The filing is an initial Form 3 for The Lovesac Company (LOVE) reporting person Alan Boehme at 421 Atlantic Street, Stamford, CT. The event date requiring the statement is 08/27/2025. Mr. Boehme is identified as a Director and the form was filed by one reporting person. The report shows ownership of 0 shares of Common Stock, $0.00001 par value, held directly. The filing includes an exhibit: Exhibit 24 - Power of Attorney, and is signed by Megan C. Preneta as Attorney-in-Fact for Alan Boehme on 09/08/2025.
The Lovesac Company appointed Alan Boehme to its Board of Directors effective August 27, 2025. His compensation follows the companys non-employee Director Compensation Policy and includes a grant of restricted stock units valued at $125,000 that vest 50% after one year and 50% after two years, contingent on continued Board service. He will also receive an annual cash retainer of $75,000, payable quarterly, which he may elect to take as RSUs that vest on the anniversary of each grant. The filing states there are no related-party transactions or other arrangements requiring disclosure.
AWM Investment Company, Inc. reported beneficial ownership of 730,960 shares of The Lovesac Company common stock, representing 5.0% of the class. AWM states it holds sole voting and dispositive power over these shares on behalf of three funds: Special Situations Cayman Fund (147,331 shares), Special Situations Fund III QP (518,575 shares) and Special Situations Private Equity Fund (65,054 shares). The filing states the holdings were acquired in the ordinary course of business and are not held to change or influence control of the issuer.
Lovesac (NASDAQ: LOVE) director Walter F. McLallen filed a Form 4 disclosing open-market purchases executed on 17-18 June 2025. He acquired a total of 2,000 common shares at prices ranging from $17.33 to $17.95, representing an aggregate investment of roughly $35,400. Following these transactions, McLallen’s direct ownership increased to 38,050 shares, a rise of about 5.5%. No shares were sold and no derivative instruments were involved, indicating a net increase in insider ownership.