Luxfer (LXFR) director sells shares, exercises RSUs and gets new grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Luxfer Holdings plc director Patrick K. Mullen reported a mix of share sales, option exercises, and new awards. On June 11, 2026, he completed an open-market sale of 5,323 Ordinary Shares at $15.05 per share, leaving him with 42,145 Ordinary Shares immediately after the sale.
On the same date, he exercised 11,851 Restricted Stock Units that convert into Ordinary Shares on a 1-for-1 basis, increasing his direct Ordinary Share holdings to 47,468 shares after the exercise. These RSUs had fully vested and included 440 additional RSUs from dividend equivalents that accrued under the same terms.
Mullen also received an annual, non-discretionary grant of 7,709 new Restricted Stock Units as a Non-Executive Director under the Luxfer Holdings PLC Non-Executive Directors Equity Incentive Plan. These RSUs are scheduled to vest on the day immediately preceding the company’s 2027 Annual General Meeting of Shareholders, providing additional future equity exposure linked to his board service.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,323 shares ($80,111)
Net Sell
4 txns
Insider
MULLEN PATRICK K
Role
null
Sold
5,323 shs ($80K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 11,851 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 7,709 | $0.00 | -- |
| Exercise | Ordinary Shares | 11,851 | $0.00 | -- |
| Sale | Ordinary Shares | 5,323 | $15.05 | $80K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Ordinary Shares — 47,468 shares (Direct, null)
Footnotes (1)
- Restricted Stock Units convert to Ordinary Shares on a 1 for 1 basis. The Restricted Stock Units fully vested on June 11, 2026. The above figure includes 440 additional Restricted Stock Units acquired from dividend equivalents. Restricted Stock Units accrue dividend equivalents, which are subject to the same terms and conditions as the underlying award and vest therewith. 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. The Restricted Stock Units vest on the day immediately preceding the Issuer's 2027 Annual General Meeting of Shareholders.
Key Figures
Shares sold: 5,323 shares
Sale price: $15.05 per share
Shares after sale: 42,145 shares
+5 more
8 metrics
Shares sold
5,323 shares
Open-market sale of Ordinary Shares at $15.05 on June 11, 2026
Sale price
$15.05 per share
Price for 5,323 Ordinary Shares sold June 11, 2026
Shares after sale
42,145 shares
Direct Ordinary Shares held immediately after the 5,323-share sale
RSUs exercised
11,851 units
Restricted Stock Units converting 1-for-1 into Ordinary Shares
Shares after RSU exercise
47,468 shares
Direct Ordinary Shares held after exercising 11,851 RSUs
New RSU grant
7,709 units
Annual non-discretionary RSU grant to Non-Executive Director
Dividend-equivalent RSUs
440 units
Additional RSUs acquired from dividend equivalents within the vested award
RSU vesting date
Day before 2027 AGM
Vesting schedule for the 7,709-unit RSU grant
Key Terms
Restricted Stock Units, dividend equivalents, Non-Executive Directors Equity Incentive Plan, open-market sale, +1 more
5 terms
Restricted Stock Units financial
"The Restricted Stock Units fully vested on June 11, 2026."
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.
dividend equivalents financial
"includes 440 additional Restricted Stock Units acquired from dividend equivalents."
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
Non-Executive Directors Equity Incentive Plan financial
"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."
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
derivative exercise/conversion financial
"transaction_action: derivative exercise/conversion"
