Lifetime Brands director plans $70K stock sale
LIFETIME BRANDS, INC.
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.
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Key Figures
Shares to be sold under Rule 144: 7,359 shares of common stock
Aggregate market value of shares to be sold: $69,987.94
Shares of common stock outstanding: 22,988,836 shares
+4 more
7 metrics
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
Key Terms
Rule 144, Founder Stock, Restricted Stock Vesting Under a Registered Plan, Open Market Purchase, +1 more
5 terms
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.
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.