{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-25-002928","form_type":"8-K","ticker":"LCUT","cik":"0000874396","company_name":"LIFETIME BRANDS, INC","filed_at":"2025-01-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:06.571661+00:00","generated_at":"2026-05-27T07:46:24.952929+00:00","sec_items":["1.01","2.03","2.05","7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Lifetime Brands signs 15-year lease for 1.03M sq ft Hagerstown DC; relocation from Robbinsville by Q2 2026","bullets":["Lease for 1,027,526 sq ft Hagerstown, MD distribution center; 15-year term, base rent $7.3M first year, escalating 3% annually.","Relocation from Robbinsville, NJ; expected operational Q2 2026; increases capacity by 327,000 sq ft (46%).","Exit costs up to $7M (severance, relocation, remaining lease costs) and one-time relocation costs up to $7M in 2026.","Capital expenditures of ~$10M for equipment/leasehold improvements; tax abatements/incentives from Maryland ~$13M over lease term.","Total rent abatement of $7.2M for first 36 months; tenant improvement allowance $5.1M; letter of credit $2.7M."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-25-002928","json":"https://secwatch.observer/filing/0001628280-25-002928.json","markdown":"https://secwatch.observer/filing/0001628280-25-002928.md","text":"https://secwatch.observer/filing/0001628280-25-002928.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/874396/000162828025002928/0001628280-25-002928-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/874396/000162828025002928/lcut-20250123.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-27T07:46:24.952929+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}