Welcome to our dedicated page for Lovesac Co. SEC filings (Ticker: LOVE), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Lovesac Company's SEC filings document a Delaware corporation with common stock listed on Nasdaq under LOVE. The record includes Form 8-K reports for operating results, Regulation FD disclosures, share repurchase authorization, and director appointments, along with proxy materials for board governance, director compensation, shareholder voting, and executive compensation matters.
These filings describe the company's home furnishing business, including Sactionals, Sacs, accessories, retail stores, and online sales, while also presenting capital structure details, reported financial condition, and governance policies. Recent event reports connect formal disclosure to earnings releases, repurchase programs, and board composition changes.
Farag Andrew reported acquisition or exercise transactions in this Form 4 filing.
Lovesac Co EVP and CFO Andrew Farag received a compensation grant of restricted stock units. The award covers 28,843 RSUs, each representing the right to receive one share of Lovesac common stock upon vesting. These RSUs vest in three equal installments on the first, second and third anniversaries of the June 23, 2026 grant date. After this grant, Farag is reported as holding 28,843 RSUs directly.
Lovesac Co executive vice president and CFO Andrew Farag filed an initial Form 3 reporting his beneficial ownership in the company’s common stock. The filing shows he currently reports no shares of Lovesac common stock held directly after this reporting.
Lovesac Co Chief Executive Officer Shawn David Nelson reported an open-market purchase of 1,830 shares of common stock at $13.6400 per share. After this transaction, he directly owns 205,644 shares. A further 52,094 shares are held indirectly through The LDPV Holding Trust, over which he has sole disposition authority.
Lovesac Co President Mary Fox reported an open-market purchase of 1,720 shares of Lovesac common stock at a weighted average price of $14.41 per share. After this transaction, she directly owns 71,674 shares. The filing notes the shares were bought in multiple trades between $14.36 and $14.45.
Lovesac Co director Andrew R. Heyer purchased additional company stock in the open market. On June 18, 2026, he bought 30,000 shares of common stock at a weighted average price of $14.68 per share. Following this transaction, he directly owns 293,259 shares of Lovesac common stock.
The Lovesac Company is implementing a planned CFO transition. The board appointed Andrew Farag as Executive Vice President, Chief Financial Officer, Treasurer and principal accounting officer, effective June 15, 2026. He brings more than 20 years of finance and operational leadership experience across consulting and corporate CFO/COO roles.
Farag’s compensation includes a $560,000 base salary, an annual cash incentive targeted at 70% of salary (capped at 140%), and annual RSU grants with a grant-date value of about $791,000, plus a $255,000 cash signing bonus and a one-time RSU grant of about $450,000. Outgoing CFO Keith Siegner will resign effective June 15, 2026 and remain in a non-executive role through June 22, 2026.
Under a Separation Agreement, Siegner is eligible for $576,800 in cash severance paid over 12 months, accelerated vesting of 3,189 time-based RSUs and 2,963 performance-based RSUs granted in 2023, and up to 12 months of subsidized COBRA benefits. The company states his departure is not related to financial or accounting issues or any disagreement on operations, policies or practices, and it reaffirmed previously issued second-quarter and full-year fiscal 2027 financial guidance.
Lovesac Co EVP and CFO Keith R. Siegner reported routine equity compensation activity. On June 11, 2026, 5,071 restricted stock units vested and converted into 5,071 shares of common stock at no cost. To cover related tax liabilities on time- and performance-based RSUs, 2,226 shares and 2,350 shares were withheld at $16.30 per share, and the footnotes state that no shares were sold on the market. Following these transactions, he held 36,158 common shares directly.
Lovesac Co chief executive officer Shawn David Nelson reported equity compensation activity and related tax withholding. Time-based and performance-based restricted stock units vested, resulting in an acquisition of 9,616 shares of common stock at a stated price of $0.00 per share. The filing shows that 8,483 shares of common stock were withheld at $16.30 per share to cover tax liabilities tied to these RSU vestings; the footnotes clarify that no shares were sold on the market. Following these transactions, Nelson directly holds 212,297 shares of Lovesac common stock and indirectly holds 52,094 shares through The LDPV Holding Trust, over which he has sole authority regarding disposition.
Lovesac Co President Mary Fox reported routine equity compensation activity involving restricted stock units (RSUs). On June 11, 2026, 9,616 RSUs were exercised into an equal number of common shares at $0.00 per share, reflecting vesting of prior RSU grants.
To cover related tax obligations, a total of 8,864 common shares were withheld by the company in two separate transactions at $16.30 per share, and no shares were sold on the open market. After these transactions, Fox directly held 78,818 shares of Lovesac common stock.
The Lovesac Company reported a small quarterly net loss as sales were essentially flat. Net sales for the thirteen weeks ended May 3, 2026 were $138.2 million, down slightly from the prior-year period, while gross margin slipped to 52.1% amid higher transportation and tariff costs.
The company posted a net loss of $11.1 million, or $0.76 per diluted share, similar to last year’s loss. Operating cash flow was negative $35.4 million, mainly due to working capital timing, but Lovesac ended the quarter with $57.0 million in cash and no borrowings on its $40.0 million revolver.
Lovesac continued expanding its footprint to 281 showrooms and repurchased 141,482 shares for about $2.4 million, with $51.7 million remaining under its authorization. The company also filed for refunds of previously paid tariffs; any benefit will be recognized only when cash is received.