Lifetime Brands Director Receives 27,777 Shares in Annual Compensation Grant
Director Veronique Gabai-Pinsky of Lifetime Brands (LCUT) received a significant stock grant as part of director compensation on June 18, 2025.
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Rhea-AI Filing Summary
Director Veronique Gabai-Pinsky of Lifetime Brands (LCUT) received a significant stock grant as part of director compensation on June 18, 2025. The transaction details include:
- Acquisition of 27,777 shares of restricted common stock at $0 consideration
- Shares will vest on the first anniversary of the grant date (June 18, 2026)
- Grant made under the Amended and Restated 2000 Long-Term Incentive Plan
- Following the transaction, Gabai-Pinsky directly owns 79,654 shares
- Additionally holds indirect ownership of 3,500 shares through spouse
This Form 4 filing indicates continued alignment of director interests with shareholders through equity-based compensation, with the one-year vesting period encouraging long-term commitment to the company.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 27,777 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- 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.
- F2. The common stock was issued for no consideration as part of director compensation.
FAQ
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What is the vesting schedule for LCUT director Gabai-Pinsky's restricted stock grant?
What is the total LCUT stock ownership of Veronique Gabai-Pinsky after the June 2025 grant?
What was the purchase price of LCUT restricted stock granted to director Gabai-Pinsky?
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