NANNINGA CHERRIE 4

What Happened

Cherrie Nanninga, a director of Lifetime Brands, Inc. (LCUT), received a grant of 12,440 restricted shares on June 18, 2026. The shares were issued at $0.00 (no cash consideration) as part of director compensation under the company's long-term incentive plan. This was an award/grant (transaction code A), not a market purchase or sale.

Key Details

• Transaction date: 2026-06-18; Form 4 filed: 2026-06-22 (filed within required reporting window).
• Shares granted: 12,440; reported acquisition price: $0.00 (issued for no consideration).
• Shares owned after transaction: Not specified in the filing.
• Footnotes:
  • F1: Grant made under the Amended and Restated 2000 Long-Term Incentive Plan (as amended through June 18, 2024); shares vest on the first anniversary of the grant (June 18, 2027).
  • F2: Common stock issued for no consideration as part of director compensation.
• Transaction type: Award/grant — typically compensation-related rather than an indicator of buying or selling sentiment.

Context

Restricted stock awards to directors are common compensation and vest over time; they represent compensation expense and do not necessarily signal the director's view of the company’s near-term prospects. Because these shares were granted (not purchased or sold), they should be interpreted as compensation rather than an outright bullish or bearish trading decision.