STOCK TITAN

Lifetime Brands (NASDAQ: LCUT) investor to sell 2,571 shares

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

LIFETIME BRANDS, INC. (LCUT) is named as the issuer in a notice by Jeffrey Siegel indicating an intention to sell common stock under Rule 144. The notice covers 2,571 shares of common stock, with an aggregate market value of $24,451.94, to be sold through Morgan Stanley Smith Barney LLC, with the securities listed on NASDAQ. The notice states that there were 22,988,836 shares of common stock outstanding. It also lists that Siegel previously acquired 586 shares via an open market purchase on February 2, 2010, and 1,985 shares through restricted stock vesting under a registered plan on December 31, 2020.

Positive

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Shares to be sold 2,571 shares of common stock Shares of LIFETIME BRANDS, INC. covered by the Rule 144 notice
Aggregate market value $24,451.94 Aggregate market value of the 2,571 LCUT shares to be sold
Shares outstanding 22,988,836 shares Shares of LIFETIME BRANDS, INC. common stock stated as outstanding
Open market purchase 586 shares Shares acquired by Jeffrey Siegel via open market purchase on 02/02/2010
Restricted stock vesting 1,985 shares Shares acquired through restricted stock vesting under a registered plan on 12/31/2020
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.
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.
Restricted Stock Vesting Under a Registered Plan financial
"Common | 12/31/2020 | Restricted Stock Vesting Under a Registered Plan"

FAQ

What does the Form 144 notice disclose about LCUT shares?

The notice discloses an intention to sell 2,571 shares of LIFETIME BRANDS, INC. common stock under Rule 144, with an aggregate market value of $24,451.94, to be sold through Morgan Stanley Smith Barney LLC on NASDAQ.

Who is selling LCUT stock according to this Form 144?

The person for whose account the securities are to be sold is Jeffrey Siegel. The notice relates to his planned sale of 2,571 shares of LIFETIME BRANDS, INC. common stock under Rule 144.

How many LCUT shares are outstanding in this notice?

The notice states that there are 22,988,836 shares of LIFETIME BRANDS, INC. common stock outstanding, providing context for the size of the 2,571-share planned sale under Rule 144.

What is the aggregate market value of LCUT shares to be sold?

The aggregate market value of the LIFETIME BRANDS, INC. common shares covered by the notice is $24,451.94 for the planned sale of 2,571 shares of common stock.

What prior LCUT share acquisitions by Jeffrey Siegel are listed?

The notice lists two prior acquisitions: an open market purchase of 586 shares on February 2, 2010, and 1,985 shares acquired through restricted stock vesting under a registered plan on December 31, 2020.

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