Webster Stephen 4

What Happened

• Stephen Webster, Chief Financial Officer of Luxfer Holdings plc (LXFR), was granted/received two performance-based restricted stock unit (RSU) awards that vested on March 18, 2026: 14,241 RSUs and 12,083 RSUs (total 26,324 RSUs). The Form 4 reports these as derivative awards (no per-share market price listed).
• These awards were originally granted on March 18, 2024 and vested 100% on March 18, 2026 after achievement of performance targets: EPS growth goals (award at 221% target) and relative total shareholder return (TSR) goals (award at 125% target). The RSUs convert 1-for-1 into ordinary shares subject to a nominal $1.00 per share payment.

Key Details

• Transaction date: March 18, 2026; Form 4 filed March 19, 2026 (timely).
• Awards: 14,241 RSUs (performance-based, 221% target) and 12,083 RSUs (performance-based, 125% target); total 26,324 RSUs vested.
• Price: N/A on Form 4 (derivative RSU settlement); conversion subject to $1.00 nominal payment per share (footnote).
• Shares owned after transaction: Not disclosed on the filing.
• Footnotes: F1 = 1-for-1 conversion with $1.00 nominal payment; F2 = EPS-based RSUs (granted 3/18/2024, vested 3/18/2026); F3 = TSR-based RSUs (granted 3/18/2024, vested 3/18/2026).

Context

• This was a compensation vesting event (award settlement), not an open-market purchase or sale. Such vested RSUs increase the insider’s share count but are routine executive compensation tied to performance metrics rather than a direct market-timing signal.