CFO at Luxfer (NYSE: LXFR) receives 7,120 time-based stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Webster Stephen reported acquisition or exercise transactions in this Form 4 filing.
Luxfer Holdings plc granted Chief Financial Officer Stephen Webster stock options covering 7,120 Ordinary Shares as compensation.
The time-based Stock Options were awarded on March 16, 2026, vest in three equal instalments beginning March 16, 2027, and expire on March 16, 2031. Each option is exercisable on a 1-for-1 basis for Ordinary Shares for a nominal payment of $1.00 per share.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
1 transaction reported
Mixed
1 txn
Insider
Webster Stephen
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 7,120 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 7,120 shares (Direct)
Footnotes (1)
- 1 for 1, subject to a nominal payment of $1.00 per Ordinary Share. Represents the award of 7,120 time-based Stock Options made on March 16, 2026. The Stock Options vest and become exercisable in three equal instalments beginning March 16, 2027.
FAQ
What insider transaction did Luxfer (LXFR) report for Stephen Webster?
Luxfer reported a stock option grant to CFO Stephen Webster. He received 7,120 time-based Stock Options over Ordinary Shares on March 16, 2026, as part of his compensation, rather than buying shares in the open market.
How many Luxfer (LXFR) stock options were granted to the CFO?
The CFO received 7,120 Stock Options. Each option relates to one Ordinary Share on a 1-for-1 basis, giving Stephen Webster rights over 7,120 Ordinary Shares, subject to vesting and payment of a nominal $1.00 per share exercise price.
What is the vesting schedule for Stephen Webster’s Luxfer (LXFR) options?
The 7,120 Stock Options vest in three equal instalments. Vesting begins on March 16, 2027, with the options becoming exercisable in three equal tranches over time, reflecting a time-based compensation structure tied to continued service.
What is the exercise price of the Luxfer (LXFR) options granted to the CFO?
Each option is exercisable for a nominal $1.00 per Ordinary Share. The award is structured on a 1-for-1 basis, meaning each Stock Option can be converted into one Ordinary Share upon payment of this nominal amount after vesting.
When do Stephen Webster’s Luxfer (LXFR) stock options expire?
The granted Stock Options expire on March 16, 2031. Webster may exercise vested options any time up to this expiration date, subject to the vesting schedule that starts on March 16, 2027, and the requirement to pay $1.00 per share.