Lifetime Brands Director Receives 27,777 Shares in Compensation Grant

Craig Phillips, Director at Lifetime Brands (LCUT), received a grant of 27,777 restricted shares of common stock on June 18, 2025, as part of director compensation.

Rhea-AI Filing Summary

Craig Phillips, Director at Lifetime Brands (LCUT), received a grant of 27,777 restricted shares of common stock on June 18, 2025, as part of director compensation. The shares were awarded at no cost ($0) under the company's Amended and Restated 2000 Long-Term Incentive Plan.

Key details of the transaction:

• The restricted stock grant will vest on the first anniversary of the grant date (June 18, 2026)
• Following the transaction, Phillips beneficially owns 645,293 shares directly
• The shares were issued as part of standard director compensation arrangements
• The Form 4 was filed through an attorney-in-fact on June 20, 2025

This insider transaction represents standard board compensation practices and indicates continued alignment between director and shareholder interests through equity-based compensation.

Insider Trade Summary

Grant/Award: 27,777 shares

Grant/Award 1 txn

Insider PHILLIPS CRAIG

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	27,777	$0.00	$0.00

Holdings After Transaction: Common Stock — 645,293 shares (Direct)

Footnotes (2)

1. F1. The restricted stock was granted on June 18, 2025, pursuant to the Company's Amended and Restated 2000 Long-Term Incentive Plan (as amended through June 20, 2024) and vests on the first anniversary of the date of grant.
2. F2. The common stock was issued for no consideration as part of director compensation.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many shares of LCUT stock did Director Craig Phillips acquire on June 18, 2025?

Director Craig Phillips acquired 27,777 shares of restricted common stock on June 18, 2025, as part of his director compensation package.

What was the purchase price for LCUT shares acquired by Craig Phillips in the June 2025 transaction?

The shares were issued at $0 consideration, as they were granted as part of director compensation under the Company's Amended and Restated 2000 Long-Term Incentive Plan.

How many LCUT shares does Craig Phillips own after the June 2025 transaction?

Following the reported transaction, Craig Phillips beneficially owns 645,293 shares of LCUT stock directly.

What are the vesting terms for LCUT restricted stock granted to Craig Phillips?

The restricted stock granted on June 18, 2025, vests on the first anniversary of the grant date (June 18, 2026), according to the terms of the Company's Amended and Restated 2000 Long-Term Incentive Plan.

Who filed the Form 4 for LCUT Director Craig Phillips?

The Form 4 was filed by Sara Shindel, acting as attorney-in-fact for Craig Phillips, and was signed on June 20, 2025.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/20/2025 - 04:18 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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^*

PHILLIPS CRAIG

(Last) (First) (Middle)

C/O LIFETIME BRANDS INC.

1000 STEWART AVENUE

(Street)

GARDEN CITY NY 11530

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
LIFETIME BRANDS, INC [ LCUT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
06/18/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/18/2025		A		27,777(1)	A	$0(2)	645,293	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The restricted stock was granted on June 18, 2025, pursuant to the Company's Amended and Restated 2000 Long-Term Incentive Plan (as amended through June 20, 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 Craig Phillips	06/20/2025
	** Signature of Reporting Person	Date
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.