Lovesac director receives 279 vested RSU shares
Lovesac Company director Andrew R. Heyer reported a routine equity compensation transaction.
Rhea-AI Filing Summary
Lovesac Company director Andrew R. Heyer reported a routine equity compensation transaction. On February 3, 2026, 279 restricted stock units vested, converting into 279 shares of Lovesac common stock at a reported price of $0 per share. These RSUs were originally granted on February 3, 2025.
Following this vesting, Heyer directly beneficially owns 250,643 shares of Lovesac common stock. Each RSU represented the right to receive one share upon vesting, so this filing mainly reflects the delivery of previously awarded stock-based compensation rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 279 | $0.00 | $0.00 |
| Grant/Award | Common Stock, par value $0.00001 | 279 | $0.00 | $0.00 |
Footnotes (2)
- F1. The reported shares were acquired upon the vesting of RSUs granted to the Reporting Person on February 3, 2025.
- F2. Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock.
FAQ
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What insider transaction did Lovesac (LOVE) report for Andrew R. Heyer?
What does each restricted stock unit (RSU) represent in the Lovesac (LOVE) filing?
Is the Lovesac (LOVE) Form 4 transaction an open-market sale or purchase?
AI-generated analysis. How Rhea-AI works. Not financial advice.