Luxfer (NYSE: LXFR) CEO receives 42,520 RSU grant and exercises 7,378 units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Luxfer Holdings CEO Andrew Butcher reported equity compensation activity involving restricted stock units and ordinary shares. On March 16, 2026, he received a grant of 42,520 time-based Restricted Stock Units, each convertible into one Ordinary Share for a nominal payment of $1.00 per share. These RSUs vest in three equal annual instalments beginning on March 16, 2027.
On the same date, a prior time-based RSU award granted on March 14, 2022 partially vested, leading to the exercise of 7,378 Restricted Stock Units into 7,378 Ordinary Shares. To cover tax obligations, 4,142 Ordinary Shares were withheld at $11.60 per share. Following these transactions, Butcher directly owned 163,364 Ordinary Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
7,378 shares exercised/converted
Mixed
4 txns
Insider
Butcher Andrew
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 42,520 | $0.00 | -- |
| Exercise | Restricted Stock Units | 7,378 | $0.00 | -- |
| Exercise | Ordinary Shares | 7,378 | $0.00 | -- |
| Tax Withholding | Ordinary Shares | 4,142 | $11.60 | $48K |
Holdings After Transaction:
Restricted Stock Units — 42,520 shares (Direct);
Ordinary Shares — 167,506 shares (Direct)
Footnotes (1)
- 1 for 1, subject to a nominal payment of $1.00 per Ordinary Share. Represents the award of 42,520 time-based Restricted Stock Units made on March 16, 2026. The Restricted Stock Units vest in three equal annual instalments beginning on March 16, 2027. Represents the partial vesting of the time-based Restricted Stock Units awarded on March 14, 2022.
FAQ
What equity award did Luxfer (LXFR) CEO Andrew Butcher receive on March 16, 2026?
Andrew Butcher received a grant of 42,520 time-based Restricted Stock Units on March 16, 2026. Each unit converts into one Ordinary Share for a nominal payment of $1.00, vesting in three equal annual instalments starting March 16, 2027.
How do the new RSUs granted to the Luxfer (LXFR) CEO vest over time?
The 42,520 Restricted Stock Units vest in three equal annual instalments, beginning March 16, 2027. This means one-third of the award vests each year over three years, aligning compensation with multi-year company performance and retention objectives.
What prior Luxfer (LXFR) RSU award vested for the CEO on March 16, 2026?
A portion of the time-based Restricted Stock Units awarded on March 14, 2022 partially vested on March 16, 2026. This vesting triggered the exercise of 7,378 RSUs into 7,378 Ordinary Shares as part of the earlier long-term incentive grant.
Are the Luxfer (LXFR) CEO’s March 16, 2026 transactions open-market buys or sales?
The transactions are compensation-related, not open-market trades. They include a grant of 42,520 Restricted Stock Units, the exercise of 7,378 RSUs into Ordinary Shares, and the withholding of 4,142 shares at $11.60 solely to cover associated tax liabilities.