Lifetime Brands (LCUT) CEO granted 79,114-share stock award, tax shares withheld
Rhea-AI Filing Summary
Lifetime Brands, Inc. CEO Robert Bruce Kay reported equity compensation and related tax withholding transactions in company common stock. On March 9, 2026, he received a grant of 79,114 restricted shares at no cost, which vest in four equal annual installments starting on the first anniversary of the grant date.
On March 8, 2026, a total of 12,042 shares were withheld at $3.16 per share to pay tax liabilities tied to vesting restricted stock from grants dated March 8, 2022, March 8, 2023, and March 8, 2024. After these transactions, he directly holds 766,168 shares of common stock. An irrevocable family trust associated with his spouse holds 66,000 shares, for which he disclaims beneficial ownership.
Positive
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Negative
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Insights
CEO received a sizable stock grant, while share withholdings only covered taxes on vesting awards.
The CEO of Lifetime Brands, Inc. received 79,114 restricted shares on
On
FAQ
What did Lifetime Brands (LCUT) CEO Robert Bruce Kay report on this Form 4?
How many Lifetime Brands (LCUT) shares does the CEO hold after these transactions?
Was there any open-market buying or selling by the Lifetime Brands (LCUT) CEO?
What is the vesting schedule for the 79,114 restricted shares granted to the Lifetime Brands (LCUT) CEO?
Why were Lifetime Brands (LCUT) shares withheld on March 8, 2026 for the CEO?
How are the Lifetime Brands (LCUT) shares held in the family trust treated for the CEO’s ownership?