Luxfer (LXFR) non-executive director receives 10,341 RSUs as equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Luxfer Holdings PLC director Stewart Robert Watson received a grant of 10,341 Restricted Stock Units as equity compensation. Each unit converts into one Ordinary Share. According to the plan terms, 4,516 of these RSUs relate to his 2025/26 award and will vest immediately before the company’s 2027 Annual General Meeting.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Watson Stewart Robert
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 10,341 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 10,341 shares (Direct, null)
Footnotes (1)
- Restricted Stock Units convert to Ordinary Shares on a 1 for 1 basis. Represents the annual non-discretionary grant of awards to the Issuer's Non-Executive Directors in accordance with the terms of the Luxfer Holdings PLC Non-Executive Directors Equity Incentive Plan. 4,516 Restricted Stock Units relates to Mr Watson's 2025/26 award. The Restricted Stock Units vest on the day immediately preceding the Issuer's 2027 Annual General Meeting of Shareholders.
Key Figures
RSUs granted: 10,341 units
Underlying shares: 10,341 Ordinary Shares
2025/26 award portion: 4,516 RSUs
+2 more
5 metrics
RSUs granted
10,341 units
Restricted Stock Units awarded to Stewart Robert Watson
Underlying shares
10,341 Ordinary Shares
1-for-1 conversion of RSUs to Ordinary Shares
2025/26 award portion
4,516 RSUs
Part of Watson’s 2025/26 non-executive director award
Vesting timing
Immediately before 2027 AGM
Vesting date for the 2025/26 RSU award portion
Post-transaction RSU holdings
10,341 units
Total RSUs reported following this grant
Key Terms
Restricted Stock Units, Non-Executive Directors Equity Incentive Plan, Annual General Meeting of Shareholders, Grant, award, or other acquisition
4 terms
Restricted Stock Units financial
"Restricted Stock Units convert to Ordinary Shares on a 1 for 1 basis."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Non-Executive Directors Equity Incentive Plan financial
"in accordance with the terms of the Luxfer Holdings PLC Non-Executive Directors Equity Incentive Plan."
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did Luxfer (LXFR) report for Stewart Robert Watson?
Luxfer reported that director Stewart Robert Watson received 10,341 Restricted Stock Units as an equity grant. These RSUs are part of the company’s non-executive director compensation and convert into Ordinary Shares on a one-for-one basis under the plan’s terms.
Is the Luxfer (LXFR) Form 4 transaction a stock purchase or a grant?
The Form 4 shows a grant of 10,341 Restricted Stock Units, not an open-market stock purchase. The transaction is coded as an award acquisition, reflecting compensation to a non-executive director rather than a discretionary buy or sell in the market.
How many Luxfer (LXFR) RSUs relate to Stewart Watson’s 2025/26 award?
Of the 10,341 Restricted Stock Units granted, 4,516 RSUs relate specifically to Stewart Watson’s 2025/26 award. This portion is issued under the Luxfer Holdings PLC Non-Executive Directors Equity Incentive Plan as part of his ongoing board compensation.
When do Stewart Watson’s Luxfer (LXFR) RSUs vest?
The Restricted Stock Units tied to Stewart Watson’s 2025/26 award vest on the day immediately preceding Luxfer Holdings PLC’s 2027 Annual General Meeting of Shareholders. Vesting timing is defined by the company’s Non-Executive Directors Equity Incentive Plan.
What do Luxfer (LXFR) Restricted Stock Units convert into for Stewart Watson?
Each Restricted Stock Unit granted to Stewart Watson converts into one Ordinary Share of Luxfer Holdings PLC. The footnotes specify a one-for-one conversion ratio, meaning 10,341 RSUs correspond to 10,341 Ordinary Shares upon settlement, subject to vesting conditions.