Form 4: Lifetime Brands Director Gabai-Pinsky Reports Acquisition of Common Stock

Veronique Gabai-Pinsky, a director at Lifetime Brands, reported acquiring 11,653 shares of common stock as part of director compensation.

Summary

• On June 20, 2024, Veronique Gabai-Pinsky, a director of Lifetime Brands, acquired 11,653 shares of common stock.
• The acquisition was part of director compensation and involved no consideration.
• These shares were granted as restricted stock under the company's Amended and Restated 2000 Long-Term Incentive Plan.
• The restricted stock vests on the first anniversary of the grant date.
• Following the transaction, Gabai-Pinsky beneficially owns 51,877 shares of Lifetime Brands common stock.

Sentiment

Score: 7

Explanation: Routine director compensation, indicating confidence. No negative aspects.

Positives

• The acquisition of shares by a director signals confidence in the company's future.

Industry Context

Director stock acquisitions are common and are viewed as a positive sign of confidence in the company's prospects.

Stakeholder Impact

• The acquisition of shares by a director can positively influence shareholder sentiment.

Key Dates