LAWDAY MARK JAMES 4

What Happened

• Mark J. Lawday, an insider of Luxfer Holdings plc (LXFR), was issued 2,258 ordinary shares on March 20, 2026 as the result of performance-based awards vesting. The grants consist of 1,376 shares and 882 shares (total 2,258).
• The shares were issued at a nominal payment of $1.00 per share (total cash consideration ≈ $2,258). These awards reflect the vesting of performance-based options originally granted on March 20, 2023 that became fully vested upon achieving EPS and relative TSR goals for the performance period ended December 31, 2025.
• This is an award/vesting event (not an open-market purchase or sale) and therefore typically reflects compensation realization rather than a trading signal.

Key Details

• Transaction date: March 20, 2026; Filing date: March 23, 2026 (filing appears within regulatory timing).
• Shares issued: 1,376 and 882 (total 2,258). Price paid: $1.00 per share (nominal).
• Origin: Performance-based options granted 3/20/2023 — 117% target tranche (EPS) and 50% target tranche (relative TSR) — vested 100% upon achievement of metrics (footnotes F2, F3). Footnote F1 notes 1-for-1 issuance with $1 nominal payment.
• Shares owned after transaction: not disclosed in the filing.
• Transaction type/code: Award/Grant (derivative conversion/vesting), not a sale. No immediate sale or cashless exercise reported.

Context

• These shares result from long-term incentive awards maturing after a three-year performance period; such events are compensation-related and do not necessarily indicate insider buying or selling intent.
• For retail investors, awards that vest after achieving performance metrics signal management met specific company targets, but they are not the same as executives purchasing stock with personal capital.