Lovesac (LOVE) CFO Keith Siegner settles 14,862 performance RSUs, holds 30,237 shares

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

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.

Insider Trade Summary

14,862 shares exercised/converted

Mixed 9 txns

Insider Siegner Keith R.

Role EVP and CFO

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units (Performance-based Vesting)	2,963	$0.00	--
Disposition	Restricted Stock Units (Performance-based Vesting)	226	$0.00	--
Exercise	Restricted Stock Units (Performance-based Vesting)	4,802	$0.00	--
Disposition	Restricted Stock Units (Performance-based Vesting)	269	$0.00	--
Exercise	Restricted Stock Units (Performance-based Vesting)	7,097	$0.00	--
Disposition	Restricted Stock Units (Performance-based Vesting)	617	$0.00	--
Exercise	Common Stock, $0.00001 par value	2,963	$0.00	--
Exercise	Common Stock, $0.00001 par value	4,802	$0.00	--
Exercise	Common Stock, $0.00001 par value	7,097	$0.00	--

Holdings After Transaction: Restricted Stock Units (Performance-based Vesting) — 3,415 shares (Direct); Common Stock, $0.00001 par value — 18,338 shares (Direct)

Footnotes (1)

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. 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. 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. 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.

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Form 4 Insider Transactions: What Each Field Means →

03/20/2026 - 07:37 PM

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^*

Siegner Keith R.

(Last)

(First)

(Middle)

421 ATLANTIC STREET, SUITE 200

(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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	EVP and CFO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/18/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock, $0.00001 par value	03/18/2026		M		2,963⁽¹⁾	A	$0	18,338	D
Common Stock, $0.00001 par value	03/18/2026		M		4,802⁽¹⁾	A	$0	23,140	D
Common Stock, $0.00001 par value	03/18/2026		M		7,097⁽¹⁾	A	$0	30,237	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units (Performance-based Vesting)	⁽¹⁾	03/18/2026		M			2,963	⁽²⁾	⁽²⁾	Common Stock	2,963	$0	3,415	D
Restricted Stock Units (Performance-based Vesting)	⁽¹⁾	03/18/2026		D			226	⁽²⁾	⁽²⁾	Common Stock	226	$0	3,189	D
Restricted Stock Units (Performance-based Vesting)	⁽¹⁾	03/18/2026		M			4,802	⁽³⁾	⁽³⁾	Common Stock	4,802	$0	5,340	D
Restricted Stock Units (Performance-based Vesting)	⁽¹⁾	03/18/2026		D			269	⁽³⁾	⁽³⁾	Common Stock	269	$0	5,071	D
Restricted Stock Units (Performance-based Vesting)	⁽¹⁾	03/18/2026		M			7,097	⁽⁴⁾	⁽⁴⁾	Common Stock	7,097	$0	16,046	D
Restricted Stock Units (Performance-based Vesting)	⁽¹⁾	03/18/2026		D			617	⁽⁴⁾	⁽⁴⁾	Common Stock	617	$0	15,429	D

Explanation of Responses:

1. 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.

2. 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.

3. 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.

4. 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.

Remarks:

	/s/ Megan C. Preneta, as Attorney-in-Fact for Keith R. Siegner	03/20/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What did Lovesac (LOVE) EVP and CFO Keith Siegner report in this Form 4?

Keith Siegner reported vesting and settlement of performance-based restricted stock units into Common Stock. The transactions reflect compensation-related equity awards and forfeitures, with no open-market purchases or sales disclosed in this filing for Lovesac Co.

How many Lovesac common shares does Keith Siegner hold after these transactions?

After the reported transactions, Keith Siegner directly holds 30,237 shares of Lovesac Common Stock. This figure comes from the final non-derivative entry showing total shares following the transactions, providing context for his post-transaction ownership position.

Were Keith Siegner’s Lovesac (LOVE) transactions open-market buys or sells?

No, the transactions were not open-market buys or sells. They consist of exercises and settlements of performance-based restricted stock units at $0.00 per share and dispositions back to the issuer, consistent with equity compensation vesting and forfeiture mechanics.

What is the significance of the RSU footnotes in Keith Siegner’s Lovesac filing?

The footnotes explain that each RSU converts into one share of Common Stock upon vesting, and that portions of performance-based grants from 2023, 2024, and 2025 vested while the unearned balances of those RSUs were forfeited back to Lovesac Co.

How many shares were acquired through equity award exercises in this Lovesac Form 4?

The filing shows exercises of derivative securities for 14,862 underlying shares of Common Stock at $0.00 per share. These shares came from the vesting and settlement of performance-based restricted stock units granted to Keith Siegner as part of his compensation.

Did this Lovesac (LOVE) Form 4 indicate any remaining performance-based RSUs for Keith Siegner?

The derivative section shows no remaining positions after these transactions, while the footnotes state unearned balances of the referenced performance-based RSU grants were forfeited. Together, this indicates the reported grants either vested in part or were forfeited.