Lovesac (LOVE) director Mehra reports RSU vesting and new 7,947-unit grant

Rhea-AI Filing Summary

Lovesac Co director Vineet Mehra reported routine equity compensation activity. On June 10, 2026, he acquired 6,308 shares of common stock at $0.00 per share upon vesting of previously granted restricted stock units (RSUs). After this vesting, he directly held 22,992 common shares.

Separately, Mehra received a new award of 7,947 RSUs on June 9, 2026, each representing the right to receive one share of Lovesac common stock upon vesting. According to the disclosure, 100% of this new RSU grant is scheduled to vest on June 9, 2027, providing additional stock-based compensation if he meets the vesting conditions.

Insights

Equity compensation & governance analyst

Director Mehra’s Form 4 shows routine RSU vesting and a new grant.

The filing shows Vineet Mehra, a director of Lovesac Co, acquiring 6,308 common shares through vesting of existing RSUs and receiving a new grant of 7,947 RSUs. These are stock-based compensation events at a stated price of $0.00 per unit.

No open-market purchases or sales occurred; all actions are classified as grant/award or derivative exercise. Following these transactions, Mehra holds 22,992 common shares directly and 7,947 RSUs scheduled to vest on June 9, 2027. This pattern is typical for director compensation and does not, by itself, signal a change in sentiment.

Insider Trade Summary

6,308 shares exercised/converted

Mixed 3 txns

Insider Mehra Vineet

Role null

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

Holdings After Transaction: Restricted Stock Units — 0 shares (Direct, null); Common Stock, par value $0.00001 — 22,992 shares (Direct, null)

Footnotes (1)

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

Key Figures

RSU vesting shares: 6,308 shares Vesting share price: $0.00 per share Shares held after vesting: 22,992 shares +3 more

6 metrics

RSU vesting shares 6,308 shares Common stock delivered upon RSU vesting on June 10, 2026

Vesting share price $0.00 per share Stated price for 6,308 vested common shares

Shares held after vesting 22,992 shares Total Lovesac common shares directly held after June 10, 2026

New RSU grant size 7,947 RSUs Restricted stock units granted on June 9, 2026

New RSU conversion ratio 1 share per RSU Each RSU represents one Lovesac common share upon vesting

New RSU vesting date June 9, 2027 100% of the 7,947-unit RSU grant vests on this date

Key Terms

Restricted Stock Units, RSU, Grant, award, or other acquisition, Exercise or conversion of derivative security

4 terms

Restricted Stock Units financial

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

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.

RSU financial

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

Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

Exercise or conversion of derivative security financial

"transaction_code_description: Exercise or conversion of derivative security"

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Form 4 Insider Transactions: What Each Field Means →

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^*

Mehra Vineet

(Last) (First) (Middle)

C/O 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
	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	22,992	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)	06/09/2026		A		7,947		(3)	(3)	Common Stock	7,947	$0	7,947	D
Restricted Stock Units	$0(2)	06/10/2026		M			6,308	(1)	(1)	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. Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock.

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

Remarks:

	/s/ Megan C. Preneta, Attorney-in-Fact for Vineet Mehra	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)

FAQ

What insider transactions did Lovesac (LOVE) director Vineet Mehra report?

Vineet Mehra reported equity compensation activity, not market trades. He acquired 6,308 Lovesac common shares through vesting of previously granted RSUs and also received a new grant of 7,947 RSUs, each convertible into one share upon future vesting.

Did Vineet Mehra buy or sell Lovesac (LOVE) shares in the market?

The filing does not show any open-market buys or sells. Mehra’s reported activity consists of RSU vesting that delivered 6,308 common shares and a separate grant of 7,947 new RSUs, all at a stated price of zero per unit as compensation.

How many Lovesac (LOVE) shares does Vineet Mehra hold after these transactions?

After the June 10, 2026 RSU vesting, Mehra directly holds 22,992 Lovesac common shares. In addition, he holds 7,947 unvested RSUs granted on June 9, 2026, which may convert into an equal number of shares if vesting conditions are satisfied.

What are the terms of Vineet Mehra’s new RSU grant from Lovesac (LOVE)?

Mehra received 7,947 restricted stock units, each representing the contingent right to one Lovesac common share upon vesting. According to the disclosure, 100% of this RSU grant is scheduled to vest on June 9, 2027, assuming applicable vesting conditions are met.

What does the RSU vesting on June 10, 2026 mean for Lovesac (LOVE) shareholders?

The June 10, 2026 vesting converted 6,308 of Mehra’s existing RSUs into common shares at no cash cost, increasing his direct share holdings. This is standard director compensation and does not involve cash purchases or sales in the open market.