WINOKER LAURENCE 4
4 · LIFETIME BRANDS, INC · Filed Mar 12, 2026
Research Summary
AI-generated summary of this filing
Lifetime Brands (LCUT) CFO Laurence Winoker Withholds Shares for Taxes
What Happened
Laurence Winoker, EVP, Treasurer & CFO of Lifetime Brands (LCUT), had 1,396 shares withheld to satisfy a tax liability tied to the vesting of restricted stock. The filing reports the shares were disposed at $3.02 per share for a total value of approximately $4,216. This was a tax-withholding disposition (transaction code F), not an open-market sale driven by investment intent.
Key Details
- Transaction date: 2026-03-11; reported/ filed: 2026-03-12 (timely filing).
- Disposition: 1,396 shares withheld at $3.02/share → ~$4,216. (Code F = tax withholding)
- Footnote: Withholding was to pay taxes incident to the vesting of 3,375 restricted shares granted 2025-03-11, which vest in four equal annual installments starting 2026-03-11.
- Shares owned after the transaction: not specified in the provided excerpt.
Context
Tax-withholding by issuing or retaining shares upon RSU vesting is routine and generally does not reflect the insider’s buying/selling preference for the company’s stock. This transaction simply covered tax obligations when RSUs vested; it should not be interpreted as a discretionary sale.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-03-11$3.02/sh−1,396$4,216→ 138,184 total
Footnotes (1)
- [F1]Payment of tax liability by withholding Common Stock incident to the vesting of 3,375 restricted stock. The restricted shares were granted on March 11, 2025 and vest in four equal installments on each of March 11, 2026, March 11, 2027, March 11, 2028, March 11, 2029.