Form 4: LOVE insider sale — Romig disposes of 1,500 shares
Rhea-AI Filing Summary
Lovesac Co (LOVE) director Shirley Romig reported the sale of common stock on 09/16/2025. The Form 4 shows Ms. Romig disposed of 1,500 shares at a weighted-average price of $17.8314, with the shares sold across prices ranging from $17.7850 to $17.9100. After the reported transaction, the filing indicates she beneficially owned 17,573 shares, held directly. The filing includes a footnote offering to provide a breakdown of the number of shares sold at each price on request and is signed by Megan C. Preneta as attorney-in-fact for Shirley Romig.
Positive
- Transaction disclosed via Form 4 showing the director's sale of 1,500 shares on 09/16/2025
- Remaining direct beneficial ownership clearly stated as 17,573 shares
Negative
- Director disposed of shares (1,500 shares sold), as reported on Form 4
Insights
TL;DR Director Shirley Romig disclosed a 1,500-share sale at a weighted average price of $17.8314.
The Form 4 is limited to a single non-derivative transaction: a disposition of 1,500 common shares on 09/16/2025. The filing reports remaining direct beneficial ownership of 17,573 shares and provides a footnote that the reported price is a weighted average for multiple trades between $17.7850 and $17.9100. The submission is executed by an attorney-in-fact, which is a routine procedural detail for insider filings.
TL;DR The disclosure documents a routine director sale and states direct remaining ownership of 17,573 shares.
The document is a standard Section 16 Form 4 reporting a director-level disposition. It contains an explanatory footnote offering to disclose the per-trade breakdown within the stated price range and is properly signed by an authorized representative. No derivative transactions or other issuer-specific actions are reported in this filing.