[144] Lovesac Co SEC Filing

Rhea-AI Filing Summary

Lovesac Co (LOVE) filed a Form 144 to notify a proposed sale of 1,500 shares of common stock through Morgan Stanley Smith Barney LLC on 09/16/2025, with an aggregate market value of $26,747.10. The filing reports 14,610,309 shares outstanding, indicating the 1,500-share block is a very small portion of the float. The shares were acquired on 06/11/2023 as restricted stock that vested under a registered plan and were received as compensation. The filer reports no securities sold in the past three months and certifies they are not aware of undisclosed material adverse information about the issuer.

Positive

• Detailed compliance disclosure including broker, share count, market value, and acquisition details
• Securities were acquired via restricted stock vesting, with payment characterized as compensation
• No reported sales in the past three months, reducing appearance of recent insider selling activity
• Filer attests they are not aware of undisclosed material adverse information

Negative

• None.

Insights

Securities Analyst

TL;DR: Small insider sale notification for 1,500 shares; appears routine and compliant with Rule 144.

The filing documents a proposed sale of 1,500 common shares valued at $26,747.10 to be executed through Morgan Stanley Smith Barney LLC on 09/16/2025. The shares were acquired via restricted stock vesting on 06/11/2023 and recorded as compensation. With 14,610,309 shares outstanding, the notified block represents a negligible fraction of outstanding stock. The filer also affirms no undisclosed material adverse information. For investors, this reads as standard disclosure of an insider liquidity event rather than a material corporate development.

Corporate Governance Expert

TL;DR: Filing meets disclosure requirements; no red flags in acquisition or timing details provided.

The Form 144 provides required details: broker, exact share count, market value, acquisition date and nature (restricted stock vesting), and representation regarding material information. The absence of any sales in the prior three months reduces the appearance of a pattern of ongoing insider selling. This is a routine compliance filing reflecting a post-vesting sale plan and does not, on its face, indicate governance concerns.

09/16/2025 - 04:14 PM

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	1500	26747.10	14610309	09/16/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	06/11/2023	Restricted stock vesting under a registered plan	Issuer			1500	06/11/2023	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 filed by LOVE disclose?

The Form 144 notifies a proposed sale of 1,500 common shares via Morgan Stanley Smith Barney LLC on 09/16/2025, with aggregate market value of $26,747.10.

How and when were the 1,500 LOVE shares acquired?

The shares were acquired on 06/11/2023 through restricted stock vesting under a registered plan and were received as compensation.

What portion of Lovesac's outstanding shares does this sale represent?

The filing lists 14,610,309 shares outstanding; the 1,500-share block is a very small percentage of that total.

Did the filer report other sales of LOVE in the past three months?

No. The filing states Nothing to Report for securities sold during the past three months.

Who is the broker handling the proposed sale?

The proposed sale is to be executed through Morgan Stanley Smith Barney LLC (Executive Financial Services, 1 New York Plaza, 8th Floor, New York, NY 10004).