Luxfer (NYSE: LXFR) officer gains 3,320 RSUs and exercises 884 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Luxfer Holdings PLC officer Mead Howard Ioan reported routine equity compensation activity. He received a grant of 3,320 time-based Restricted Stock Units on March 16, 2026, which vest in three equal annual installments beginning on March 16, 2027.
On the same date, 884 Restricted Stock Units from a March 14, 2022 award partially vested and were exercised on a 1-for-1 basis into 884 Ordinary Shares, subject to a nominal payment of $1.00 per share. Of these, 384 Ordinary Shares priced at $11.60 were withheld to satisfy tax obligations, leaving him with 9,972 Ordinary Shares held directly after the transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
884 shares exercised/converted
Mixed
4 txns
Insider
MEAD HOWARD IOAN
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 3,320 | $0.00 | -- |
| Exercise | Restricted Stock Units | 884 | $0.00 | -- |
| Exercise | Ordinary Shares | 884 | $0.00 | -- |
| Tax Withholding | Ordinary Shares | 384 | $11.60 | $4K |
Holdings After Transaction:
Restricted Stock Units — 3,320 shares (Direct);
Ordinary Shares — 10,356 shares (Direct)
Footnotes (1)
- 1 for 1, subject to a nominal payment of $1.00 per Ordinary Share. Represents the award of 3,320 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 insider transactions did Luxfer (LXFR) officer Mead Howard Ioan report?
Mead Howard Ioan reported routine equity compensation activity. He received 3,320 Restricted Stock Units and had 884 previously granted Restricted Stock Units vest and convert into Ordinary Shares, with a portion of those shares withheld to cover tax obligations.
How many Restricted Stock Units were granted to the Luxfer (LXFR) officer and how do they vest?
He was granted 3,320 time-based Restricted Stock Units on March 16, 2026. These units vest in three equal annual installments, with the first tranche vesting on March 16, 2027, and the remaining installments vesting on the following two anniversaries.
What does the tax withholding transaction mean in the Luxfer (LXFR) Form 4?
The tax withholding shows 384 Ordinary Shares, at a value of $11.60 each, were delivered to the issuer to cover tax liabilities. This is a non-market disposition commonly associated with vesting of equity awards, not an elective sale of shares into the open market.