Nelson Shawn David 4

What Happened

• Nelson Shawn David, CEO of Lovesac Co (NASDAQ: LOVE), reported an acquisition of 1,830 shares on 2026-06-22. The transaction was reported as a purchase (code P) at $13.64 per share for a total of roughly $24,961. This was reported on Form 4 filed 2026-06-23.

Key Details

• Transaction date and price: 2026-06-22 — 1,830 shares at $13.64 each.
• Total value: approximately $24,961.
• Shares owned after transaction: not specified in the provided filing information.
• Footnote: The shares are held by The LDPV Holding Trust (dated Oct 1, 2018); the reporting person’s spouse is trustee and the reporting person has sole authority over disposition of the trust’s shares.
• Filing timeliness: Report filed the next day (timely as reported).

Context

• The filing is a straightforward purchase (code P). Purchases by executives are often watched by investors as potentially informative, but the filing itself does not state the insider’s motivation.
• The shares are held via a family trust structure rather than directly by the CEO, per the footnote; this is a common ownership arrangement and indicates control over disposition.