LAWDAY MARK JAMES 4

What Happened
Mark Lawday, an insider at LUXFER HOLDINGS PLC (LXFR), was granted/received two performance-based restricted stock unit (RSU) awards that vested on March 18, 2026, resulting in the acquisition of 11,471 ordinary shares (6,206 + 5,265). The awards are reported as derivative acquisitions (code A). The conversion is subject to a nominal payment of $1.00 per ordinary share per the filing footnote.

Key Details

• Transaction date: March 18, 2026 (reported on Form 4 filed March 19, 2026). Filing appears timely.
• Shares acquired: 6,206 shares (first award) + 5,265 shares (second award) = 11,471 shares. No market price listed; conversion subject to nominal $1 per share (Footnote F1).
• Nature of awards: Performance-based RSUs awarded March 18, 2024 that vested March 18, 2026 after achievement of performance goals:
  • Footnote F2: RSUs at a 221% target tied to EPS growth — fully granted and vested.
  • Footnote F3: RSUs at a 125% target tied to relative TSR — fully granted and vested.
• Shares owned after transaction: Not specified in the filing.
• Transaction code: A = Award/Grant (derivative). No indication of a sale or open-market purchase.

Context
These were compensation awards that vested because company performance targets for the 2024–2025 performance period were met. Such vested RSUs reflect earned pay rather than a market purchase and do not necessarily signal the insider’s personal buying or selling preference.