Lovesac Co·4/A

Jun 10, 7:19 PM ET

HEYER ANDREW R 4/A

4/A · Lovesac Co · Filed Jun 10, 2026

Research Summary

AI-generated summary of this filing

Updated

Lovesac Director Andrew Heyer Receives 6,308 RSUs

What Happened Andrew R. Heyer, a director of Lovesac Co. (LOVE), acquired 6,308 restricted stock units (RSUs) reported as a derivative award (code A) at $0.00. The filing explains these RSUs were elected in lieu of the director's cash retainer for fiscal 2026 and vested in full. This amended Form 4 corrects a prior omission where these holdings were not reported.

Key Details

  • Transaction / vesting date: June 10, 2026 (reported in the filing); amendment filed June 10, 2026.
  • Amount: 6,308 RSUs granted/acquired at $0.00 (derivative award).
  • Shares owned after transaction: Not disclosed in the amended Form 4 (filing reports the 6,308 vested RSUs but does not list total beneficial ownership).
  • Footnotes: F1 — each RSU converts to one common share upon vesting; F2 — these RSUs were elected instead of the director's cash retainer for fiscal 2026 and vested 100%; they were inadvertently omitted from the earlier Form 4 and are now reported.
  • Filing status: This is an amended filing correcting a prior omission (indicates a late-report correction, not a new trade).

Context RSUs are compensation awards that convert into shares upon vesting; this transaction reflects routine director compensation (an award/vesting), not an open-market purchase or sale. Because this is an award that vested and was reported after the fact via an amendment, it should be viewed as a pay-related issuance rather than a direct signal of the director buying or selling company stock.

Insider Transaction Report

Form 4/AAmended
Period: 2025-06-10
Transactions
  • Award

    Restricted Stock Units

    [F1][F2]
    2025-06-10+6,3080 total
    Common Stock (6,308 underlying)
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]Represents RSUs elected by the Reporting Person in lieu of the Reporting Person's cash retainer for service on the Issuer's board of directors for fiscal 2026, of which 100% vested on June 10, 2026. These holdings were inadvertently omitted from the previously filed Form 4 and are reported herein to correct that omission.
Signature
/s/ Megan C. Preneta, Attorney-in-Fact for Andrew R. Heyer|2026-06-10

Documents

1 file
  • 4
    wk-form4a_1781133570.xml

    FORM 4/A