Lovesac (LOVE) director granted 5,092 and 3,055 RSUs on Form 4
Lovesac Co (LOVE) reported a new equity award to a director.
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Rhea-AI Filing Summary
Lovesac Co (LOVE) reported a new equity award to a director. On November 25, 2025, the director received two grants of restricted stock units (RSUs): one for 5,092 RSUs and another for 3,055 RSUs, both at an exercise price of $0 and held as direct ownership.
Each RSU gives the right to receive one share of Lovesac common stock when it vests. Both grants are scheduled to vest 100% on November 25, 2026, and the smaller grant was elected in lieu of the director’s cash retainer for board service.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 5,092 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 3,055 | $0.00 | $0.00 |
Footnotes (3)
- 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. The Reporting Person received a grant of RSUs of which 100% are subject to vesting on November 25, 2026.
- F3. Represents RSUs elected in lieu of the reporting person's cash retainer for service on the Issuer's board of directors, of which 100% are subject to vesting on November 25, 2026.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Lovesac (LOVE) report in this Form 4 filing?
How many RSUs were granted to the Lovesac (LOVE) director?
When do the new Lovesac (LOVE) RSU grants vest?
What is the exercise or purchase price for the Lovesac (LOVE) RSUs?
Why did the Lovesac (LOVE) director receive 3,055 RSUs?
How are these Lovesac (LOVE) RSUs held by the reporting person?
AI-generated analysis. How Rhea-AI works. Not financial advice.