Lovesac director reports 6,308 RSUs grant
HEYER ANDREW R reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
HEYER ANDREW R reported acquisition or exercise transactions in this Form 4 filing.
Lovesac Co director Andrew R. Heyer reported a grant of 6,308 restricted stock units (RSUs) tied to his board compensation. The RSUs were elected in lieu of his cash retainer for fiscal 2026 and each RSU represents the right to receive one share of Lovesac common stock upon vesting.
The filing notes that 100% of these RSUs vested on June 10, 2026. This amended Form 4 corrects a prior omission where these holdings were not previously reported. The transaction reflects a compensation-related award rather than an open-market stock purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 6,308 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock.
- F2. Represents RSUs elected by the Reporting Person in lieu of the Reporting Person's cash retainer for service on the Issuer's board of directors for fiscal 2026, of which 100% vested on June 10, 2026. These holdings were inadvertently omitted from the previously filed Form 4 and are reported herein to correct that omission.
Key Figures
Key Terms
Restricted Stock Units financial
RSU financial
contingent right financial
cash retainer financial
board of directors financial
Form 4 regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Lovesac (LOVE) director Andrew R. Heyer report in this Form 4/A?
How many Lovesac (LOVE) restricted stock units were granted and at what price?
When do Andrew Heyer’s Lovesac (LOVE) RSUs from this grant vest?
Is this Lovesac (LOVE) Form 4/A an open-market stock purchase or sale?
Why was an amended Form 4/A filed for Lovesac (LOVE) in this case?
What does each Lovesac (LOVE) restricted stock unit represent in this filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.