STOCK TITAN

Lovesac Co (LOVE) director Andrew Heyer purchases 30,000 shares of stock

Filing Impact
(Moderate)
Filing Sentiment
(Positive)
Form Type
4

Rhea-AI Filing Summary

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.

Positive

  • None.

Negative

  • None.

Insights

Director made a meaningful open-market share purchase, modestly increasing personal stake.

Director Andrew R. Heyer executed an open-market purchase of 30,000 shares of Lovesac Co common stock at a weighted average price of $14.68 on June 18, 2026. This is a discretionary transaction, not an automatic grant or tax-related event.

After the purchase, he directly holds 293,259 shares, so the transaction increased his position by a noticeable but not dominant portion. There are no remaining derivative positions listed in this filing, and no indication that the trade occurred under a pre-arranged Rule 10b5-1 plan.

Insider HEYER ANDREW R
Role null
Bought 30,000 shs ($440K)
Type Security Shares Price Value
Purchase Common Stock, par value $0.00001 30,000 $14.68 $440K
Holdings After Transaction: Common Stock, par value $0.00001 — 293,259 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares purchased 30,000 shares Open-market buy on June 18, 2026
Purchase price $14.68 per share Weighted average price for 30,000 shares
Post-transaction holdings 293,259 shares Common stock directly owned after transaction
Net buy shares 30,000 shares Net change across all reported transactions
Price range of executions $14.105–$14.830 Range of trade prices mentioned in footnote
open-market purchase financial
"transaction_action: "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
HEYER ANDREW R

(Last)(First)(Middle)
C/O THE LOVESAC COMPANY
421 ATLANTIC STREET, SUITE 201

(Street)
STAMFORD CONNECTICUT 06901

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Lovesac Co [ LOVE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/18/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock, par value $0.0000106/18/2026P30,000A$14.68(1)293,259D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.105 to $14.830. The reporting person undertakes to provide to The Lovesac Company, any security holder of The Lovesac Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Remarks:
/s/ Megan C. Preneta, Attorney-in-Fact for Andrew R. Heyer06/22/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Lovesac Co (LOVE) director Andrew R. Heyer report in this Form 4?

Andrew R. Heyer reported buying 30,000 shares of Lovesac Co common stock in an open-market transaction. The shares were acquired at a weighted average price of $14.68 per share on June 18, 2026, increasing his direct ownership stake.

How many Lovesac Co (LOVE) shares does Andrew R. Heyer hold after this transaction?

After the reported purchase, Andrew R. Heyer directly owns 293,259 shares of Lovesac Co common stock. This figure reflects his holdings immediately following the 30,000-share open-market acquisition disclosed in the Form 4 filing for June 18, 2026.

At what price did Andrew R. Heyer buy Lovesac Co (LOVE) shares in this Form 4?

He acquired the 30,000 Lovesac Co shares at a weighted average price of $14.68. The Form 4 notes the trades occurred in multiple executions within a range from $14.105 to $14.830, with details available upon request from the company or regulators.

Was the Lovesac Co (LOVE) Form 4 transaction an open-market purchase or another type?

The Form 4 classifies the transaction as an open-market purchase, code “P”. This means Andrew R. Heyer chose to buy shares in the market, rather than receiving them as a grant, option exercise, gift, or tax-related withholding event.

Does Lovesac Co (LOVE) director Andrew R. Heyer have any reported derivative positions in this filing?

No derivative securities are listed for Andrew R. Heyer in this Form 4. The derivative summary is empty, indicating the filing only reports non-derivative common stock transactions, specifically the 30,000-share open-market purchase on June 18, 2026.