Lovesac Co. Files 8-K on Officer Compensation

Ticker: LOVE · Form: 8-K · Filed: 2025-04-09T00:00:00.000Z

Sentiment: neutral

Topics: executive-compensation, disclosure

TL;DR

Lovesac filed an 8-K about exec comp changes - keep an eye on this.

AI Summary

On April 3, 2025, The Lovesac Company filed an 8-K report detailing changes in its executive and director compensation arrangements. The filing indicates adjustments to the compensatory arrangements for certain officers, though specific details regarding dollar amounts or new appointments are not elaborated in this summary section of the filing.

Why It Matters

This filing signals potential changes in how key executives are compensated, which could impact employee morale and the company's financial structure.

Risk Assessment

Risk Level: low — The filing is a routine disclosure regarding executive compensation arrangements and does not indicate any immediate financial distress or significant operational changes.

Key Players & Entities

FAQ

What specific changes were made to the compensatory arrangements for certain officers?

The filing indicates that there were changes to the compensatory arrangements of certain officers, but the specific details of these changes, including any new dollar amounts or terms, are not provided in the initial summary of the 8-K.

When was the earliest event reported in this 8-K filing?

The earliest event reported in this 8-K filing was on April 3, 2025.

What is the Commission File Number for The Lovesac Company?

The Commission File Number for The Lovesac Company is 001-38555.

Where are The Lovesac Company's principal executive offices located?

The Lovesac Company's principal executive offices are located at 421 Atlantic Street, Stamford, Connecticut 06901.

What is the Standard Industrial Classification code for The Lovesac Company?

The Standard Industrial Classification code for The Lovesac Company is 5712, which corresponds to Retail-Furniture Stores.

From the Filing

0001628280-25-017204.txt : 20250409 0001628280-25-017204.hdr.sgml : 20250409 20250409164205 ACCESSION NUMBER: 0001628280-25-017204 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 13 CONFORMED PERIOD OF REPORT: 20250403 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20250409 DATE AS OF CHANGE: 20250409 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Lovesac Co CENTRAL INDEX KEY: 0001701758 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-FURNITURE STORES [5712] ORGANIZATION NAME: 07 Trade & Services EIN: 320514958 STATE OF INCORPORATION: DE FISCAL YEAR END: 0204 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-38555 FILM NUMBER: 25825653 BUSINESS ADDRESS: STREET 1: 421 ATLANTIC STREET, SUITE 200 CITY: STAMFORD STATE: CT BUSINESS PHONE: 203-817-2279 MAIL ADDRESS: STREET 1: 421 ATLANTIC STREET, SUITE 200 CITY: STAMFORD STATE: CT 8-K 1 love-20250403.htm 8-K love-20250403 0001701758 FALSE 0001701758 2025-04-03 2025-04-03  UNITED STATES  SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549      FORM 8-K   CURRENT REPORT  Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934   Date of Report (Date of earliest event reported): April 3, 2025     THE LOVESAC COMPANY (Exact name of registrant as specified in its charter)        Delaware   001-38555   32-0514958 (State or other jurisdiction of   (Commission   (I.R.S. Employer incorporation)   File Number)   Identification No.)               421 Atlantic Street Stamford, Connecticut 06901       (Address of Principal Executive Offices, and Zip Code)    ( 888 ) 636-1223 Registrant’s Telephone Number, Including Area Code   Not Applicable  (Former name or former address, if changed since last report)       Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):   ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)   ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))   Title of each class Trading Symbol(s) Name of each exchange on which registered Common stock, par value $0.00001 per share LOVE The NASDAQ Stock Market LLC   Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).   Emerging growth company ☐  If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐       Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On April 3, 2025, Mr. Jack A. Krause notified the Board of Directors (the “Board”) of The Lovesac Company (the “Company”) of his intent to resign from the Board, effective at the conclusion of the Company’s annual meeting of stockholders on June 10, 2025. Mr. Krause’s decision to resign from the Board was not related to any disagreement with the Company on any matter relating to its operations

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