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[Form 4] Lifetime Brands, Inc. Insider Trading Activity

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

Positive
  • None.
Negative
  • None.
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*
Gabai-Pinsky Veronique

(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) 79,654 D
Common Stock 3,500 I Spouse
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 Veronique Gabai-Pinsky 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.

FAQ

How many shares of LCUT stock did Veronique Gabai-Pinsky acquire on June 18, 2025?

Veronique Gabai-Pinsky acquired 27,777 shares of LCUT common stock on June 18, 2025, as part of her director compensation in the form of restricted stock.

What is the vesting schedule for LCUT director Gabai-Pinsky's restricted stock grant?

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

What is the total LCUT stock ownership of Veronique Gabai-Pinsky after the June 2025 grant?

After the June 18, 2025 grant, Veronique Gabai-Pinsky beneficially owns a total of 83,154 shares of LCUT, consisting of 79,654 shares held directly and 3,500 shares held indirectly through her spouse.

What was the purchase price of LCUT restricted stock granted to director Gabai-Pinsky?

The restricted stock was issued for no consideration ($0) as part of director compensation, according to the Form 4 filing.
Lifetime Brands Inc

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72.95M
11.83M
15.77%
70.27%
1.05%
Furnishings, Fixtures & Appliances
Cutlery, Handtools & General Hardware
Link
United States
GARDEN CITY