Lifetime Brands (LCUT) president awarded 63K shares, withholds stock for taxes

Rhea-AI Filing Summary

Lifetime Brands President Daniel Siegel reported equity compensation and related tax withholding transactions in company stock. On March 9, 2026, he received a grant of 63,292 shares of restricted Common Stock at $0.00 per share, vesting 25% per year in four equal annual installments starting on the first anniversary of the grant.

On March 8, 2026, a total of 5,583 shares of Common Stock were withheld at $3.16 per share to cover tax liabilities tied to the vesting of earlier restricted stock awards granted in 2022, 2023, and 2024. After these transactions, Siegel holds 471,402 shares directly, with additional indirect holdings of 8,400 shares through his spouse and 3,400 shares as custodian for his son.

Insights

Equity compensation and governance analyst

Routine stock grant and tax withholding, modest versus overall holdings.

Lifetime Brands President Daniel Siegel received 63,292 restricted shares on March 9, 2026 as part of the company’s long‑term incentive plan. The grant vests 25% annually over four years, aligning compensation with multi‑year company performance.

On March 8, 2026, 5,583 shares were disposed of via F‑code transactions at $3.16 per share to satisfy tax obligations from vesting restricted stock granted in 2022, 2023, and 2024. These are non‑market, mechanistic withholdings rather than open‑market sales.

Following the transactions, Siegel directly owns 471,402 shares, plus indirect positions through his spouse and as custodian for his son. The tax withholdings are small relative to his overall stake, so the filing mainly updates investors on ongoing equity compensation rather than signaling a change in sentiment.

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

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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^*

SIEGEL DANIEL

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
03/08/2026

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	03/08/2026		F		1,706	D	$3.16(1)	411,987	D
Common Stock	03/08/2026		F		1,809	D	$3.16(2)	410,178	D
Common Stock	03/08/2026		F		2,068	D	$3.16(3)	408,110	D
Common Stock	03/09/2026		A		63,292	A	$0(4)	471,402	D
Common Stock								8,400	I	Spouse
Common Stock								3,400(5)	I	Custodian for son

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. Payment of tax liability by withholding Common Stock incident to the vesting of 4,125 restricted stock. The restricted shares were granted on March 8, 2022 and vest 25% per year in four equal installments on each of March 8, 2023, March 8, 2024, March 8, 2025, and March 8, 2026.

2. Payment of tax liability by withholding Common Stock incident to the vesting of 4,375 restricted stock. The restricted shares were granted on March 8, 2023 and vest 25% per year in four equal installments on each of March 8, 2024, March 8, 2025, March 8, 2026, and March 8, 2027.

3. Payment of tax liability by withholding Common Stock incident to the vesting of 5,000 restricted stock. The restricted shares were granted on March 8, 2024 and vest 25% per year in four equal installments on each of March 8, 2025, March 8, 2026, March 8, 2027, and March 8, 2028.

4. The restricted stock was granted on March 9, 2026 pursuant to the Company's Amended and Restated 2000 Long-Term Incentive Plan and vests 25% per year in four equal annual installments commencing on the first anniversary of the date of grant.

5. Uniform Transfer to Minors Act Custodian for Child 2

Remarks:

	/s/ Sara Shindel, attorney-in-fact for Daniel Siegel	03/10/2026
	** 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).
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FAQ

What insider transactions did Lifetime Brands (LCUT) President Daniel Siegel report?

Daniel Siegel reported a grant of 63,292 restricted Common Stock shares on March 9, 2026, plus tax-withholding dispositions totaling 5,583 shares on March 8, 2026. The dispositions were shares withheld to cover tax liabilities from vesting restricted stock awards granted in 2022, 2023, and 2024.

How many Lifetime Brands (LCUT) shares does Daniel Siegel hold after these Form 4 transactions?

After the reported transactions, Daniel Siegel directly owns 471,402 Lifetime Brands Common Stock shares. He also has indirect holdings of 8,400 shares through his spouse and 3,400 shares as custodian for his son, according to the ownership details disclosed in the filing.

Was Daniel Siegel’s Lifetime Brands (LCUT) Form 4 a stock purchase or sale?

The filing shows an equity grant and tax withholdings, not open-market trades. Siegel received 63,292 restricted shares at no cost and had 5,583 shares withheld at $3.16 per share to pay tax liabilities from vesting restricted stock awards granted in prior years.

What are the vesting terms of Daniel Siegel’s new Lifetime Brands (LCUT) restricted stock grant?

The 63,292-share restricted stock grant dated March 9, 2026 vests 25% per year in four equal annual installments. Vesting starts on the first anniversary of the grant date, aligning the award with longer-term company and executive performance over a four-year period.

Why were Lifetime Brands (LCUT) shares withheld from Daniel Siegel on March 8, 2026?

Shares were withheld to satisfy tax liabilities triggered by vesting restricted stock. Three separate awards granted in 2022, 2023, and 2024 each vested 25% on March 8, 2026, leading to F‑code transactions totaling 5,583 shares at $3.16 per share for tax payment.

Does Daniel Siegel have any remaining derivative or option positions in Lifetime Brands (LCUT) from this filing?

The derivative section of the filing is empty, and the derivative transaction summary shows zero derivative transactions or remaining derivative positions. This Form 4 only reports non-derivative Common Stock holdings, grants, and tax-withholding dispositions related to restricted stock.