Luxfer Holdings (LXFR) counsel exercises 780 RSUs, 488 shares withheld for taxes
Rhea-AI Filing Summary
Luxfer Holdings’ General Counsel, Janelle Amanda Ramos Vittini, exercised 780 Restricted Stock Units into Ordinary Shares on March 17, 2026. The RSUs converted 1-for-1 into shares at a nominal $1.00 per share. Of the resulting Ordinary Shares, 488 were withheld at $11.80 per share to cover tax obligations, leaving 292 Ordinary Shares directly held after the tax-withholding disposition. Following the RSU exercise, she holds 2,344 Restricted Stock Units, with the remaining units from the March 17, 2025 grant scheduled to vest in three equal tranches on March 17, 2027, 2028 and 2029. This filing reflects routine compensation-related vesting and tax withholding rather than open-market buying or selling.
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Insights
Routine RSU vesting with tax withholding, no open-market trades.
The General Counsel of Luxfer Holdings exercised 780 Restricted Stock Units into Ordinary Shares on March 17, 2026. The RSUs convert 1-for-1 into shares, subject to a nominal $1.00 per share payment, indicating standard equity compensation mechanics rather than a market-driven transaction.
To satisfy tax obligations from the vesting, 488 Ordinary Shares were disposed of at $11.80 per share via an F-code tax-withholding transaction, leaving 292 Ordinary Shares directly held afterward. This F-code disposition is not an open-market sale and does not signal a change in sentiment.
The filing also notes that the 780 vested units represent 25% of RSUs granted on March 17, 2025, with the remaining units vesting in equal tranches on March 17, 2027, 2028 and 2029. Subsequent company filings will show future vesting events as they occur, but this event alone appears routine and not thesis-changing.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 780 | $0.00 | -- |
| Exercise | Ordinary Shares | 780 | $0.00 | -- |
| Tax Withholding | Ordinary Shares | 488 | $11.80 | $6K |
Footnotes (1)
- 1 for 1, subject to a nominal payment of $1.00 per Ordinary Share. Represents 25% of the Restricted Stock Units granted on March 17, 2025. The remaining Restricted Stock Units will vest in three equal tranches on March 17, 2027, 2028 and 2029.