Lovesac (LOVE) CEO adds 1,477 shares in open-market stock purchase

Filing Impact

(Neutral)

Filing Sentiment

(Positive)

Form Type

Rhea-AI Filing Summary

Lovesac Co Chief Executive Officer Shawn David Nelson bought additional company stock in the open market. On April 16, 2026, he purchased 1,477 shares of common stock at an average price of $16.945 per share. After this transaction, he directly owns 202,681 common shares. A separate entry shows 52,094 common shares held indirectly through The LPDV Holding Trust, for which he has authority over the disposition of the shares.

Insider Trade Summary

Net Buyer: 1,477 shares ($25,028)

Net Buy 2 txns

Insider Nelson Shawn David

Role Chief Executive Officer

Bought 1,477 shs ($25K)

Type	Security	Shares	Price	Value
Purchase	Common Stock, $0.00001 par value	1,477	$16.945	$25K
holding	Common Stock, $0.00001 par value	--	--	--

Holdings After Transaction: Common Stock, $0.00001 par value — 202,681 shares (Direct, null); Common Stock, $0.00001 par value — 52,094 shares (Indirect, The LPDV Holding Trust)

Footnotes (1)

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Key Figures

Shares purchased: 1,477 shares Purchase price: $16.945 per share Direct holdings after transaction: 202,681 shares +1 more

4 metrics

Shares purchased 1,477 shares Open-market purchase on April 16, 2026

Purchase price $16.945 per share Average price for the 1,477 shares bought

Direct holdings after transaction 202,681 shares Common stock directly owned after purchase

Indirect trust holdings 52,094 shares Common stock held via The LPDV Holding Trust

Key Terms

open-market purchase, indirect ownership, trustee, Form 4

4 terms

open-market purchase financial

"he purchased 1,477 shares of common stock at an average price"

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.

indirect ownership financial

"A separate entry shows 52,094 common shares held indirectly"

trustee financial

"the reporting person's spouse is trustee and the reporting person has sole authority"

A trustee is a person or institution legally appointed to hold and manage assets or enforce an agreement on behalf of other people (beneficiaries). Think of a trustee as a neutral referee or custodian who must act in the beneficiaries’ best interests, follow the trust or contract rules, and handle distributions, recordkeeping and enforcement. Investors care because a trustworthy trustee protects their rights, ensures promised payments or remedies are delivered, and can influence recoveries if things go wrong.

Form 4 regulatory

"Lovesac reported that CEO Shawn David Nelson completed an open-market purchase"

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.

Form 4 Insider Transactions: What Each Field Means →

04/20/2026 - 06:59 AM

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^*

Nelson Shawn David

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/16/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock, $0.00001 par value	04/16/2026		P		1,477	A	$16.945	202,681	D
Common Stock, $0.00001 par value								52,094	I	The LPDV Holding Trust⁽¹⁾

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The reported shares are held by The LDPV Holding Trust, dated October 1, 2018, of which the reporting person's spouse is trustee and the reporting person has sole authority over the disposition of the shares of the Issuer held by the trust.

Remarks:

	/s/ Megan C. Preneta, as Attorney-in-Fact for Shawn Nelson	04/20/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Lovesac (LOVE) disclose for Shawn David Nelson?

Lovesac reported that CEO Shawn David Nelson completed an open-market purchase of 1,477 common shares. The transaction occurred at an average price of $16.945 per share, increasing his directly held stake to 202,681 common shares following the purchase.

At what price did the Lovesac (LOVE) CEO buy additional shares?

The CEO bought 1,477 Lovesac common shares at an average price of $16.945 per share. This reflects a direct open-market purchase and increases his personal share ownership in the company to 202,681 shares after the reported transaction.

How many Lovesac (LOVE) shares does Shawn David Nelson own after the Form 4?

Following the reported transaction, Shawn David Nelson directly holds 202,681 Lovesac common shares. In addition, a separate holding entry shows 52,094 common shares held indirectly through The LPDV Holding Trust, over which he has authority to dispose of the shares.

What is The LPDV Holding Trust mentioned in the Lovesac (LOVE) Form 4?

The LPDV Holding Trust holds 52,094 Lovesac common shares reported as indirect ownership for Shawn David Nelson. His spouse serves as trustee, while he retains sole authority over how the trust’s Lovesac shares are disposed of, according to the filing footnote.

Was the Lovesac (LOVE) CEO transaction a purchase or sale of shares?

The reported transaction was a purchase of shares, not a sale. The Form 4 shows Shawn David Nelson acquired 1,477 Lovesac common shares in an open-market transaction, at an average price of $16.945 per share, increasing his direct holdings.