{"url_path":"/sec/lcut/8-k/2026-06-22/item-5-02","section_key":"item-5-02","section_title":"Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-06-22","source_url":"https://www.sec.gov/Archives/edgar/data/874396/0000874396-26-000026-index.html","accession_number":"0000874396-26-000026","cik":"0000874396","ticker":"LCUT","issuer_name":"LIFETIME BRANDS, INC","edgar_url":"https://www.sec.gov/Archives/edgar/data/874396/0000874396-26-000026-index.html","primary_entity_key":"0000874396","primary_entity_name":"LIFETIME BRANDS, INC"},"word_count":269,"has_tables":true,"body_markdown":"Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.\n\nAt the annual meeting of stockholders of Lifetime Brands, Inc. (the “Company”) held on June 18, 2026 (the “Annual Meeting”), the Company’s stockholders approved an amendment and restatement of the Company’s Amended and Restated 2000 Long-Term Incentive Plan (as amended and restated, the “Plan”) (see Item 5.07 below). The purpose of the Plan is to provide a means to attract, retain, motivate and reward selected directors, officers, employees, consultants and certain service providers of the Company and its affiliates and to increase their ownership interests in the Company. The types of awards that may be granted under the Plan include stock options, stock appreciation rights, restricted stock, deferred stock, stock grants and certain other awards. Under the Plan, the Company will reserve for issuance 10,717,500 shares of the Company’s common stock, $0.01 par value (the “Common Stock”), subject to adjustment as provided in the Plan. It is not possible to determine specific amounts and types of awards that may be granted to eligible participants under the Plan (as amended and restated) subsequent to the Annual Meeting because the grant and payment of such awards is subject to the discretion of the Compensation Committee of the Company’s Board of Directors (the “Board”).\n\nThis summary of the Plan is qualified in its entirety by reference to the full text of the Plan, which is filed as Appendix B to the Company's Definitive Proxy Statement on Schedule 14A filed on April 24, 2026 (the “Proxy Statement”), which is incorporated herein by reference."}