Siegner Keith R. 4

4 · Lovesac Co · Filed Mar 20, 2026

AI-generated summary of this filing

Updated Mar 20, 2026

Lovesac (LOVE) CFO Keith R. Siegner Receives Award (RSU Vesting)

What Happened

Keith R. Siegner, Executive Vice President and Chief Financial Officer of Lovesac Co. (LOVE), had performance-based restricted stock units (RSUs) convert to common shares on March 18, 2026.
A total of 14,862 shares were acquired upon vesting (2,963 + 4,802 + 7,097). No cash was paid for these shares (reported price $0.00). To satisfy withholding/tax obligations, 1,112 shares were delivered to the issuer, leaving a net of 13,750 shares received by Siegner.
These reported transactions reflect the vesting/settlement of performance-based RSUs (not open-market purchases or sales).

Key Details

Transaction date: March 18, 2026; Form 4 filed March 20, 2026 (filed within the usual two-business-day window).
Reported acquisitions (vested/converted): 2,963; 4,802; 7,097 shares — total 14,862 shares — at $0.00 per share.
Shares withheld/delivered to issuer for taxes: 226 + 269 + 617 = 1,112 shares.
Net shares retained by insider after withholding: 13,750.
Footnotes: F1–F4 indicate these were RSUs (one RSU = one share upon vesting) and these shares came from different performance-based RSU tranches: June 30, 2023 (third tranche), June 11, 2024 (second tranche), and April 15, 2025 (first tranche). Unearned balances from those grants were forfeited as noted.
Shares owned following the transaction: not disclosed in the provided summary of the filing.

Context

These transactions are typical for RSU vesting: the derivative (RSU) converted to shares (reported as exercise/conversion), and some shares were surrendered/issued back to the company to cover withholding (tax) obligations. Because this is vesting of awards rather than an open-market buy or sale, it should be read as compensation-related settlement, not a direct buy/sell signal about the insider’s market view.

Form 4

Period: 2026-03-18

EVP and CFO

Transactions

Exercise/Conversion
Common Stock, $0.00001 par value
[F1]
2026-03-18+2,963→ 18,338 total
Exercise/Conversion
Common Stock, $0.00001 par value
[F1]
2026-03-18+4,802→ 23,140 total
Exercise/Conversion
Common Stock, $0.00001 par value
[F1]
2026-03-18+7,097→ 30,237 total
Exercise/Conversion
Restricted Stock Units (Performance-based Vesting)
[F1][F2]
2026-03-18−2,963→ 3,415 total
→ Common Stock (2,963 underlying)
Disposition to Issuer
Restricted Stock Units (Performance-based Vesting)
[F1][F2]
2026-03-18−226→ 3,189 total
→ Common Stock (226 underlying)
Exercise/Conversion
Restricted Stock Units (Performance-based Vesting)
[F1][F3]
2026-03-18−4,802→ 5,340 total
→ Common Stock (4,802 underlying)
Disposition to Issuer
Restricted Stock Units (Performance-based Vesting)
[F1][F3]
2026-03-18−269→ 5,071 total
→ Common Stock (269 underlying)
Exercise/Conversion
Restricted Stock Units (Performance-based Vesting)
[F1][F4]
2026-03-18−7,097→ 16,046 total
→ Common Stock (7,097 underlying)
Disposition to Issuer
Restricted Stock Units (Performance-based Vesting)
[F1][F4]
2026-03-18−617→ 15,429 total
→ Common Stock (617 underlying)

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.

Signature

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

1 file