Lifetime Brands (LCUT) director sells 14,052 shares at $9.44
Rhea-AI Filing Summary
For LIFETIME BRANDS, INC (LCUT), director Cherrie Nanninga reported selling 14,052 shares of common stock on 2026-08-24 in a sale classified as an open market or private transaction at a price of $9.44 per share. After this transaction, Nanninga directly holds 126,054 shares of LCUT common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 14,052 shares
Net Sell
1 txn
Insider
NANNINGA CHERRIE
Role
Director
Sold
14,052 shs ($133K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 14,052 | $9.44 | $133K |
Holdings After Transaction:
Common Stock — 126,054 shares (Direct)
Key Figures
Shares sold: 14,052 shares of Common Stock
Sale price per share: $9.44 per share
Shares owned after transaction: 126,054 shares of Common Stock
+1 more
4 metrics
Shares sold
14,052 shares of Common Stock
Disposition reported on 2026-08-24 by director Cherrie Nanninga
Sale price per share
$9.44 per share
Price for the 14,052 LCUT shares sold on 2026-08-24
Shares owned after transaction
126,054 shares of Common Stock
Direct holdings of Cherrie Nanninga following the reported sale
Net buy/sell shares
14,052 shares net sold
Net effect across all reported transactions in this Form 4
Key Terms
Form 4, Common Stock, open market or private transaction, Rule 10b5-1
4 terms
Form 4 regulatory
"insider transaction did LCUT director Cherrie Nanninga report on this Form 4"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Common Stock financial
"reported selling 14,052 shares of common stock on 2026-08-24"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
open market or private transaction financial
"classified as an open market or private transaction at a price"
Rule 10b5-1 regulatory
"indicate use of a Rule 10b5-1 trading plan for the LCUT"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
What insider transaction did LCUT director Cherrie Nanninga report on this Form 4?
Cherrie Nanninga reported a sale of 14,052 shares of LIFETIME BRANDS, INC (LCUT) common stock on 2026-08-24, classified as a sale in an open market or private transaction at $9.44 per share.
Was the LCUT insider transaction by Cherrie Nanninga a purchase or a sale?
The transaction reported by Cherrie Nanninga for LIFETIME BRANDS, INC (LCUT) was a sale of common stock. The Form 4 classifies it as a sale in an open market or private transaction, disposing of 14,052 shares.
Does the Form 4 indicate use of a Rule 10b5-1 trading plan for the LCUT transaction?
The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed (set to false), so the transaction is not marked as having been made pursuant to an affirmed Rule 10b5-1 trading plan in this filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.