Lovesac (LOVE) CFO receives 28,843 restricted stock units vesting over three years

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

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

Lovesac Co EVP and CFO Andrew Farag received a compensation grant of restricted stock units. The award covers 28,843 RSUs, each representing the right to receive one share of Lovesac common stock upon vesting. These RSUs vest in three equal installments on the first, second and third anniversaries of the June 23, 2026 grant date. After this grant, Farag is reported as holding 28,843 RSUs directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Farag Andrew

Role EVP and CFO

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	28,843	$0.00	--

Holdings After Transaction: Restricted Stock Units — 28,843 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. On June 23, 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.

Key Figures

RSUs granted: 28,843 units Underlying shares: 28,843 shares Grant date: June 23, 2026 +2 more

5 metrics

RSUs granted 28,843 units Restricted stock unit award to EVP and CFO

Underlying shares 28,843 shares Common stock underlying granted RSUs

Grant date June 23, 2026 RSU award date

Post-grant RSU holdings 28,843 units Total RSUs reported following transaction

Exercise price $0.00 per unit No cash exercise price for RSUs

Key Terms

Restricted Stock Units, RSU, vest, contingent right

4 terms

Restricted Stock Units financial

"Each restricted stock unit ("RSU") represents the contingent right to receive..."

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 to receive..."

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.

vest financial

"RSUs which vest in three equal installments on the first, second and third anniversaries..."

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

contingent right financial

"represents the contingent right to receive, upon vesting of the RSU, one share..."

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/24/2026 - 04:19 PM Accepted by SEC EDGAR 06/24/2026 - 04:18 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^*

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)

	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)
06/23/2026

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)

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	⁽¹⁾	06/23/2026		A		28,843		⁽²⁾	⁽²⁾	Common Stock	28,843	$0	28,843	D

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 23, 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 Farag	06/24/2026
	** 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 Andrew Farag report in this Form 4?

Andrew Farag reported receiving a grant of 28,843 restricted stock units. Each RSU converts into one share of Lovesac common stock as it vests, providing equity-based compensation tied directly to the company’s future share performance over time.

How many Lovesac (LOVE) restricted stock units were granted to the CFO?

The grant to the CFO totals 28,843 restricted stock units. Each RSU represents a contingent right to receive one share of Lovesac common stock, aligning a portion of his compensation with shareholders through future stock ownership.

What is the vesting schedule for Andrew Farag’s Lovesac (LOVE) RSU grant?

The 28,843 RSUs vest in three equal annual installments. Vesting occurs on the first, second and third anniversaries of the June 23, 2026 grant date, encouraging multi-year retention and long-term alignment with the company’s performance.

Does the Lovesac (LOVE) CFO’s RSU grant involve any purchase or sale of shares?

The transaction reflects a grant of RSUs as compensation, not an open-market purchase or sale. No price per share was paid for the award, and the units convert into common stock only as they vest over time.

How many Lovesac (LOVE) RSUs does the CFO hold after this transaction?

After this award, the CFO is shown holding 28,843 restricted stock units directly. These RSUs represent future potential shares of Lovesac common stock, subject to the three-year graded vesting schedule disclosed for this grant.