STOCK TITAN

Lifetime Brands (LCUT) director awarded 12,440 restricted shares as compensation

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

Rhea-AI Filing Summary

NANNINGA CHERRIE reported acquisition or exercise transactions in this Form 4 filing.

LIFETIME BRANDS, INC director Cherrie Nanninga received a grant of 12,440 shares of common stock as part of director compensation. The restricted stock was issued for no cash consideration under the company’s Amended and Restated 2000 Long-Term Incentive Plan and will vest on the first anniversary of the June 18, 2026 grant date. Following this award, Nanninga holds 141,054 shares of common stock directly.

Positive

  • None.

Negative

  • None.
Insider NANNINGA CHERRIE
Role null
Type Security Shares Price Value
Grant/Award Common Stock 12,440 $0.00 --
Holdings After Transaction: Common Stock — 141,054 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 Awarded June 18, 2026 as director compensation
Post-grant holdings 141,054 shares Common stock held directly after the transaction
Grant price $0.0000 per share Issued for no consideration as part of compensation
Vesting schedule 1-year cliff vesting 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."
Grant, award, or other acquisition regulatory
"transaction_code_description: Grant, award, or other acquisition"
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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*
NANNINGA CHERRIE

(Last)(First)(Middle)
C/O LIFETIME BRANDS
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)141,054D
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 Cherrie Nanninga06/22/2026
** 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)

FAQ

What insider transaction did LCUT director Cherrie Nanninga report?

LCUT director Cherrie Nanninga reported receiving 12,440 shares of common stock as a restricted stock grant. The award was part of director compensation and involved no cash payment, reflecting equity-based pay rather than an open-market purchase or sale.

How many LCUT shares does Cherrie Nanninga hold after this grant?

After the restricted stock grant, Cherrie Nanninga holds 141,054 shares of Lifetime Brands common stock. This total reflects her direct ownership following the 12,440-share award reported in the Form 4 insider transaction filed for the June 18, 2026 grant.

Was the LCUT restricted stock grant to Cherrie Nanninga an open-market purchase?

No, the 12,440-share grant to Cherrie Nanninga was not an open-market purchase. The common stock was issued for no consideration as part of director compensation under Lifetime Brands’ long-term incentive plan, rather than being bought on the stock market.

When does Cherrie Nanninga’s LCUT restricted stock award vest?

The restricted stock award to Cherrie Nanninga vests on the first anniversary of the June 18, 2026 grant date. Vesting means she will fully earn the 12,440 restricted shares after one year, assuming she meets the applicable service conditions.

Under which plan was the LCUT restricted stock granted to Cherrie Nanninga?

The restricted stock was granted under Lifetime Brands’ Amended and Restated 2000 Long-Term Incentive Plan, as amended through June 18, 2024. This plan governs equity-based awards such as restricted stock used to compensate directors and align their interests with shareholders.

Did Cherrie Nanninga pay for the LCUT shares reported in this Form 4?

No, Cherrie Nanninga did not pay cash for these shares. Footnotes explain the 12,440 shares of common stock were issued for no consideration as part of her director compensation, making this a stock grant rather than a purchase transaction.