Accepted (ET)
4:21 PM
Sep 11, 2026
Filed
Sep 11, 2026
Documents
1
Size
6.9 KB
Summary
Lovesac (LOVE) Director Alan Boehme Receives 5,238 RSUs
What Happened
Alan Boehme, a director of Lovesac Co. (LOVE), received 5,238 shares on September 9, 2026 when restricted stock units (RSUs) vested. The Form 4 reports an award/acquisition (code A) of 5,238 shares at $0.00 and a related conversion/exercise of a derivative (code M) of 5,238 shares at $0.00 — reflecting RSU vesting and conversion into common stock with no cash payment required.
Key Details
- Transaction date: 2026-09-09 (both the RSU vesting/acquisition and the derivative conversion).
- Reported price: $0.00 per share (standard for RSU vest-to-share conversions; no cash paid).
- Shares received: 5,238 shares.
- Shares owned after the transaction: not specified in the provided filing.
- Footnotes: F1 — shares came from RSUs granted 9/9/2025 that vested on 9/9/2026; F2 — each RSU equals the right to one common share upon vesting.
- Filing date: 2026-09-11 (Form 4 filed two days after the transaction; appears to be timely).
Context
This was an award/vest of compensation (RSUs) rather than an open-market purchase or sale. The derivative entry simply records the conversion/exercise of the RSU right into actual shares. RSU vesting is routine executive/director compensation and does not by itself indicate buy/sell sentiment.