Lovesac CFO exercises 14,862 performance RSUs
Lovesac Co EVP and CFO Keith R. Siegner reported equity compensation activity tied to performance-based restricted stock units.
Rhea-AI Filing Summary
Lovesac Co EVP and CFO Keith R. Siegner reported equity compensation activity tied to performance-based restricted stock units. On March 18, 2026, he acquired 14,862 shares of Common Stock at a price of $0.00 per share through the vesting and settlement of multiple tranches of performance-based RSUs. The footnotes state these RSUs were originally granted between June 2023 and April 2025 and vested in part, while the unearned balances from each grant were forfeited back to the company. Following these transactions, Siegner directly held 30,237 shares of Lovesac common stock. There were no open-market purchases or sales; all movements reflect compensation-related vesting, settlement, and forfeiture.
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units (Performance-based Vesting) | 2,963 | $0.00 | $0.00 |
| Disposition | Restricted Stock Units (Performance-based Vesting) | 226 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units (Performance-based Vesting) | 4,802 | $0.00 | $0.00 |
| Disposition | Restricted Stock Units (Performance-based Vesting) | 269 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units (Performance-based Vesting) | 7,097 | $0.00 | $0.00 |
| Disposition | Restricted Stock Units (Performance-based Vesting) | 617 | $0.00 | $0.00 |
| Exercise | Common Stock, $0.00001 par value | 2,963 | $0.00 | $0.00 |
| Exercise | Common Stock, $0.00001 par value | 4,802 | $0.00 | $0.00 |
| Exercise | Common Stock, $0.00001 par value | 7,097 | $0.00 | $0.00 |
Footnotes (4)
- F1. Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting and settlement of the RSU, one share of the Issuer's Common Stock.
- F2. The reported shares were acquired upon the vesting of a portion of the third tranche of performance-based RSUs granted on June 30, 2023. The unearned balance of performance-based RSUs from this grant were forfeited.
- F3. The reported shares were acquired upon the vesting of a portion of the second tranche of performance-based RSUs granted on June 11, 2024. The unearned balance of performance-based RSUs from this tranche were forfeited.
- F4. The reported shares were acquired upon the vesting of a portion of the first tranche of performance-based RSUs granted on April 15, 2025. The unearned balance of performance-based RSUs from this tranche were forfeited.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Lovesac (LOVE) EVP and CFO Keith Siegner report in this Form 4?
Were Keith Siegner’s Lovesac (LOVE) transactions open-market buys or sells?
What is the significance of the RSU footnotes in Keith Siegner’s Lovesac filing?
Did this Lovesac (LOVE) Form 4 indicate any remaining performance-based RSUs for Keith Siegner?
AI-generated analysis. How Rhea-AI works. Not financial advice.