Form 4: Lifetime Brands Director Jeffrey Siegel Gifts 10,000 Shares to Grandchildren
SEC Filing Form 4
Director Jeffrey Siegel of Lifetime Brands, Inc. (LCUT) gifted 10,000 shares of common stock to his grandchildren on March 7, 2025.
Summary
- On March 7, 2025, Jeffrey Siegel, a director of Lifetime Brands, Inc. (LCUT), gifted 10,000 shares of the company's common stock to his grandchildren.
- The transaction was reported on a Form 4 filing with the SEC.
- Following the gift, Siegel directly owns 1,140,251 shares of Lifetime Brands common stock.
- Siegel also indirectly owns 1,010 shares through his spouse.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. The gift transaction itself doesn't inherently indicate positive or negative sentiment regarding the company's performance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Gifts of stock are not uncommon and can be part of estate planning strategies.
Stakeholder Impact
- The gift transaction has a minimal direct impact on stakeholders.
Key Dates
| Date | Description |
|---|---|
| 03/07/2025 | Date of the stock gift transaction. |
| 03/11/2025 | Date of the Form 4 filing. |
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