secwatch.observer — SEC 8-K summary
======================================

Issuer:     LUXFER HOLDINGS PLC (LXFR)
CIK:        0001096056
Form:       8-K/A
Filed at:   2022-05-11T23:59:59+00:00
Accession:  0001096056-22-000042
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Luxfer appoints Andy Butcher as CEO with increased compensation; former CEO Maskara departs
--------------------------------------------------------------------------------

- Andy Butcher appointed CEO and Executive Director effective May 6, 2022, succeeding Alok Maskara who resigned.
- Butcher's base salary increased to $615,000 from $372,000; target bonus to 100% of salary; LTIP target to 180%.
- Butcher received additional equity of 48,000 shares (19,200 RSUs + 28,800 PSUs) on appointment.
- Butcher eligible for additional 32,000–64,000 RSUs on achieving EPS targets by Dec 31, 2025.
- Maskara received $306,667 cash (prorated bonus) and immediate vesting of 57,819 RSUs; waived other entitlements.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1096056/000109605622000042/0001096056-22-000042-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1096056/000109605622000042/lxfr-20220323.htm
  HTML page:      https://secwatch.observer/filing/0001096056-22-000042

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer