Lifetime Brands (LCUT) director receives 12,440-share restricted stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Regan Michael J reported acquisition or exercise transactions in this Form 4 filing.
LIFETIME BRANDS, INC director Michael J. Regan received a grant of 12,440 shares of common stock on June 18, 2026 as part of his director compensation. The shares are in the form of restricted stock that vests on the first anniversary of the grant date. Following this award, he holds 125,828 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Regan Michael J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 12,440 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 125,828 shares (Direct, null)
Footnotes (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.
Key Figures
Restricted stock grant: 12,440 shares
Post-transaction holdings: 125,828 shares
Grant price: $0.00 per share
+1 more
4 metrics
Restricted stock grant
12,440 shares
Awarded June 18, 2026 as director compensation
Post-transaction holdings
125,828 shares
Common stock held directly after grant
Grant price
$0.00 per share
Issued for no consideration as compensation
Vesting date
First anniversary of June 18, 2026
Restricted stock vests after one year
Key Terms
restricted stock, Amended and Restated 2000 Long-Term Incentive Plan, director compensation
3 terms
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."
FAQ
What did Michael J. Regan report in this LCUT Form 4 filing?
Michael J. Regan reported receiving 12,440 shares of restricted common stock as director compensation. The award was granted on June 18, 2026 and increases his direct holdings to 125,828 shares following the transaction.
What is the vesting schedule for Michael J. Regan’s LCUT restricted stock grant?
The restricted stock vests on the first anniversary of the June 18, 2026 grant date. This means the 12,440 shares become fully vested after one year, assuming any plan conditions are satisfied under the company’s long-term incentive plan.
Under what plan was Michael J. Regan’s LCUT restricted stock granted?
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 the restricted stock granted to directors.