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STOCK TITAN

[8-K] Lifetime Brands, Inc. Reports Material Event

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K
Rhea-AI Filing Summary

On 26 June 2025, Kroger Co. (KR) Group Vice President Megan N. Shaffer filed an SEC Form 3, disclosing her initial beneficial ownership.

  • Common shares held directly: 28,859.
  • Non-qualified stock options: 10 tranches totaling 51,010 underlying shares, with exercise prices ranging from $29.12 to $66.10 and expiration dates between 2030-2035.
  • Each option grant vests 25% annually over four years, beginning one year after its grant date.

The filing is a routine insider-ownership disclosure required under Section 16(a) and does not indicate any share purchases or sales. It establishes Shaffer’s equity alignment with shareholders but, by itself, has no direct impact on Kroger’s financial results or valuation.

Il 26 giugno 2025, Megan N. Shaffer, Vicepresidente del Gruppo di Kroger Co. (KR), ha presentato un Modulo 3 alla SEC, dichiarando la sua proprietà beneficiaria iniziale.

  • Azioni ordinarie detenute direttamente: 28.859.
  • Opzioni su azioni non qualificate: 10 tranche per un totale di 51.010 azioni sottostanti, con prezzi di esercizio compresi tra $29,12 e $66,10 e scadenze tra il 2030 e il 2035.
  • Ogni concessione di opzioni matura il 25% annualmente per quattro anni, a partire da un anno dopo la data di assegnazione.

La presentazione è una comunicazione di routine richiesta dalla Sezione 16(a) riguardo alla proprietà interna e non indica alcun acquisto o vendita di azioni. Essa conferma l’allineamento azionario di Shaffer con gli azionisti ma, di per sé, non ha un impatto diretto sui risultati finanziari o sulla valutazione di Kroger.

El 26 de junio de 2025, Megan N. Shaffer, Vicepresidenta del Grupo de Kroger Co. (KR), presentó un Formulario 3 ante la SEC, revelando su propiedad beneficiaria inicial.

  • Acciones comunes poseídas directamente: 28,859.
  • Opciones sobre acciones no calificadas: 10 tramos que totalizan 51,010 acciones subyacentes, con precios de ejercicio que van desde $29.12 hasta $66.10 y fechas de vencimiento entre 2030 y 2035.
  • Cada concesión de opciones se consolida un 25% anualmente durante cuatro años, comenzando un año después de la fecha de concesión.

La presentación es una divulgación rutinaria requerida bajo la Sección 16(a) y no indica ninguna compra o venta de acciones. Establece la alineación de Shaffer con los accionistas, pero por sí sola no tiene un impacto directo en los resultados financieros o la valoración de Kroger.

2025� 6� 26�, Kroger Co.(KR) 그룹 부사장 Megan N. Shaffer가 SEC� Form 3� 제출하여 초기 실질 소유권을 공개했습니다.

  • 직접 보유 보통�: 28,859�.
  • 비자� 스톡옵션: 10� 분할� � 51,010� 기초 주식, 행사가격은 $29.12에서 $66.10 사이이며 만료일은 2030년부� 2035� 사이입니�.
  • � 옵션 부여는 부여일로부� 1� 후부� 4년에 걸쳐 매년 25%� 베스팅됩니다.

이번 제출은 섹션 16(a)� 따른 정기 내부� 소유 공개�, 주식 매매� 나타내지 않습니다. 이는 Shaffer� 주주와� 지� 정렬� 확립하지�, 자체적으로는 Kroger� 재무 결과� 가� 평가� 직접적인 영향� 미치지 않습니다.

Le 26 juin 2025, Megan N. Shaffer, Vice-présidente du groupe Kroger Co. (KR), a déposé un Formulaire 3 auprès de la SEC, divulguant sa propriété bénéficiaire initiale.

  • Actions ordinaires détenues directement : 28 859.
  • Options d’achat d’actions non qualifiées : 10 tranches totalisant 51 010 actions sous-jacentes, avec des prix d’exercice allant de 29,12 $ à 66,10 $ et des dates d’expiration entre 2030 et 2035.
  • Chaque attribution d’options acquiert 25 % par an sur quatre ans, à partir d’un an après la date d’attribution.

Le dépôt est une divulgation d’initié de routine requise par la Section 16(a) et n’indique aucun achat ou vente d’actions. Il établit l’alignement de Shaffer avec les actionnaires mais, en soi, n’a aucun impact direct sur les résultats financiers ou la valorisation de Kroger.

Am 26. Juni 2025 reichte Megan N. Shaffer, Group Vice President bei Kroger Co. (KR), ein Formular 3 bei der SEC ein, in dem sie ihren anfänglichen wirtschaftlichen Eigentum offenlegte.

  • Direkt gehaltene Stammaktien: 28.859.
  • Nicht qualifizierte Aktienoptionen: 10 Tranchen mit insgesamt 51.010 zugrundeliegenden Aktien, Ausübungspreise von $29,12 bis $66,10 und Laufzeiten zwischen 2030 und 2035.
  • Jede Optionszuteilung wird über vier Jahre mit 25 % jährlich ab dem ersten Jahr nach der Zuteilung fällig.

Die Meldung ist eine routinemäßige Offenlegung der Insider-Beteiligung gemäß Abschnitt 16(a) und zeigt keine Käufe oder Verkäufe von Aktien an. Sie stellt die Aktienausrichtung von Shaffer mit den Aktionären dar, hat jedoch für sich genommen keine direkte Auswirkung auf die Finanzergebnisse oder Bewertung von Kroger.

Positive
  • None.
Negative
  • None.

Insights

TL;DR � Routine Form 3 shows new officer holds 28.9k shares plus 51k options; neutral for valuation and sentiment.

This initial ownership statement merely records Megan Shaffer’s existing equity position as she became a Section 16 insider. The 28,859 directly owned shares and sizeable option package illustrate standard executive incentive alignment but involve no transaction that alters share count, cash flow, or governance control. Exercise prices, starting at $29.12 and topping at $66.10, sit near or above recent trading ranges, suggesting performance hurdles. Overall, the disclosure is administrative; it neither signals buying nor selling pressure and therefore carries minimal market impact.

Il 26 giugno 2025, Megan N. Shaffer, Vicepresidente del Gruppo di Kroger Co. (KR), ha presentato un Modulo 3 alla SEC, dichiarando la sua proprietà beneficiaria iniziale.

  • Azioni ordinarie detenute direttamente: 28.859.
  • Opzioni su azioni non qualificate: 10 tranche per un totale di 51.010 azioni sottostanti, con prezzi di esercizio compresi tra $29,12 e $66,10 e scadenze tra il 2030 e il 2035.
  • Ogni concessione di opzioni matura il 25% annualmente per quattro anni, a partire da un anno dopo la data di assegnazione.

La presentazione è una comunicazione di routine richiesta dalla Sezione 16(a) riguardo alla proprietà interna e non indica alcun acquisto o vendita di azioni. Essa conferma l’allineamento azionario di Shaffer con gli azionisti ma, di per sé, non ha un impatto diretto sui risultati finanziari o sulla valutazione di Kroger.

El 26 de junio de 2025, Megan N. Shaffer, Vicepresidenta del Grupo de Kroger Co. (KR), presentó un Formulario 3 ante la SEC, revelando su propiedad beneficiaria inicial.

  • Acciones comunes poseídas directamente: 28,859.
  • Opciones sobre acciones no calificadas: 10 tramos que totalizan 51,010 acciones subyacentes, con precios de ejercicio que van desde $29.12 hasta $66.10 y fechas de vencimiento entre 2030 y 2035.
  • Cada concesión de opciones se consolida un 25% anualmente durante cuatro años, comenzando un año después de la fecha de concesión.

La presentación es una divulgación rutinaria requerida bajo la Sección 16(a) y no indica ninguna compra o venta de acciones. Establece la alineación de Shaffer con los accionistas, pero por sí sola no tiene un impacto directo en los resultados financieros o la valoración de Kroger.

2025� 6� 26�, Kroger Co.(KR) 그룹 부사장 Megan N. Shaffer가 SEC� Form 3� 제출하여 초기 실질 소유권을 공개했습니다.

  • 직접 보유 보통�: 28,859�.
  • 비자� 스톡옵션: 10� 분할� � 51,010� 기초 주식, 행사가격은 $29.12에서 $66.10 사이이며 만료일은 2030년부� 2035� 사이입니�.
  • � 옵션 부여는 부여일로부� 1� 후부� 4년에 걸쳐 매년 25%� 베스팅됩니다.

이번 제출은 섹션 16(a)� 따른 정기 내부� 소유 공개�, 주식 매매� 나타내지 않습니다. 이는 Shaffer� 주주와� 지� 정렬� 확립하지�, 자체적으로는 Kroger� 재무 결과� 가� 평가� 직접적인 영향� 미치지 않습니다.

Le 26 juin 2025, Megan N. Shaffer, Vice-présidente du groupe Kroger Co. (KR), a déposé un Formulaire 3 auprès de la SEC, divulguant sa propriété bénéficiaire initiale.

  • Actions ordinaires détenues directement : 28 859.
  • Options d’achat d’actions non qualifiées : 10 tranches totalisant 51 010 actions sous-jacentes, avec des prix d’exercice allant de 29,12 $ à 66,10 $ et des dates d’expiration entre 2030 et 2035.
  • Chaque attribution d’options acquiert 25 % par an sur quatre ans, à partir d’un an après la date d’attribution.

Le dépôt est une divulgation d’initié de routine requise par la Section 16(a) et n’indique aucun achat ou vente d’actions. Il établit l’alignement de Shaffer avec les actionnaires mais, en soi, n’a aucun impact direct sur les résultats financiers ou la valorisation de Kroger.

Am 26. Juni 2025 reichte Megan N. Shaffer, Group Vice President bei Kroger Co. (KR), ein Formular 3 bei der SEC ein, in dem sie ihren anfänglichen wirtschaftlichen Eigentum offenlegte.

  • Direkt gehaltene Stammaktien: 28.859.
  • Nicht qualifizierte Aktienoptionen: 10 Tranchen mit insgesamt 51.010 zugrundeliegenden Aktien, Ausübungspreise von $29,12 bis $66,10 und Laufzeiten zwischen 2030 und 2035.
  • Jede Optionszuteilung wird über vier Jahre mit 25 % jährlich ab dem ersten Jahr nach der Zuteilung fällig.

Die Meldung ist eine routinemäßige Offenlegung der Insider-Beteiligung gemäß Abschnitt 16(a) und zeigt keine Käufe oder Verkäufe von Aktien an. Sie stellt die Aktienausrichtung von Shaffer mit den Aktionären dar, hat jedoch für sich genommen keine direkte Auswirkung auf die Finanzergebnisse oder Bewertung von Kroger.

0000874396FALSE00008743962025-06-182025-06-18

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
__________________________
FORM 8-K
__________________________
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of The Securities Exchange Act of 1934
Date of report (Date of earliest event reported): June 18, 2025

__________________________
Lifetime Brands, Inc.
(Exact Name of Registrant as Specified in Its Charter)
__________________________
Delaware0-1925411-2682486
(State or Other Jurisdiction
of Incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)

1000 Stewart Avenue, Garden City, New York 11530
(Address of Principal Executive Offices) (Zip Code)
516-683-6000
(Registrant’s Telephone Number, Including Area Code)
N/A
(Former Name or Former Address, if Changed Since Last Report)
__________________________
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading
Symbol(s)
Name of each exchange
on which registered
Common Stock, $0.01 par valueLCUTThe Nasdaq Global Select Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company  
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐





Item 5.07 Submission of Matters to a Vote of Security Holders.

The Company held its Annual Meeting on June 18, 2025, at which the Company’s stockholders voted on the following matters, which are described in detail in the Proxy Statement: (i) to elect ten (10) directors to serve on the Company’s Board until the 2026 Annual Meeting of Stockholders or until their successors are duly elected and qualified (“Proposal 1”); (ii) to ratify the appointment of Ernst & Young LLP as the independent registered public accounting firm of the Company for the fiscal year ending December 31, 2025 (“Proposal 2”); and (iii) to approve, on a non-binding advisory basis, the compensation of the Company’s named executive officers (“Proposal 3”).

Set forth below are the final voting results with respect to each of the proposals acted upon at the Annual Meeting.

Proposal 1

The Company’s stockholders elected each of the following ten (10) nominees unanimously recommended by the Board, each of whom were named in the Proxy Statement, to serve on the Board to hold office until the 2026 Annual Meeting of Stockholders or until their successors are duly elected and qualified, based on the following votes:
FORWITHHELDABSTAINBROKER NON-VOTES
Jeffrey Siegel15,301,9261,153,1573,5704,175,633
Robert B. Kay15,344,6051,112,4651,5834,175,633
Jeffrey H. Evans15,348,4691,101,5628,6224,175,633
Rachael A. Jarosh15,210,0411,241,0417,5714,175,633
Cherrie Nanninga15,084,9921,366,2367,4254,175,633
Craig Phillips14,940,7501,509,2818,6224,175,633
Veronique Gabai-Pinsky15,339,8781,111,3557,4204,175,633
Bruce G. Pollack15,193,8201,261,0503,7834,175,633
Michael J. Regan15,155,6181,294,4138,6224,175,633
Michael Schnabel15,003,6201,451,2503,7834,175,633

Proposal 2
The Company’s stockholders voted to ratify the appointment of Ernst & Young LLP to serve as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2025, based on the following votes:
FORAGAINSTABSTAIN
BROKER
NON-VOTES
20,485,914112,82035,5520

Proposal 3
The Company’s stockholders voted to approve, on an advisory, non-binding basis, the 2024 compensation of the Company’s named executive officers, based on the following votes:
FORAGAINSTABSTAIN
BROKER
NON-VOTES
14,028,2222,085,341345,0904,175,633






Item 7.01 Regulation FD Disclosure.

On June 20, 2025, the Company issued a press release announcing the results of the votes cast at the Annual Meeting and the declaration of a quarterly cash dividend of $0.0425 per share payable on August 15, 2025 to stockholders of record as of the close of business on August 1, 2025 (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.

Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
See the Exhibit Index below, which is incorporated by reference herein.


EXHIBIT INDEX

99.1    Press release issued by Lifetime Brands, Inc. on June 20, 2025, announcing the results of the 2025 Annual
Meeting and the declaration of a quarterly cash dividend.

104    The cover page from this Current Report on Form 8-K, formatted in Inline XBRL.






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.
By:/s/ Laurence Winoker
Laurence Winoker
Executive Vice President – Treasurer and Chief Financial Officer
Date: June 20, 2025

FAQ

How many Kroger (KR) common shares does Megan N. Shaffer currently own?

According to the Form 3, she directly owns 28,859 Kroger common shares.

What is the total number of Kroger shares underlying Shaffer's stock options?

The filing lists options covering 51,010 shares across 10 separate grants.

What are the exercise price ranges of the disclosed stock options?

Option exercise prices span from $29.12 to $66.10 per share.

When do the earliest and latest option grants disclosed in the Form 3 expire?

The earliest disclosed expiration is 03/12/2030; the latest is 03/13/2035.

Does the Form 3 indicate any recent insider buying or selling of KR shares?

No. The document is an initial ownership statement and reports no transactions.
Lifetime Brands Inc

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99.52M
11.59M
15.88%
73.94%
1.66%
Furnishings, Fixtures & Appliances
Cutlery, Handtools & General Hardware
United States
GARDEN CITY