Fox Mary 4
4 · Lovesac Co · Filed Jun 15, 2026
Research Summary
AI-generated summary of this filing
Lovesac (LOVE) President Mary Fox Receives RSU Award; Shares Withheld
What Happened
- Mary Fox, President of Lovesac Co (LOVE), had 9,616 restricted stock units (RSUs) vest on June 11, 2026. The RSUs converted to 9,616 shares (derivative conversion).
- To satisfy tax withholding, 4,553 shares and 4,311 shares were withheld at $16.30 per share (total withheld value $74,214 + $70,269 = $144,483). No shares were sold on the open market. Net shares delivered to Ms. Fox after withholding: 752 shares (approx. $12,258 at $16.30).
Key Details
- Transaction date: June 11, 2026; Filing date: June 15, 2026 (filed within typical 2 business-day window).
- Awards/Conversions: 9,616 RSUs vested and converted to shares (reporting codes A and M).
- Tax withholding: 4,553 shares and 4,311 shares withheld (reporting code F); total withheld = 8,864 shares; total withholding value = $144,483.
- Net shares received: 752 shares (9,616 vested − 8,864 withheld).
- Footnotes: RSUs were granted June 11, 2024; each RSU equals one common share; the withheld shares were to satisfy tax liabilities and were not open-market sales.
- Shares owned after the transaction: not specified in the provided filing excerpt.
Context
- This was a routine RSU vesting and tax-withholding transaction, not an open-market sale or purchase. For RSUs, withholding of shares to pay taxes is common and does not necessarily indicate a change in insider sentiment.
Insider Transaction Report
Form 4
Lovesac CoLOVE
Fox Mary
President
Transactions
- Award
Common Stock, $0.00001 par value
[F1]2026-06-11+9,616→ 78,818 total - Tax Payment
Common Stock, $0.00001 par value
[F2]2026-06-11$16.30/sh−4,553$74,214→ 74,265 total - Tax Payment
Common Stock, $0.00001 par value
[F3]2026-06-11$16.30/sh−4,311$70,269→ 69,954 total - Exercise/Conversion
Restricted Stock Units
[F4][F1]2026-06-11−9,616→ 9,616 total→ Common Stock (9,616 underlying)
Footnotes (4)
- [F1]Reflects the vesting of time-based restricted stock units ("RSUs") granted to the Reporting Person on June 11, 2024.
- [F2]The reported shares were withheld to satisfy the Reporting Person's tax liability in connection with the vesting of time-based RSUs granted on June 11, 2024. No shares were sold.
- [F3]The reported shares were withheld to satisfy the Reporting Person's tax liability in connection with the settlement of performance-based RSUs granted on June 11, 2024 that vested on March 18, 2026. No shares were sold.
- [F4]Each RSU represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock.
Signature
/s/ Megan C. Preneta, as Attorney-in-Fact for Mary Fox|2026-06-15