Lifetime Brands Reports Director, Officer, and Compensation Updates
Ticker: LCUT · Form: 8-K · Filed: Jan 22, 2025 · CIK: 874396
| Field | Detail |
|---|---|
| Company | Lifetime Brands, Inc (LCUT) |
| Form Type | 8-K |
| Filed Date | Jan 22, 2025 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01, $60,000, $105,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, executive-compensation, filing-update
TL;DR
Lifetime Brands filed an 8-K detailing board/officer changes and compensation. No major financial news.
AI Summary
Lifetime Brands, Inc. announced on January 17, 2025, changes related to its board of directors and certain officers, including elections and appointments. The company also disclosed compensatory arrangements for its officers and provided updates on financial statements and exhibits. This filing follows the company's standard reporting requirements under the Securities Exchange Act of 1934.
Why It Matters
This filing provides insight into the company's governance and executive compensation structure, which can influence investor confidence and strategic direction.
Risk Assessment
Risk Level: low — The filing primarily concerns routine corporate governance and executive appointments, with no immediate indication of significant financial distress or major strategic shifts.
Key Players & Entities
- LIFETIME BRANDS, INC (company) — Registrant
- January 17, 2025 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of Incorporation
- 1000 Stewart Avenue, Garden City, New York 11530 (address) — Principal Executive Offices
- 516 - 683-60 (phone_number) — Business Phone
FAQ
What specific changes were made regarding directors or officers?
The filing indicates "Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers" but does not specify the names or exact nature of these changes in the provided text.
What is the purpose of the 'Compensatory Arrangements of Certain Officers' item?
This item typically discloses details about the compensation, bonuses, stock options, or other benefits provided to the company's key executives.
Are there any new financial statements or exhibits filed with this report?
Yes, the filing lists 'Financial Statements and Exhibits' as an item, suggesting that relevant financial information or supporting documents are included.
What is the significance of the 'Regulation FD Disclosure' item?
Regulation FD (Fair Disclosure) ensures that material non-public information is disclosed broadly to all investors, not selectively to certain parties.
When was Lifetime Brands, Inc. incorporated?
Lifetime Brands, Inc. was incorporated in Delaware.
Filing Stats: 727 words · 3 min read · ~2 pages · Grade level 10.6 · Accepted 2025-01-22 16:33:02
Key Financial Figures
- $0.01 — ange on which registered Common Stock, $0.01 par value LCUT The Nasdaq Global Select
- $60,000 — ill receive (i) annual retainer fees of $60,000 for serving as director; and (ii) an an
- $105,000 — tor; and (ii) an annual equity grant of $105,000 in restricted common stock, prorated fr
Filing Documents
- lcut-20250117.htm (8-K) — 26KB
- ex99101222025.htm (EX-99.1) — 10KB
- image_0.jpg (GRAPHIC) — 3KB
- 0001628280-25-002198.txt ( ) — 164KB
- lcut-20250117.xsd (EX-101.SCH) — 2KB
- lcut-20250117_lab.xml (EX-101.LAB) — 21KB
- lcut-20250117_pre.xml (EX-101.PRE) — 12KB
- lcut-20250117_htm.xml (XML) — 3KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. On January 22, 2025, the Company issued a press release announcing the appointment of Jeffrey Evans to the Board (the "Press Release"). The Press Release is attached to this Current Report on Form 8-K as Exhibit 99.1. The information contained in this Item 7.01 and Exhibit 99.1 hereto shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits See the Exhibit Index below, which is incorporated by reference herein. EXHIBIT INDEX Exhibit No. 99.1 Press release dated January 22, 2025 104 Cover Page Interactive Data File (formatted in Inline XBRL document)
Signatures
Signatures Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Lifetime Brands, Inc. Date: January 22, 2025 By: /s/ Laurence Winoker Laurence Winoker Executive Vice President, Treasurer and Chief Financial Officer