Lovesac CFO granted 28,843 RSUs
Farag Andrew reported acquisition or exercise transactions in this Form 4 filing.
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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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 28,843 | $0.00 | $0.00 |
Footnotes (2)
- 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.
- F2. 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
Key Terms
Restricted Stock Units financial
RSU financial
vest financial
contingent right financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Lovesac (LOVE) EVP and CFO Andrew Farag report in this Form 4?
How many Lovesac (LOVE) restricted stock units were granted to the CFO?
What is the vesting schedule for Andrew Farag’s Lovesac (LOVE) RSU grant?
How many Lovesac (LOVE) RSUs does the CFO hold after this transaction?
AI-generated analysis. How Rhea-AI works. Not financial advice.