Lovesac (LOVE) CFO Andrew Farag reports zero common stock on Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Farag Andrew
Role
EVP and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock, $0.00001 par value | -- | -- | -- |
Holdings After Transaction:
Common Stock, $0.00001 par value — 0 shares (Direct, null)
Footnotes (1)
Key Figures
Shares held after reporting: 0 shares
Par value per share: $0.00001 per share
Insider buy transactions: 0 transactions
+2 more
5 metrics
Shares held after reporting
0 shares
Total shares of common stock reported following transaction
Par value per share
$0.00001 per share
Common Stock, $0.00001 par value
Insider buy transactions
0 transactions
BuyCount in transaction summary
Insider sell transactions
0 transactions
SellCount in transaction summary
Holding entries
1 entry
HoldingEntries in transaction summary
Key Terms
Form 3, beneficial ownership, Common Stock, $0.00001 par value
3 terms
Form 3 regulatory
"initial Form 3 reporting his beneficial ownership in the company’s common stock"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
beneficial ownership financial
"Form 3 reporting his beneficial ownership in the company’s common stock"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Common Stock, $0.00001 par value financial
"The filing covers Lovesac’s Common Stock, $0.00001 par value"
FAQ
What does Andrew Farag’s Form 3 filing for Lovesac (LOVE) report?
The Form 3 shows Andrew Farag, EVP and CFO of Lovesac, currently reports holding no shares of Lovesac common stock directly. Form 3 is an initial statement of beneficial ownership when someone becomes an insider.
Who is the insider in this Lovesac (LOVE) Form 3 filing?
The insider is Andrew Farag, who serves as executive vice president and chief financial officer of Lovesac. As a company officer, he must report his beneficial ownership in company securities to the SEC on Form 3.
Does this Lovesac (LOVE) Form 3 show any insider buying or selling?
The Form 3 does not show any insider buying or selling activity. It is an initial ownership report, and the transaction summary lists unknown transaction codes with no shares bought, sold, gifted, or exercised.
What security is covered in Andrew Farag’s Lovesac (LOVE) Form 3?
The Form 3 covers Lovesac’s Common Stock, $0.00001 par value. The report states total shares following the reporting are zero, meaning no directly held common shares are reported as of the transaction date.