STOCK TITAN

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

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(Neutral)
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Form Type
4
Rhea-AI Filing Summary

Lifetime Brands Director Bruce G. Pollack received a grant of 27,777 restricted shares on June 18, 2025, as part of his director compensation package. The shares were granted under the company's Amended and Restated 2000 Long-Term Incentive Plan and will vest on the first anniversary of the grant date.

Following this transaction, Pollack directly owns 94,340 shares. Additionally, he may be deemed to have indirect beneficial ownership of 5,993,116 shares held by Taylor Parent LLC through his position as president of JRJ Inc., which is part of a complex ownership structure involving Centre Partners entities. However, Pollack has disclaimed beneficial ownership of these indirect shares except to the extent of his pecuniary interest.

Key Transaction Details:

  • Transaction Type: Stock Award (A)
  • Purchase Price: $0.00
  • Vesting Schedule: One-year cliff vesting
  • Transaction Date: June 18, 2025

Bruce G. Pollack, Direttore di Lifetime Brands, ha ricevuto il 18 giugno 2025 una concessione di 27.777 azioni vincolate come parte del suo pacchetto di compensi da direttore. Le azioni sono state assegnate nell'ambito del Piano Incentivi a Lungo Termine 2000 modificato e riformulato della società e matureranno al primo anniversario della data di assegnazione.

Dopo questa operazione, Pollack detiene direttamente 94.340 azioni. Inoltre, potrebbe essere considerato titolare indiretto di benefici economici su 5.993.116 azioni detenute da Taylor Parent LLC tramite la sua posizione di presidente di JRJ Inc., che fa parte di una complessa struttura proprietaria che coinvolge entità Centre Partners. Tuttavia, Pollack ha rinunciato alla titolarità economica di queste azioni indirette, fatta eccezione per la sua quota di interesse pecuniario.

Dettagli principali della transazione:

  • Tipo di transazione: Assegnazione azionaria (A)
  • Prezzo di acquisto: $0,00
  • Calendario di maturazione: maturazione integrale dopo un anno
  • Data della transazione: 18 giugno 2025

Bruce G. Pollack, Director de Lifetime Brands, recibió una concesión de 27,777 acciones restringidas el 18 de junio de 2025, como parte de su paquete de compensación como director. Las acciones fueron otorgadas bajo el Plan de Incentivos a Largo Plazo Enmendado y Reformulado de 2000 de la empresa y se consolidarán en el primer aniversario de la fecha de concesión.

Tras esta transacción, Pollack posee directamente 94,340 acciones. Además, podría considerarse que tiene propiedad indirecta beneficiosa de 5,993,116 acciones mantenidas por Taylor Parent LLC a través de su cargo como presidente de JRJ Inc., que forma parte de una estructura compleja de propiedad que involucra entidades de Centre Partners. Sin embargo, Pollack ha renunciado a la propiedad beneficiosa de estas acciones indirectas, excepto en la medida de su interés pecuniario.

Detalles clave de la transacción:

  • Tipo de transacción: Premio en acciones (A)
  • Precio de compra: $0.00
  • Calendario de consolidación: consolidación completa tras un año
  • Fecha de la transacción: 18 de junio de 2025

Lifetime Brands 이사인 Bruce G. Pollack는 2025년 6월 18일 이사 보상 패키지의 일부로 27,777 제한 주식을 부여받았습니다. 이 주식은 회사의 수정 및 재정비된 2000년 장기 인센티브 계획에 따라 부여되었으며, 부여일로부터 1년 후에 완전히 취득됩니다.

이 거래 이후 Pollack는 직접적으로 94,340 주를 보유하고 있습니다. 또한, 그는 JRJ Inc.의 사장으로서 Taylor Parent LLC가 보유한 5,993,116 주에 대해 간접적 실질 소유권을 가진 것으로 간주될 수 있는데, 이는 Centre Partners 관련 복잡한 소유 구조의 일부입니다. 그러나 Pollack는 자신의 금전적 이익 범위를 제외하고 이 간접 주식에 대한 실질 소유권을 부인했습니다.

거래 주요 내용:

  • 거래 유형: 주식 상여 (A)
  • 매입 가격: $0.00
  • 취득 일정: 1년 후 전부 취득
  • 거래 일자: 2025년 6월 18일

Bruce G. Pollack, administrateur de Lifetime Brands, a reçu une attribution de 27 777 actions restreintes le 18 juin 2025 dans le cadre de son package de rémunération d'administrateur. Les actions ont été attribuées dans le cadre du Plan d'Incitation à Long Terme modifié et reformulé de 2000 de la société et seront acquises à la date du premier anniversaire de leur attribution.

Suite à cette transaction, Pollack détient directement 94 340 actions. De plus, il peut être considéré comme ayant une propriété bénéficiaire indirecte de 5 993 116 actions détenues par Taylor Parent LLC via sa fonction de président de JRJ Inc., qui fait partie d'une structure de propriété complexe impliquant des entités Centre Partners. Cependant, Pollack a renoncé à la propriété bénéficiaire de ces actions indirectes sauf dans la mesure de son intérêt pécuniaire.

Détails clés de la transaction :

  • Type de transaction : Attribution d’actions (A)
  • Prix d’achat : 0,00 $
  • Calendrier d’acquisition : acquisition complète après un an
  • Date de la transaction : 18 juin 2025

Bruce G. Pollack, Direktor von Lifetime Brands, erhielt am 18. Juni 2025 eine Zuteilung von 27.777 eingeschränkten Aktien als Teil seines Vergütungspakets als Direktor. Die Aktien wurden im Rahmen des geänderten und neu gefassten Langfrist-Anreizplans 2000 des Unternehmens gewährt und werden am ersten Jahrestag des Zuteilungsdatums unverfallbar.

Nach dieser Transaktion besitzt Pollack direkt 94.340 Aktien. Zusätzlich könnte ihm als Präsident von JRJ Inc. ein indirekter wirtschaftlicher Eigentumsanteil an 5.993.116 Aktien zugerechnet werden, die von Taylor Parent LLC gehalten werden, welche Teil einer komplexen Eigentümerstruktur mit Centre Partners-Einheiten ist. Pollack hat jedoch das wirtschaftliche Eigentum an diesen indirekten Aktien außer im Umfang seines finanziellen Interesses ausdrücklich zurückgewiesen.

Wichtige Transaktionsdetails:

  • Transaktionstyp: Aktienzuteilung (A)
  • Kaufpreis: 0,00 $
  • Vesting-Plan: Einjähriges Cliff-Vesting
  • Transaktionsdatum: 18. Juni 2025
Positive
  • None.
Negative
  • None.

Bruce G. Pollack, Direttore di Lifetime Brands, ha ricevuto il 18 giugno 2025 una concessione di 27.777 azioni vincolate come parte del suo pacchetto di compensi da direttore. Le azioni sono state assegnate nell'ambito del Piano Incentivi a Lungo Termine 2000 modificato e riformulato della società e matureranno al primo anniversario della data di assegnazione.

Dopo questa operazione, Pollack detiene direttamente 94.340 azioni. Inoltre, potrebbe essere considerato titolare indiretto di benefici economici su 5.993.116 azioni detenute da Taylor Parent LLC tramite la sua posizione di presidente di JRJ Inc., che fa parte di una complessa struttura proprietaria che coinvolge entità Centre Partners. Tuttavia, Pollack ha rinunciato alla titolarità economica di queste azioni indirette, fatta eccezione per la sua quota di interesse pecuniario.

Dettagli principali della transazione:

  • Tipo di transazione: Assegnazione azionaria (A)
  • Prezzo di acquisto: $0,00
  • Calendario di maturazione: maturazione integrale dopo un anno
  • Data della transazione: 18 giugno 2025

Bruce G. Pollack, Director de Lifetime Brands, recibió una concesión de 27,777 acciones restringidas el 18 de junio de 2025, como parte de su paquete de compensación como director. Las acciones fueron otorgadas bajo el Plan de Incentivos a Largo Plazo Enmendado y Reformulado de 2000 de la empresa y se consolidarán en el primer aniversario de la fecha de concesión.

Tras esta transacción, Pollack posee directamente 94,340 acciones. Además, podría considerarse que tiene propiedad indirecta beneficiosa de 5,993,116 acciones mantenidas por Taylor Parent LLC a través de su cargo como presidente de JRJ Inc., que forma parte de una estructura compleja de propiedad que involucra entidades de Centre Partners. Sin embargo, Pollack ha renunciado a la propiedad beneficiosa de estas acciones indirectas, excepto en la medida de su interés pecuniario.

Detalles clave de la transacción:

  • Tipo de transacción: Premio en acciones (A)
  • Precio de compra: $0.00
  • Calendario de consolidación: consolidación completa tras un año
  • Fecha de la transacción: 18 de junio de 2025

Lifetime Brands 이사인 Bruce G. Pollack는 2025년 6월 18일 이사 보상 패키지의 일부로 27,777 제한 주식을 부여받았습니다. 이 주식은 회사의 수정 및 재정비된 2000년 장기 인센티브 계획에 따라 부여되었으며, 부여일로부터 1년 후에 완전히 취득됩니다.

이 거래 이후 Pollack는 직접적으로 94,340 주를 보유하고 있습니다. 또한, 그는 JRJ Inc.의 사장으로서 Taylor Parent LLC가 보유한 5,993,116 주에 대해 간접적 실질 소유권을 가진 것으로 간주될 수 있는데, 이는 Centre Partners 관련 복잡한 소유 구조의 일부입니다. 그러나 Pollack는 자신의 금전적 이익 범위를 제외하고 이 간접 주식에 대한 실질 소유권을 부인했습니다.

거래 주요 내용:

  • 거래 유형: 주식 상여 (A)
  • 매입 가격: $0.00
  • 취득 일정: 1년 후 전부 취득
  • 거래 일자: 2025년 6월 18일

Bruce G. Pollack, administrateur de Lifetime Brands, a reçu une attribution de 27 777 actions restreintes le 18 juin 2025 dans le cadre de son package de rémunération d'administrateur. Les actions ont été attribuées dans le cadre du Plan d'Incitation à Long Terme modifié et reformulé de 2000 de la société et seront acquises à la date du premier anniversaire de leur attribution.

Suite à cette transaction, Pollack détient directement 94 340 actions. De plus, il peut être considéré comme ayant une propriété bénéficiaire indirecte de 5 993 116 actions détenues par Taylor Parent LLC via sa fonction de président de JRJ Inc., qui fait partie d'une structure de propriété complexe impliquant des entités Centre Partners. Cependant, Pollack a renoncé à la propriété bénéficiaire de ces actions indirectes sauf dans la mesure de son intérêt pécuniaire.

Détails clés de la transaction :

  • Type de transaction : Attribution d’actions (A)
  • Prix d’achat : 0,00 $
  • Calendrier d’acquisition : acquisition complète après un an
  • Date de la transaction : 18 juin 2025

Bruce G. Pollack, Direktor von Lifetime Brands, erhielt am 18. Juni 2025 eine Zuteilung von 27.777 eingeschränkten Aktien als Teil seines Vergütungspakets als Direktor. Die Aktien wurden im Rahmen des geänderten und neu gefassten Langfrist-Anreizplans 2000 des Unternehmens gewährt und werden am ersten Jahrestag des Zuteilungsdatums unverfallbar.

Nach dieser Transaktion besitzt Pollack direkt 94.340 Aktien. Zusätzlich könnte ihm als Präsident von JRJ Inc. ein indirekter wirtschaftlicher Eigentumsanteil an 5.993.116 Aktien zugerechnet werden, die von Taylor Parent LLC gehalten werden, welche Teil einer komplexen Eigentümerstruktur mit Centre Partners-Einheiten ist. Pollack hat jedoch das wirtschaftliche Eigentum an diesen indirekten Aktien außer im Umfang seines finanziellen Interesses ausdrücklich zurückgewiesen.

Wichtige Transaktionsdetails:

  • Transaktionstyp: Aktienzuteilung (A)
  • Kaufpreis: 0,00 $
  • Vesting-Plan: Einjähriges Cliff-Vesting
  • Transaktionsdatum: 18. Juni 2025
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*
POLLACK BRUCE G

(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) 94,340 D
Common Stock 5,993,116 I(3) See Footnote 3
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.
3. Represents shares held by Taylor Parent, LLC ("Taylor Parent"). CP Taylor GP, LLC ("CP Taylor") has the authority to appoint the board of directors of Taylor Parent. Centre Partners V, L.P. ("Centre Partners LP") is the sole member of CP Taylor. Centre Partners V LLC ("Centre Partners") is the general partner of Centre Partners LP. JRJ V LP ("JRJ LP") is a co-manager of Centre Partners. JRJ Inc. ("JRJ") is the general partner of JRJ LP. The reporting person is the president of JRJ. As such, the reporting person may be deemed to beneficially own the shares of common stock owned directly by Taylor Parent. The reporting person disclaims beneficial ownership of such shares, and this report may not be deemed an admission that either the reporting person is the beneficial owner of the shares for purposes of Section 16 or for any other purpose, except to the extent of his pecuniary interest therein.
Remarks:
/s/ Sara Shindel, attorney-in-fact for Bruce G. Pollack 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 LCUT shares did Bruce Pollack acquire on June 18, 2025?

Bruce Pollack acquired 27,777 shares of LCUT common stock on June 18, 2025, as part of his director compensation in the form of restricted stock that vests on the first anniversary of the grant date.

What is the total direct ownership of LCUT shares by Bruce Pollack after the June 2025 transaction?

Following the reported transaction, Bruce Pollack directly owned 94,340 shares of LCUT stock.

What is Bruce Pollack's indirect ownership of LCUT through Taylor Parent, LLC?

Bruce Pollack has indirect beneficial ownership of 5,993,116 shares of LCUT through Taylor Parent, LLC, though he disclaims beneficial ownership except to the extent of his pecuniary interest.

What was the purchase price of LCUT shares acquired by Bruce Pollack in the June 2025 transaction?

The shares were issued for no consideration ($0) as part of director compensation under the Company's Amended and Restated 2000 Long-Term Incentive Plan.

When will Bruce Pollack's newly acquired LCUT restricted stock vest?

The restricted stock granted on June 18, 2025, will vest on the first anniversary of the grant date, which would be June 18, 2026.
Lifetime Brands Inc

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82.04M
11.59M
15.88%
73.94%
1.66%
Furnishings, Fixtures & Appliances
Cutlery, Handtools & General Hardware
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United States
GARDEN CITY