Lifetime Brands (LCUT) director awarded 12,440 restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SIEGEL JEFFREY reported acquisition or exercise transactions in this Form 4 filing.
Lifetime Brands director Jeffrey Siegel reported receiving a grant of 12,440 shares of restricted common stock on June 18, 2026 as part of director compensation. The shares were issued for no cash consideration under the company’s Amended and Restated 2000 Long-Term Incentive Plan and vest on the first anniversary of the grant date. Following the award, Siegel directly holds 1,180,468 common shares, and a separate holding entry shows 1,010 common shares held indirectly through his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
SIEGEL JEFFREY
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 12,440 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,180,468 shares (Direct, null);
Common Stock — 1,010 shares (Indirect, Spouse)
Footnotes (1)
- The restricted stock was granted on June 18, 2026, pursuant to the Company's Amended and Restated 2000 Long-Term Incentive Plan (as amended through June 18, 2024) and vests on the first anniversary of the date of grant. The common stock was issued for no consideration as part of director compensation.
Key Figures
Restricted stock grant: 12,440 shares
Grant price: $0.0000 per share
Direct holdings after grant: 1,180,468 shares
+2 more
5 metrics
Restricted stock grant
12,440 shares
Common Stock, granted June 18, 2026
Grant price
$0.0000 per share
Issued for no cash consideration as compensation
Direct holdings after grant
1,180,468 shares
Common Stock held directly following the award
Indirect spouse holdings
1,010 shares
Common Stock held indirectly through spouse
Vesting period
1 year
Restricted stock vests on first anniversary of grant
Key Terms
restricted stock, Amended and Restated 2000 Long-Term Incentive Plan, director compensation, Grant, award, or other acquisition
4 terms
restricted stock financial
"The restricted stock was granted on June 18, 2026, pursuant to the Company's Amended and Restated 2000 Long-Term Incentive Plan..."
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Amended and Restated 2000 Long-Term Incentive Plan financial
"pursuant to the Company's Amended and Restated 2000 Long-Term Incentive Plan (as amended through June 18, 2024)..."
director compensation financial
"The common stock was issued for no consideration as part of director compensation."
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
FAQ
What insider transaction did LCUT director Jeffrey Siegel report?
Jeffrey Siegel reported receiving 12,440 shares of restricted common stock as director compensation. The award was granted on June 18, 2026 and issued for no cash consideration under Lifetime Brands’ long-term incentive plan.
On what terms was the LCUT restricted stock granted to Jeffrey Siegel?
The 12,440 restricted shares were granted under Lifetime Brands’ Amended and Restated 2000 Long-Term Incentive Plan. The award vests on the first anniversary of the June 18, 2026 grant date and was issued for no cash consideration as director compensation.
Does Jeffrey Siegel’s LCUT Form 4 show any open-market buying or selling?
The Form 4 shows a grant of 12,440 restricted shares as compensation, not an open-market trade. It also records a holding entry for 1,010 shares owned indirectly through his spouse, without indicating any purchase or sale activity.