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Lifetime Brands (LCUT) director receives 12,440-share restricted stock award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Schnabel Michael reported acquisition or exercise transactions in this Form 4 filing.

Lifetime Brands director Michael Schnabel received a grant of 12,440 shares of restricted common stock as part of director compensation. The shares were granted on June 18, 2026 under the company’s Amended and Restated 2000 Long-Term Incentive Plan and vest on the first anniversary of the grant date. Following this award, Schnabel directly holds 106,780 shares of common stock.

Positive

  • None.

Negative

  • None.
Insider Schnabel Michael
Role null
Type Security Shares Price Value
Grant/Award Common Stock 12,440 $0.00 --
Holdings After Transaction: Common Stock — 106,780 shares (Direct, null)
Footnotes (1)
  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.
Restricted stock grant 12,440 shares Common stock award to director on June 18, 2026
Post-transaction holdings 106,780 shares Director Michael Schnabel direct common stock ownership
Grant price per share $0.00 Issued for no cash consideration as director compensation
Vesting period 1 year Restricted stock vests on first anniversary of June 18, 2026 grant
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."
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Schnabel Michael
(Last)(First)(Middle)
C/O LIFETIME BRANDS, INC.
1000 STEWART AVENUE
(Street)
GARDEN CITY NEW YORK 11530
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
LIFETIME BRANDS, INC [ LCUT ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/18/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/18/2026A12,440(1)A$0(2)106,780D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
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.
2. The common stock was issued for no consideration as part of director compensation.
Remarks:
/s/ Sara Shindel, attorney-in-fact for Michael Schnabel06/22/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Lifetime Brands (LCUT) report for Michael Schnabel?

Lifetime Brands reported that director Michael Schnabel received 12,440 shares of restricted common stock on June 18, 2026. The award was part of his director compensation and increased his direct holdings to 106,780 shares after the transaction.

Was the LCUT insider grant to Michael Schnabel an open-market purchase?

No, the LCUT transaction was a grant, not an open-market purchase. Schnabel received 12,440 restricted shares at no cash cost as part of director compensation, issued directly by Lifetime Brands under its long-term incentive plan.

When do Michael Schnabel’s 12,440 restricted LCUT shares vest?

The 12,440 restricted LCUT shares granted to Michael Schnabel vest on the first anniversary of the June 18, 2026 grant date. This one-year vesting schedule is specified in the award terms under the company’s long-term incentive plan.

How many Lifetime Brands (LCUT) shares does Michael Schnabel hold after this grant?

After receiving the 12,440-share restricted stock grant, Michael Schnabel holds 106,780 shares of Lifetime Brands common stock directly. This updated ownership figure comes from the post-transaction balance reported in the insider filing for this award.

What plan governed the restricted stock grant to Lifetime Brands director Michael Schnabel?

The restricted stock grant to Michael Schnabel was made under Lifetime Brands’ Amended and Restated 2000 Long-Term Incentive Plan, as amended through June 18, 2024. This plan governs equity-based compensation, including the 12,440 restricted shares he received.