Luxfer (LXFR) executive earns performance-based stock awards after EPS, TSR goals
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Luxfer Holdings executive Mark James Lawday reported awards of performance-based stock options linked to Ordinary Shares. On March 18, 2026, he acquired 6,206 options and 5,265 options, each convertible into one Ordinary Share for a nominal $1.00 per share.
The first grant reflects performance-based restricted stock units awarded on March 18, 2024 at 221% of target, which fully vested on March 18, 2026 after achieving EPS growth goals for the period ended December 31, 2025. The second grant reflects units awarded the same day at 125% of target, which fully vested after meeting relative total shareholder return goals for that same performance period.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
2 transactions reported
Mixed
2 txns
Insider
LAWDAY MARK JAMES
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options (Right to Buy) | 6,206 | $0.00 | -- |
| Grant/Award | Stock Options (Right to Buy) | 5,265 | $0.00 | -- |
Holdings After Transaction:
Stock Options (Right to Buy) — 6,206 shares (Direct)
Footnotes (1)
- 1 for 1, subject to a nominal payment of $1.00 per Ordinary Share. Represents the grant of performance-based Restricted Stock Units (at 221% target) awarded on March 18, 2024. 100% of the performance-based Restricted Stock Units were granted and vested on March 18, 2026 upon the achievement of EPS growth goals for the performance period ended December 31, 2025. Represents the grant of performance-based Restricted Stock Units (at 125% target) awarded on March 18, 2024. 100% of the performance-based Restricted Stock Units were granted and vested on March 18, 2026 upon the achievement of relative total shareholder return (TSR) goals for the performance period ended December 31, 2025.
FAQ
What insider transaction did LXFR executive Mark James Lawday report?
Mark James Lawday reported acquiring two performance-based stock option awards. They total 6,206 and 5,265 options, each tied 1-for-1 to Ordinary Shares at a nominal $1.00 per share, following achievement of specified performance goals.
When did the new Luxfer (LXFR) performance-based stock units vest?
The performance-based restricted stock units vested on March 18, 2026. Vesting occurred after the company achieved defined EPS growth and relative total shareholder return targets for the performance period that ended on December 31, 2025.
What performance goals triggered LXFR’s 6,206-option award to Mark Lawday?
The 6,206-option award reflects units granted at 221% of target. They were fully granted and vested after Luxfer achieved earnings-per-share (EPS) growth goals for the performance period ending December 31, 2025, as specified in the award terms.
What conditions applied to the 5,265-option performance award at Luxfer (LXFR)?
The 5,265-option award reflects units granted at 125% of target. These were fully granted and vested after Luxfer met relative total shareholder return (TSR) goals for the performance period ending December 31, 2025, according to the award disclosure.
What is the conversion rate and price for Mark Lawday’s LXFR stock options?
Each stock option is exchangeable into one Ordinary Share at a nominal $1.00 per share. This 1-for-1 structure means 6,206 options and 5,265 options correspond to the same number of underlying Ordinary Shares if exercised.
Are Mark Lawday’s reported LXFR transactions open-market buys or compensation grants?
The reported LXFR transactions are compensation-related grants, not open-market purchases. They are performance-based restricted stock unit awards that vested after meeting EPS growth and relative TSR goals, then reported as derivative awards on March 18, 2026.