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Lifetime Brands director plans $70K stock sale

LIFETIME BRANDS, INC.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

LIFETIME BRANDS, INC. (LCUT) is named in a Form 144 notice filed for planned sales of its common stock by director Jeffrey Siegel. The filing lists up to 7,359 common shares to be sold through Morgan Stanley Smith Barney LLC, with an aggregate market value of $69,987.94 and 22,988,836 shares of common stock outstanding as of August 31, 2026. The notice also reports several prior open-market sales of LCUT common stock by Jeffrey Siegel and his IRA during August 2026.

Positive

  • None.

Negative

  • None.
Shares to be sold under Rule 144 7,359 shares of common stock Proposed sale amount in the Form 144 securities information section
Aggregate market value of shares to be sold $69,987.94 Value corresponding to the 7,359 LCUT shares listed for sale
Shares of common stock outstanding 22,988,836 shares Reported as outstanding as of August 31, 2026 in the Form 144
Sale on August 24, 2026 (IRA) 2,103 shares for $20,043.27 Common stock sold by Jeffrey Siegel, IRA during the past 3 months
Sale on August 24, 2026 (personal) 9,457 shares for $90,133.72 Common stock sold by Jeffrey Siegel personally during the past 3 months
Sale on August 20, 2026 (personal) 1,985 shares for $18,878.14 Common stock sale reported in the past 3 months section
Sale on August 20, 2026 (IRA) 586 shares for $5,573.80 Common stock sale by Jeffrey Siegel, IRA reported in the past 3 months
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Founder Stock financial
"Common | 01/01/1991 | Founder Stock | Issuer"
Restricted Stock Vesting Under a Registered Plan financial
"Common | 12/31/2020 | Restricted Stock Vesting Under a Registered Plan"
Open Market Purchase financial
"Common | 02/02/2010 | Open Market Purchase | Open market"
An open market purchase is when a company buys its own shares on public stock exchanges the same way any investor would, rather than through a private deal. Investors care because these purchases reduce the number of shares available, can boost earnings per share and share price, signal that management thinks the stock is undervalued, and use company cash that might otherwise go to reinvestment or dividends — like a business quietly buying back its own tickets at the box office.
IRA financial
"JEFFREY SIEGEL, IRA 1000 Stewart Avenue Garden City NY 11530"
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.

FAQ

What does the Form 144 filing disclose for LIFETIME BRANDS, INC. (LCUT)?

The Form 144 discloses that director Jeffrey Siegel has notified of his intent to sell up to 7,359 common shares of LIFETIME BRANDS, INC. (LCUT) under Rule 144, with sales to be executed through Morgan Stanley Smith Barney LLC.

How many LCUT shares are intended to be sold under this Form 144?

The filing lists a proposed sale of 7,359 shares of LIFETIME BRANDS, INC. common stock, with an aggregate market value of $69,987.94 as reflected in the Form 144 securities information section.

What is the reported share count outstanding for LCUT in this Form 144?

The Form 144 reports 22,988,836 shares of LIFETIME BRANDS, INC. common stock outstanding as of August 31, 2026, providing a baseline for assessing the size of the proposed sale under Rule 144.

What prior LCUT share sales by Jeffrey Siegel are reported in the last 3 months?

The notice lists several August 2026 sales, including 2,103 shares for $20,043.27 by Jeffrey Siegel, IRA, and 9,457 shares for $90,133.72 by Jeffrey Siegel personally, along with two additional trades on August 20, 2026.

What types of LCUT securities holdings are described for Jeffrey Siegel?

Holdings listed include Founder Stock acquired on January 1, 1991, restricted stock vesting on December 31, 2020 under a registered plan, and an open market purchase dated February 2, 2010, all in LIFETIME BRANDS, INC. common stock.

On which market is LIFETIME BRANDS, INC. common stock listed in this filing?

The Form 144 identifies LIFETIME BRANDS, INC. common stock as traded on the NASDAQ market, in connection with the proposed Rule 144 sales through Morgan Stanley Smith Barney LLC.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature