In 2023, Shawn Nelson earned $905.36K in total compensation at Lovesac, including $477.00K salary and $414.36K in stock. Most recently sold 71,583 shares in Jun 2024. Currently holds stock worth $3.83M. Has donated $141.52K in stock to charitable causes. Has led Lovesac for over 27 years.
Compensation History
Annual executive compensation data for Shawn Nelson, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$905.36K
Salary
$477.00K
Bonus
$0.00
Other
$14.00K
Salary
$477.00KBoard Justification
The compensation philosophy emphasizes performance-based pay to align the CEO's interests with company performance and shareholder value.
Bonus
$0.00Board Justification
No bonus was reported for the year 2023.
Other Compensation
$14.00KBoard Justification
Includes 401(k) matching contributions and other benefits.
Restricted Stock
Board Justification
14,544 RSUs vested in 2023, valued at $414,359.
Performance Metrics
The performance metrics for determining compensation include net sales, adjusted EBITDA, and customer satisfaction (CSAT) targets.
Shawn Nelson
Founder and CEO of Lovesac
Education
Master's degree in Strategic Design and Management
Field of Expertise
Business & Management - Entrepreneurship
Sector of Economy
Consumer Cyclical
Born
January 1, 1977 - 48 years ago
CEO of Lovesac for
27 years 11 months (Jan 1998 - Present)
Previous Experience
Founder of Lovesac
Holdings
Track Shawn Nelson's stock holdings and portfolio value over time.
Total Stock Sold
$4.96M
$4.96M
154,583 LOVE shares
What if they kept their stock?
If Shawn Nelson didn't sell their stock, today they would have:
Extra LOVE154,583 shares worth $2.16M.
This is -56.39% and $2.80M less than what they got when they sold the stock.
Charitable Transactions
10,116 shares
LOVE
Recent Charitable Transactions
3,701 shares
LOVE
Dec 13, 2023
Charity
3,100 shares
LOVE
Dec 15, 2022
Charity
2,250 shares
LOVE
Dec 17, 2021
Charity
1,065 shares
LOVE
Dec 23, 2020
Charity
Insider Trading
Shawn Nelson's recent stock transactions, purchases, and sales filed with the SEC.
$1.66M
LOVE at $23.25/share
Jun 20, 2024
Sale
$134.61K
LOVE at $22.44/share
Mar 15, 2024
Sale
3,701 shares
LOVE
Dec 13, 2023
Charity
$469.06K
LOVE at $24.69/share
Dec 13, 2023
Sale
24,759 shares
LOVE
May 17, 2023
Received
$375.51K
LOVE at $28.88/share
Apr 5, 2023
Sale
36,133 shares
LOVE
Mar 23, 2023
Received
3,100 shares
LOVE
Dec 15, 2022
Charity
$271.09K
LOVE at $33.89/share
Jul 15, 2022
Sale
11,270 shares
LOVE
Jun 5, 2022
Received
Rivals
Compare Shawn Nelson with competitor CEOs and industry peers.