Lovesac director reports new RSU awards and vesting

Lovesac Co director Andrew R. Heyer reported stock-based compensation activity involving restricted stock units (RSUs) and common shares.

Rhea-AI Filing Summary

Lovesac Co director Andrew R. Heyer reported stock-based compensation activity involving restricted stock units (RSUs) and common shares. On June 10, 2026, 6,308 RSUs vested and were converted into 6,308 shares of common stock, reflecting prior equity awards for board service.

On June 9, 2026, he also received new RSU grants covering 7,947 units, including awards granted in lieu of his cash retainer for fiscal 2027. These RSUs are scheduled to vest on June 9, 2027, each unit representing the right to receive one share of Lovesac common stock upon vesting. The filing shows only acquisitions and exercises, with no share sales.

Insider Trade Summary

12,616 shares exercised/converted

Exercise 6 txns

Insider HEYER ANDREW R

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	6,308	$0.00	$0.00
Exercise	Restricted Stock Units	6,308	$0.00	$0.00
Grant/Award	Common Stock, par value $0.00001	6,308	$0.00	$0.00
Grant/Award	Common Stock, par value $0.00001	6,308	$0.00	$0.00
Grant/Award	Restricted Stock Units	7,947	$0.00	$0.00
Grant/Award	Restricted Stock Units	7,947	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 15,894 contracts (Direct); Common Stock, par value $0.00001 — 263,259 shares (Direct)

Footnotes (5)

1. F1. The reported shares were acquired upon the vesting of RSUs granted to the Reporting Person on June 10, 2025.
2. 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, which vested on June 10, 2026.
3. F3. Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock.
4. F4. The Reporting Person received a grant of RSUs of which 100% are subject to vesting on June 9, 2027.
5. F5. 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 2027, which vest on June 9, 2027.

Key Figures

RSUs vested: 6,308 units Common shares from RSU vesting: 6,308 shares New RSU grant: 7,947 units +3 more

6 metrics

RSUs vested 6,308 units RSUs vested and converted into common stock on June 10, 2026

Common shares from RSU vesting 6,308 shares Common Stock, par value $0.00001, acquired at $0.0000 per share

New RSU grant 7,947 units RSUs granted on June 9, 2026 with future vesting

RSU exercises 12,616 units Total derivative exercises (M code) reported in this filing

RSU vesting date (existing award) June 10, 2026 Vesting of RSUs granted June 10, 2025 for board service

RSU vesting date (new award) June 9, 2027 100% of newly granted RSUs scheduled to vest on this date

Key Terms

Restricted Stock Units, cash retainer, contingent right, vesting, +1 more

5 terms

Restricted Stock Units financial

"The reported shares were acquired upon the vesting of RSUs granted to the Reporting Person"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

cash retainer financial

"Represents RSUs elected by the Reporting Person in lieu of the Reporting Person's cash retainer"

contingent right financial

"Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting"

vesting financial

"100% are subject to vesting on June 9, 2027"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

derivative security financial

"Exercise or conversion of derivative security"

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did Lovesac (LOVE) director Andrew Heyer report?

Andrew Heyer reported the vesting and conversion of 6,308 RSUs into common stock and the grant of 7,947 new RSUs. These transactions represent equity compensation for his board service, with no open-market share purchases or sales disclosed.

Were any Lovesac (LOVE) shares sold in Andrew Heyer’s latest Form 4?

No shares were sold. The Form 4 shows only acquisitions and exercises of equity awards, including vested RSUs converting into common stock and new RSU grants. There are no open-market sales or dispositions reported in this filing.

How many Lovesac (LOVE) restricted stock units vested for Andrew Heyer?

A total of 6,308 restricted stock units vested and were converted into 6,308 shares of Lovesac common stock. These RSUs related to awards originally granted on June 10, 2025 for Heyer’s prior service on the company’s board of directors.

What new RSU awards did Andrew Heyer receive from Lovesac (LOVE)?

Heyer received 7,947 new RSUs, including units elected in lieu of his cash retainer for fiscal 2027. According to the filing, 100% of these RSUs are scheduled to vest on June 9, 2027, subject to continued board service.

What do Lovesac (LOVE) RSUs represent for Andrew Heyer?

Each Lovesac RSU represents a contingent right to one share of common stock upon vesting. For Heyer, vested RSUs automatically convert into common shares, while unvested RSUs remain as deferred equity compensation tied to future vesting dates.

Were any of Andrew Heyer’s Lovesac (LOVE) awards taken in lieu of cash?

Yes. The filing states some RSUs were elected in lieu of his cash retainer for board service for fiscal 2026 and fiscal 2027. These equity-based retainers vest on specified future dates instead of immediate cash payments.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/10/2026 - 06:16 PM Learn about SEC filing dates

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 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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/09/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock, par value $0.00001	06/10/2026		A		6,308(1)	A	$0	256,951	D
Common Stock, par value $0.00001	06/10/2026		A		6,308(2)	A	$0	263,259	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	(3)	06/09/2026		A		7,947		(4)	(4)	Common Stock	7,947	$0	7,947	D
Restricted Stock Units	(3)	06/09/2026		A		7,947		(5)	(5)	Common Stock	7,947	$0	15,894	D
Restricted Stock Units	(3)	06/10/2026		M			6,308	(1)	(1)	Common Stock	6,308	$0	0	D
Restricted Stock Units	(3)	06/10/2026		M			6,308	(2)	(2)	Common Stock	6,308	$0	0	D

Explanation of Responses:

1. The reported shares were acquired upon the vesting of RSUs granted to the Reporting Person on June 10, 2025.

2. 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, which vested on June 10, 2026.

3. Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock.

4. The Reporting Person received a grant of RSUs of which 100% are subject to vesting on June 9, 2027.

5. 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 2027, which vest on June 9, 2027.

Remarks:

	/s/ Megan C. Preneta, Attorney-in-Fact for Andrew R. Heyer	06/10/2026
	** 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.
* Form 4: SEC 1474 (03-26)