Lovesac Co·4

Jun 22, 4:17 PM ET

HEYER ANDREW R 4

Research Summary

AI-generated summary

Updated

Lovesac (LOVE) Director Andrew Heyer Buys 30,000 Shares

What Happened

  • Andrew R. Heyer, a director of Lovesac Co (NASDAQ: LOVE), acquired 30,000 shares on June 18, 2026 in an open-market purchase (Code P). The reported weighted-average price was $14.68 per share, for a total transaction value of approximately $440,400. This was a purchase (buy), which investors often view as a more informative insider action than routine sales.

Key Details

  • Transaction date: 2026-06-18; Filing date: 2026-06-22 (timely filed within SEC Form 4 deadlines).
  • Reported price: weighted average $14.68 per share; footnote indicates trades occurred at prices ranging from $14.105 to $14.830 and that the filer can provide a breakdown of shares sold at each price upon request.
  • Shares acquired: 30,000; total value ≈ $440,400.
  • Shares owned after transaction: not specified in the provided filing summary.
  • Transaction code: P (Purchase). No 10b5-1 plan, option exercise, gift, or tax-withholding details were reported in this filing.

Context

  • This was a straightforward open-market purchase by a company director (not a derivative or exercise). Insider purchases can be interpreted by some investors as a sign of confidence, but they do not guarantee future company performance.