secwatch.observer — SEC 8-K summary
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Issuer:     Lovesac Co (LOVE)
CIK:        0001701758
Form:       8-K
Filed at:   2023-06-07T23:59:59+00:00
Accession:  0001628280-23-021164
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lovesac names Keith Siegner new CFO as Donna Dellomo retires; CSO Jack Krause also retires
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- Donna Dellomo retires as EVP and CFO effective June 30, 2023, will serve as Senior Strategic Advisor for up to 12 months at $50k monthly retainer.
- Keith Siegner appointed EVP and CFO effective June 30; base salary $450k, target annual incentive 55%, signing bonus $50k, RSU grants totaling ~$1.5M.
- Jack Krause retires as Chief Strategy Officer effective June 30, remains on Board; receives pro-rata bonus and annual RSU grant of $125k.
- Dellomo's separation includes pro-rata cash bonus, 12-month COBRA subsidy, and extended stock option exercise period.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1701758/000162828023021164/0001628280-23-021164-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1701758/000162828023021164/love-20230607.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-021164

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