Jarosh Rachael 4
Research Summary
AI-generated summary
Lifetime Brands (LCUT) Director Rachael Jarosh Receives Award
What Happened
- Rachael Jarosh, a director of Lifetime Brands, was granted 12,440 restricted shares on June 18, 2026. The shares were issued for no consideration (price $0.00) as part of director compensation.
Key Details
- Transaction date: June 18, 2026; Form 4 filed June 22, 2026 (filed within required reporting window).
- Transaction type/code: Award/Grant (A).
- Shares granted: 12,440; acquisition price shown as $0.00 (no cash paid).
- Shares owned after transaction: not specified in the filing.
- Footnotes: F1 — Restricted stock vests on the first anniversary of the grant (June 18, 2027). F2 — Common stock issued for no consideration as part of director compensation.
Context
- This was a compensation award to a director, not a market purchase or sale. Such restricted stock grants are common as long-term compensation and vest over time, and do not necessarily signal the director buying or selling based on near-term views of the stock.