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Lovesac (LOVE) director adds 279 shares from RSU vesting

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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.
SEC Form 4
FORM 4 UNITED 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 200

(Street)
STAMFORD CT 06901

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Lovesac Co [ LOVE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
02/03/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock, par value $0.00001 02/03/2026 A 279(1) A $0 250,643 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (2) 02/03/2026 M 279 (1) (1) Common Stock 279 $0 0 D
Explanation of Responses:
1. The reported shares were acquired upon the vesting of RSUs granted to the Reporting Person on February 3, 2025.
2. Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock.
Remarks:
/s/ Megan C. Preneta, Attorney-in-Fact for Andrew R. Heyer 02/05/2026
** Signature of Reporting Person Date
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.

FAQ

What insider transaction did Lovesac (LOVE) report for Andrew R. Heyer?

Lovesac director Andrew R. Heyer reported the vesting of 279 restricted stock units, which converted into 279 shares of common stock at a reported price of $0, reflecting previously granted equity compensation rather than an open-market transaction.

How many Lovesac (LOVE) shares does Andrew R. Heyer own after this Form 4?

After the reported transaction, Andrew R. Heyer beneficially owns 250,643 shares of Lovesac common stock directly. This total includes the 279 shares received upon vesting of restricted stock units granted to him on February 3, 2025.

What triggered the 279-share issuance to Lovesac (LOVE) director Andrew R. Heyer?

The 279-share issuance was triggered by the vesting of 279 restricted stock units granted to Andrew R. Heyer on February 3, 2025. Each vested RSU entitled him to receive one share of Lovesac common stock on February 3, 2026.

Was cash paid for the 279 Lovesac (LOVE) shares reported in this Form 4?

No cash was reported as paid for these shares. The Form 4 shows 279 shares of Lovesac common stock acquired at a price of $0 per share, reflecting the settlement of vested restricted stock units rather than a cash purchase.

What does each restricted stock unit (RSU) represent in the Lovesac (LOVE) filing?

Each restricted stock unit in this Lovesac filing represents a contingent right to receive one share of Lovesac common stock upon vesting. When the RSUs vested on February 3, 2026, they were settled by issuing 279 shares directly to the reporting person.

Is the Lovesac (LOVE) Form 4 transaction an open-market sale or purchase?

The Form 4 does not show an open-market sale or purchase. It reports vesting and settlement of 279 restricted stock units into 279 shares of Lovesac common stock as part of Andrew R. Heyer’s stock-based compensation.
Lovesac Co.

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Furnishings, Fixtures & Appliances
Retail-furniture Stores
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United States
STAMFORD