 26,618 performance-based RSUs to officer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Wardlow Graham reported acquisition or exercise transactions in this Form 4 filing.
Luxfer Holdings PLC reported that company officer Wardlow Graham received two grants of performance-based stock options on March 18, 2026, covering 14,400 and 12,218 underlying Ordinary Shares. These awards relate to performance-based Restricted Stock Units granted on March 18, 2024.
According to the footnotes, 100% of the EPS-based RSUs (at 221% of target) and the relative total shareholder return (TSR) RSUs (at 125% of target) were granted and vested on March 18, 2026, following achievement of performance goals for the period ended December 31, 2025. Each option is exercisable on a 1-for-1 basis for a nominal payment of $1.00 per Ordinary Share.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
2 transactions reported
Mixed
2 txns
Insider
Wardlow Graham
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 14,400 | $0.00 | -- |
| Grant/Award | Stock Option (Right to Buy) | 12,218 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 14,400 shares (Direct)
Footnotes (1)
- 1 for 1, subject to a nominal payment of $1.00 per Ordinary Share. Represents the grant of performance-based Restricted Stock Units (at 221% target) awarded on March 18, 2024. 100% of the performance-based Restricted Stock Units were granted and vested on March 18, 2026 upon the achievement of EPS growth goals for the performance period ended December 31, 2025. Represents the grant of performance-based Restricted Stock Units (at 125% target) awarded on March 18, 2024. 100% of the performance-based Restricted Stock Units were granted and vested on March 18, 2026 upon the achievement of relative total shareholder return (TSR) goals for the performance period ended December 31, 2025.
FAQ
What insider transaction did Luxfer (LXFR) report for Wardlow Graham?
Luxfer reported that officer Wardlow Graham received two grants of performance-based stock options on March 18, 2026. These options cover 14,400 and 12,218 underlying Ordinary Shares and stem from earlier performance-based RSU awards tied to EPS growth and relative TSR targets.
What performance goals triggered Wardlow Graham’s Luxfer (LXFR) awards?
The awards vested after achieving EPS growth and relative total shareholder return (TSR) goals for the performance period ended December 31, 2025. EPS-based RSUs were granted at 221% of target, while TSR-based RSUs were granted at 125% of target, indicating above-target performance outcomes.
When were the performance-based RSUs for Luxfer (LXFR) originally awarded?
The performance-based Restricted Stock Units underlying these option entries were originally awarded on March 18, 2024. They were structured to vest based on EPS growth and relative TSR performance through December 31, 2025, with the resulting awards granted and vested on March 18, 2026 upon goal achievement.
What is the exercise cost of Wardlow Graham’s Luxfer (LXFR) stock options?
Each option can be exercised for a nominal payment of $1.00 per Ordinary Share on a one-for-one basis. This structure reflects compensation rather than market-price purchases, aligning Graham’s interests with shareholders through performance-based equity tied to company results over the measurement period.