Performance-based options vest for Luxfer (LXFR) executive after EPS, TSR goals

Rhea-AI Filing Summary

Luxfer Holdings plc reported that officer Mark James Lawday acquired two grants of performance-based stock options on March 20, 2026. One grant covers 1,376 options and the other covers 882 options, each convertible into Ordinary Shares on a 1‑for‑1 basis for a nominal $1.00 per share.

These options were originally awarded on March 20, 2023 and became fully granted and vested on March 20, 2026. Vesting was based on achieving earnings per share growth goals and relative total shareholder return goals for the performance period ended December 31, 2025.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

LAWDAY MARK JAMES

(Last) (First) (Middle)

LUXFER HOLDINGS PLC, LUMNS LANE

(Street)

MANCHESTER M27 8LN

(City) (State) (Zip)

UNITED KINGDOM

(Country)

2. Issuer Name and Ticker or Trading Symbol
LUXFER HOLDINGS PLC [ LXFR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	See Remarks

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/20/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Options (Right to Buy)	(1)	03/20/2026		A		1,376		03/20/2026(2)	(2)	Ordinary Shares	1,376	(1)	1,376	D
Stock Options (Right to Buy)	(1)	03/20/2026		A		882		03/20/2026(3)	(3)	Ordinary Shares	882	(1)	882	D

Explanation of Responses:

1. 1 for 1, subject to a nominal payment of $1.00 per Ordinary Share.

2. Represents the grant of performance-based Options (at 117% target) awarded on March 20, 2023. 100% of the performance-based Options were granted and vested on March 20, 2026 upon the achievement of EPS growth goals for the performance period ended December 31, 2025.

3. Represents the grant of performance-based Options (at 50% target) awarded on March 20, 2023. 100% of the performance-based Options were granted and vested on March 20, 2026 upon the achievement of relative total shareholder return (TSR) goals for the performance period ended December 31, 2025.

Remarks:

	/s/Benjamin Coulson under Power of Attorny for Mark J.Lawday	03/21/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Luxfer (LXFR) report for Mark James Lawday?

Luxfer reported that officer Mark James Lawday received two grants of performance-based stock options on March 20, 2026. These awards give rights to acquire 1,376 and 882 Ordinary Shares, respectively, reflecting equity compensation tied to prior performance goals.

How many stock options did the Luxfer (LXFR) officer receive in this Form 4?

The officer received two separate performance-based option grants covering 1,376 and 882 stock options. Each option corresponds to one Ordinary Share, creating rights over 2,258 shares in total as equity compensation, subject to a nominal payment of $1.00 per Ordinary Share.

What performance goals triggered the Luxfer (LXFR) stock option vesting?

The options vested after Luxfer achieved earnings per share growth and relative total shareholder return goals. These metrics were measured over a performance period that ended on December 31, 2025, leading to full grant and vesting of the performance-based options on March 20, 2026.

When were the Luxfer (LXFR) performance-based options originally awarded?

The performance-based stock options reported in this Form 4 were originally awarded on March 20, 2023. They were structured to vest only if specified earnings per share growth and relative total shareholder return goals were met by December 31, 2025, which triggered vesting in March 2026.

What is the exercise cost of the Luxfer (LXFR) performance-based options?

Each performance-based option entitles the holder to receive one Ordinary Share for a nominal payment of $1.00 per share. This low exercise cost highlights that the primary value to the officer comes from the company’s share price and meeting the defined performance conditions.