STOCK TITAN

Lovesac Co (LOVE) awards 1,132 RSUs to EVP and CFO Andrew Farag

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Farag Andrew reported acquisition or exercise transactions in this Form 4 filing.

Lovesac Co EVP and CFO Andrew Farag reported a grant of 1,132 restricted stock units (RSUs) tied to common stock. According to the grant terms, awarded on June 17, 2026, the RSUs vest in three equal annual installments. Following this award, Farag directly holds 29,975 shares/units. The grant was not reported as made under a Rule 10b5-1 trading plan.

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Insider Farag Andrew
Role EVP and CFO
Type Security Shares Price Value
Grant/Award Restricted Stock Units F1, F2 1,132 $0.00 $0.00
Holdings After Transaction: Restricted Stock Units — 29,975 shares (Direct)
Footnotes (2)
  1. 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.
  2. F2. On June 17, 2026, the Reporting Person received a grant of RSUs which vest in three equal installments on the first, second and third anniversaries of the grant date
RSUs granted 1,132 units Grant to EVP and CFO Andrew Farag on June 17, 2026
Holdings after grant 29,975 shares/units Direct holdings following the reported RSU award
Vesting installments 3 installments RSUs vest in three equal installments on the first, second and third anniversaries of the grant date
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents the contingent right"
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.
contingent right financial
"represents the contingent right to receive, upon vesting of the RSU"
vesting financial
"to receive, upon vesting of the RSU, one share of the Issuer's common stock"
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.
anniversaries of the grant date financial
"RSUs which vest in three equal installments on the first, second and third anniversaries of the grant date"

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

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FAQ

What equity award did Lovesac Co (LOVE) grant to EVP and CFO Andrew Farag?

Lovesac Co granted EVP and CFO Andrew Farag 1,132 restricted stock units (RSUs) tied to its common stock. Each RSU represents the contingent right to receive one share of common stock upon vesting, forming part of his equity-based compensation.

How many Lovesac (LOVE) RSUs did Andrew Farag receive and when were they granted?

Andrew Farag received 1,132 RSUs in a grant dated June 17, 2026. The Form 4 records this as a compensation-related acquisition of derivative securities, with no cash exercise price and settlement in shares of Lovesac common stock upon vesting.

When do Andrew Farag’s Lovesac Co (LOVE) RSUs vest?

Farag’s 1,132 Lovesac RSUs vest in three equal installments on the first, second and third anniversaries of the June 17, 2026 grant date. This structure spreads the vesting of the equity award over approximately three years, aligning with ongoing service.

How many Lovesac Co (LOVE) shares or units does Andrew Farag hold after this RSU grant?

After this RSU grant, Andrew Farag directly holds 29,975 shares/units associated with Lovesac equity. This figure reflects his total direct position following the reported award, including the newly granted 1,132 RSUs linked to Lovesac common stock.

Was Andrew Farag’s Lovesac (LOVE) RSU grant made under a Rule 10b5-1 trading plan?

The filing indicates the transaction was not made under a Rule 10b5-1 trading plan. The document-level checkbox for Rule 10b5-1 arrangements is explicitly unchecked, so the RSU grant is reported as a standard compensation award outside such a trading plan.
SEC Form 4
FORM 4UNITED 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*
Farag Andrew

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP and CFO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/17/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)07/17/2026A1,132 (2) (2)Common Stock1,132$029,975D
Explanation of Responses:
1. Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock.
2. On June 17, 2026, the Reporting Person received a grant of RSUs which vest in three equal installments on the first, second and third anniversaries of the grant date
Remarks:
/s/ Megan C. Preneta, as Attorney-in-Fact for Andrew Farag07/21/2026
** Signature of Reporting PersonDate
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)