Form 4: Luxfer Holdings PLC: Officer Moorefield Reports Stock Transactions
SEC Form 4 Filing
Jeffrey C. Moorefield, an officer of Luxfer Holdings PLC, reported the vesting of restricted stock units and subsequent disposal of shares to cover tax obligations.
Summary
- On March 20, 2025, Jeffrey C. Moorefield, an officer of Luxfer Holdings PLC, reported transactions involving ordinary shares and restricted stock units.
- 599 restricted stock units vested, converting into ordinary shares.
- Moorefield disposed of 242 ordinary shares at a price of $12.12 to satisfy tax obligations.
- Following these transactions, Moorefield directly owns 9,613 ordinary shares and 1,203 restricted stock units.
- The remaining restricted stock units will vest on March 20, 2026, and March 20, 2027.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to stock transactions by an officer, with no inherently positive or negative implications for the company's overall performance.
Future Outlook
The remaining Restricted Stock Units vest on March 20, 2026 and March 20, 2027.
Industry Context
Form 4 filings are a routine part of compliance for publicly traded companies, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they represent a small portion of the overall outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 03/20/2023 | Date of original restricted stock unit award. |
| 03/20/2025 | Date of transaction: vesting of restricted stock units and disposal of shares. |
| 03/20/2026 | Next vesting date for remaining restricted stock units. |
| 03/20/2027 | Final vesting date for remaining restricted stock units. |
| 03/24/2025 | Date of signature for the Form 4 filing. |
Keywords
Luxfer Holdings PLC, LXFR, Form 4, Beneficial Ownership, Stock Transaction, Restricted Stock Units, Officer, Moorefield, Vesting, Disposal
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