Lovesac (LOVE) director Alan Boehme granted 7,947 RSUs vesting in 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Boehme Alan reported acquisition or exercise transactions in this Form 4 filing.
Lovesac Co director Alan Boehme received a grant of 7,947 restricted stock units (RSUs). Each RSU represents the contingent right to receive one share of Lovesac common stock upon vesting. All 7,947 RSUs are scheduled to vest on June 9, 2027, if the vesting conditions are met.
Following this grant, Boehme holds 7,947 RSUs directly, reflecting a stock-based compensation award rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Boehme Alan
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 7,947 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 7,947 shares (Direct, null)
Footnotes (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. The Reporting Person received a grant of RSUs of which 100% are subject to vesting on June 9, 2027.
Key Figures
RSUs granted: 7,947 units
Grant price: $0.00 per unit
Vesting date: June 9, 2027
+1 more
4 metrics
RSUs granted
7,947 units
Restricted Stock Units granted to director Alan Boehme
Grant price
$0.00 per unit
RSU grant has no exercise price
Vesting date
June 9, 2027
100% of RSUs vest on this date
RSUs held after grant
7,947 units
Total RSUs directly held following this transaction
Key Terms
Restricted Stock Units, RSU, vesting, Form 4
4 terms
Restricted Stock Units financial
"security_title": "Restricted Stock Units""
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"
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.
vesting financial
"subject to vesting on June 9, 2027"
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
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.
FAQ
What did Lovesac (LOVE) director Alan Boehme report in this Form 4?
Alan Boehme reported receiving 7,947 restricted stock units (RSUs) from Lovesac as a stock-based award. These RSUs convert into common shares only upon vesting, making this a compensation-related acquisition rather than an open-market stock purchase or sale.
How many Lovesac (LOVE) RSUs did Alan Boehme receive and at what price?
Alan Boehme received 7,947 Lovesac restricted stock units at a grant price of $0.00 per unit. RSU grants typically have no exercise price because they convert into shares upon vesting, functioning as equity compensation instead of a cash transaction in the market.
When do Alan Boehme’s Lovesac (LOVE) RSUs vest?
All 7,947 of Alan Boehme’s Lovesac RSUs are scheduled to vest on June 9, 2027. Vesting means he becomes entitled to receive an equal number of Lovesac common shares, assuming he satisfies any continued service or other vesting conditions attached to the award.
Is Alan Boehme’s Lovesac (LOVE) Form 4 a stock purchase or a grant?
The Form 4 reflects a grant of 7,947 restricted stock units, not an open-market stock purchase. The transaction code is A, indicating a grant, award, or similar acquisition as compensation, with no cash paid and no immediate change in public float from a market trade.
How many Lovesac (LOVE) RSUs does Alan Boehme hold after this transaction?
After this grant, Alan Boehme holds 7,947 Lovesac restricted stock units directly. These RSUs represent a right to receive the same number of common shares upon vesting on June 9, 2027, aligning his compensation more closely with the company’s long-term stock performance.