{"transactions":[{"id":853149,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":61981,"kind":"person","name":"Lolmaugh Cabell","position":1,"cik":"0001731797","reported_name":"Lolmaugh Cabell","relationship":{"director":true,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"Chief Executive Officer"}}],"security":"Common Stock","published_at":"2026-03-09T16:16:10.000Z","date":"2026-03-06","kind":"tax_withholding","planned":false,"acquired":false,"shares":2217,"price":3.34,"value":7404.78,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"The reporting person has elected to satisfy his tax withholding obligation in connection with the vesting of a prior restricted stock grant by directing the Issuer to withhold shares otherwise issuable upon vesting of the previously reported grant."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F2","text":"Includes (i) 5,041 shares of restricted stock for which the risks of forfeiture will lapse on 3/4/27; (ii) 9,028 shares of restricted stock for which the risks of forfeiture will lapse in equal annual installments on each of 3/3/27 and 3/3/28; and"},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F3","text":"(iii) the following shares of performance-based restricted stock, which are, in each case, subject to Mr. Lolmaugh remaining in continuous employment with the Issuer through December 31 of the year preceding the applicable vesting date and the Issuer achieving its performance target for each respective year: (A) 12,099 shares for which the risks of forfeiture will lapse on the date the Issuer releases its annual financial statements for the 2026 fiscal year; and (B) 10,833 shares for which the risks of forfeiture will lapse as to 30% and 40% of the initial number of shares granted on each of the dates the Issuer releases its annual financial statements for the 2026 and 2027 fiscal years, respectively. The Issuer's Form 10-K for the year ended December 31, 2025 contains additional information regarding the applicable performance targets."}],"balance_after":192165,"source":{"system":"sec-edgar","filing":"0001104659-26-025235","document":"tm268359-3_4seq1.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1552800/000110465926025235/tm268359-3_4seq1.xml","form_type":"4"}},{"id":853148,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":61980,"kind":"person","name":"KINDER JOSEPH","position":1,"cik":"0001555217","reported_name":"KINDER JOSEPH","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"SVP, Chief Merchant Officer"}}],"security":"Common Stock","published_at":"2026-03-09T16:15:37.000Z","date":"2026-03-06","kind":"tax_withholding","planned":false,"acquired":false,"shares":1108,"price":3.34,"value":3700.72,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"The reporting person has elected to satisfy his tax withholding obligation in connection with the vesting of a prior restricted stock grant by directing the Issuer to withhold shares otherwise issuable upon vesting of the previously reported grant."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F2","text":"Includes (i) 2,520 shares of restricted stock for which the risks of forfeiture will lapse on 3/4/27; (ii) 6,018 shares of restricted stock for which the risks of forfeiture will lapse in equal annual installments on each of 3/3/27 and 3/3/28; and"},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F3","text":"(iii) the following shares of performance-based restricted stock, which are, in each case, subject to Mr. Kinder remaining in continuous employment with the Issuer through December 31 of the year preceding the applicable vesting date and the Issuer achieving its performance target for each respective year: (A) 6,049 shares for which the risks of forfeiture will lapse on the date the Issuer releases its annual financial statements for the 2026 fiscal year; and (B) 12,638 shares for which the risks of forfeiture will lapse as to 30% and 40% of the initial number of shares granted on each of the dates the Issuer releases its annual financial statements for the 2026 and 2027 fiscal years, respectively. The Issuer's Form 10-K for the year ended December 31, 2025 contains additional information regarding the applicable performance targets."}],"balance_after":86384,"source":{"system":"sec-edgar","filing":"0001104659-26-025233","document":"tm268359-2_4seq1.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1552800/000110465926025233/tm268359-2_4seq1.xml","form_type":"4"}},{"id":853147,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":61979,"kind":"person","name":"Davis Mark Burton","position":1,"cik":"0001787766","reported_name":"Davis Mark Burton","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"Senior VP, CFO and Secretary"}}],"security":"Common Stock","published_at":"2026-03-09T16:15:12.000Z","date":"2026-03-06","kind":"tax_withholding","planned":false,"acquired":false,"shares":1108,"price":3.34,"value":3700.72,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"The reporting person has elected to satisfy his tax withholding obligation in connection with the vesting of a prior restricted stock grant by directing the Issuer to withhold shares otherwise issuable upon vesting of the previously reported grant."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F2","text":"Includes (i) 2,520 shares of restricted stock for which the risks of forfeiture will lapse on 3/4/27; (ii) 1,642 shares of restricted stock for which the risks of forfeiture will lapse in equal annual installments on each of 5/13/26 and 5/13/27; (iii) 6,018 shares of restricted stock for which the risks of forfeiture will lapse in equal annual installments on each of 3/3/27 and 3/3/28; and (iv) the following shares of performance-based restricted stock, which are, in each case, subject to Mr. Davis remaining in continuous employment with the Issuer through December 31 of the year preceding the applicable vesting date and the Issuer achieving its performance target for each respective year:"},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F3","text":"(cont.) (A) 6,049 shares for which the risks of forfeiture will lapse on the date the Issuer releases its annual financial statements for the 2026 fiscal year; (B) 1,972 shares for which the risks of forfeiture will lapse on the date the Issuer releases its annual financial statements for the 2026 fiscal year; and (C) 12,638 shares for which the risks of forfeiture will lapse as to 30% and 40% of the initial number of shares granted on each of the dates the Issuer releases its annual financial statements for the 2026 and 2027 fiscal years, respectively. The Issuer's Form 10-K for the year ended December 31, 2025 contains additional information regarding the applicable performance targets."}],"balance_after":105880,"source":{"system":"sec-edgar","filing":"0001104659-26-025230","document":"tm268359-1_4seq1.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1552800/000110465926025230/tm268359-1_4seq1.xml","form_type":"4"}},{"id":857959,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":61979,"kind":"person","name":"Davis Mark Burton","position":1,"cik":"0001787766","reported_name":"Davis Mark Burton","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"Senior VP, CFO and Secretary"}}],"security":"Common Stock","published_at":"2026-03-05T18:01:48.000Z","date":"2026-03-04","kind":"tax_withholding","planned":false,"acquired":false,"shares":906,"price":3.42,"value":3098.52,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"The reporting person has elected to satisfy his tax withholding obligation in connection with the vesting of a prior restricted stock grant by directing the Issuer to withhold shares otherwise issuable upon vesting of the previously reported grant."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F2","text":"Includes (i) 3,086 shares of restricted stock for which the risks of forfeiture will lapse on 3/6/26; (ii) 2,520 shares of restricted stock for which the risks of forfeiture will lapse on 3/4/27; (iii) 1,642 shares of restricted stock for which the risks of forfeiture will lapse in equal annual installments on each of 5/13/26 and 5/13/27; (iv) 6,018 shares of restricted stock for which the risks of forfeiture will lapse in equal annual installments on each of 3/3/27 and 3/3/28; and (v) the following shares of performance-based restricted stock, which are, in each case, subject to Mr. Davis remaining in continuous employment with the Issuer through December 31 of the year preceding the applicable vesting date and the Issuer achieving its performance target for each respective year:"},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F3","text":"(cont.) (A) 6,049 shares for which the risks of forfeiture will lapse on the date the Issuer releases its annual financial statements for the 2026 fiscal year; (B) 1,972 shares for which the risks of forfeiture will lapse on the date the Issuer releases its annual financial statements for the 2026 fiscal year; and (C) 12,638 shares for which the risks of forfeiture will lapse as to 30% and 40% of the initial number of shares granted on each of the dates the Issuer releases its annual financial statements for the 2026 and 2027 fiscal years, respectively. The Issuer's Form 10-K for the year ended December 31, 2025 contains additional information regarding the applicable performance targets."}],"balance_after":106988,"source":{"system":"sec-edgar","filing":"0001104659-26-024230","document":"tm268160-3_4seq1.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1552800/000110465926024230/tm268160-3_4seq1.xml","form_type":"4"}},{"id":857958,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":61979,"kind":"person","name":"Davis Mark Burton","position":1,"cik":"0001787766","reported_name":"Davis Mark Burton","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"Senior VP, CFO and Secretary"}}],"security":"Common Stock","published_at":"2026-03-05T18:01:48.000Z","date":"2026-03-03","kind":"tax_withholding","planned":false,"acquired":false,"shares":1081,"price":3.42,"value":3697.02,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"The reporting person has elected to satisfy his tax withholding obligation in connection with the vesting of a prior restricted stock grant by directing the Issuer to withhold shares otherwise issuable upon vesting of the previously reported grant."}],"balance_after":107894,"source":{"system":"sec-edgar","filing":"0001104659-26-024230","document":"tm268160-3_4seq1.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1552800/000110465926024230/tm268160-3_4seq1.xml","form_type":"4"}},{"id":857957,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":61980,"kind":"person","name":"KINDER JOSEPH","position":1,"cik":"0001555217","reported_name":"KINDER JOSEPH","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"SVP, Chief Merchant Officer"}}],"security":"Common Stock","published_at":"2026-03-05T18:00:59.000Z","date":"2026-03-04","kind":"tax_withholding","planned":false,"acquired":false,"shares":906,"price":3.42,"value":3098.52,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"The reporting person has elected to satisfy his tax withholding obligation in connection with the vesting of a prior restricted stock grant by directing the Issuer to withhold shares otherwise issuable upon vesting of the previously reported grant."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F2","text":"Includes (i) 3,086 shares of restricted stock for which the risks of forfeiture will lapse on 3/6/26; (ii) 2,520 shares of restricted stock for which the risks of forfeiture will lapse on 3/4/27; (iii) 6,018 shares of restricted stock for which the risks of forfeiture will lapse in equal annual installments on each of 3/3/27 and 3/3/28; and"},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F3","text":"(iv) the following shares of performance-based restricted stock, which are, in each case, subject to Mr. Kinder remaining in continuous employment with the Issuer through December 31 of the year preceding the applicable vesting date and the Issuer achieving its performance target for each respective year: (A) 6,049 shares for which the risks of forfeiture will lapse on the date the Issuer releases its annual financial statements for the 2026 fiscal year; and (B) 12,638 shares for which the risks of forfeiture will lapse as to 30% and 40% of the initial number of shares granted on each of the dates the Issuer releases its annual financial statements for the 2026 and 2027 fiscal years, respectively. The Issuer's Form 10-K for the year ended December 31, 2025 contains additional information regarding the applicable performance targets."}],"balance_after":87492,"source":{"system":"sec-edgar","filing":"0001104659-26-024229","document":"tm268160-2_4seq1.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1552800/000110465926024229/tm268160-2_4seq1.xml","form_type":"4"}},{"id":857956,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":61980,"kind":"person","name":"KINDER JOSEPH","position":1,"cik":"0001555217","reported_name":"KINDER JOSEPH","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"SVP, Chief Merchant Officer"}}],"security":"Common Stock","published_at":"2026-03-05T18:00:59.000Z","date":"2026-03-03","kind":"tax_withholding","planned":false,"acquired":false,"shares":1081,"price":3.42,"value":3697.02,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"The reporting person has elected to satisfy his tax withholding obligation in connection with the vesting of a prior restricted stock grant by directing the Issuer to withhold shares otherwise issuable upon vesting of the previously reported grant."}],"balance_after":88398,"source":{"system":"sec-edgar","filing":"0001104659-26-024229","document":"tm268160-2_4seq1.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1552800/000110465926024229/tm268160-2_4seq1.xml","form_type":"4"}},{"id":857955,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":61981,"kind":"person","name":"Lolmaugh Cabell","position":1,"cik":"0001731797","reported_name":"Lolmaugh Cabell","relationship":{"director":true,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"Chief Executive Officer"}}],"security":"Common Stock","published_at":"2026-03-05T18:00:17.000Z","date":"2026-03-04","kind":"tax_withholding","planned":false,"acquired":false,"shares":1811,"price":3.42,"value":6193.62,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"The reporting person has elected to satisfy his tax withholding obligation in connection with the vesting of a prior restricted stock grant by directing the Issuer to withhold shares otherwise issuable upon vesting of the previously reported grant."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F2","text":"Includes (i) 6,173 shares of restricted stock for which the risks of forfeiture will lapse on 3/6/26; (ii) 5,041 shares of restricted stock for which the risks of forfeiture will lapse on 3/4/27; (iii) 9,028 shares of restricted stock for which the risks of forfeiture will lapse in equal annual installments on each of 3/3/27 and 3/3/28; and"},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F3","text":"(iv) the following shares of performance-based restricted stock, which are, in each case, subject to Mr. Lolmaugh remaining in continuous employment with the Issuer through December 31 of the year preceding the applicable vesting date and the Issuer achieving its performance target for each respective year: (A) 12,099 shares for which the risks of forfeiture will lapse on the date the Issuer releases its annual financial statements for the 2026 fiscal year; and (B) 10,833 shares for which the risks of forfeiture will lapse as to 30% and 40% of the initial number of shares granted on each of the dates the Issuer releases its annual financial statements for the 2026 and 2027 fiscal years, respectively. The Issuer's Form 10-K for the year ended December 31, 2025 contains additional information regarding the applicable performance targets."}],"balance_after":194382,"source":{"system":"sec-edgar","filing":"0001104659-26-024228","document":"tm268160-1_4seq1.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1552800/000110465926024228/tm268160-1_4seq1.xml","form_type":"4"}},{"id":857954,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":61981,"kind":"person","name":"Lolmaugh Cabell","position":1,"cik":"0001731797","reported_name":"Lolmaugh Cabell","relationship":{"director":true,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"Chief Executive Officer"}}],"security":"Common Stock","published_at":"2026-03-05T18:00:17.000Z","date":"2026-03-03","kind":"tax_withholding","planned":false,"acquired":false,"shares":1621,"price":3.42,"value":5543.82,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"The reporting person has elected to satisfy his tax withholding obligation in connection with the vesting of a prior restricted stock grant by directing the Issuer to withhold shares otherwise issuable upon vesting of the previously reported grant."}],"balance_after":196193,"source":{"system":"sec-edgar","filing":"0001104659-26-024228","document":"tm268160-1_4seq1.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1552800/000110465926024228/tm268160-1_4seq1.xml","form_type":"4"}},{"id":865353,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":61980,"kind":"person","name":"KINDER JOSEPH","position":1,"cik":"0001555217","reported_name":"KINDER JOSEPH","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"SVP, Chief Merchant Officer"}}],"security":"Stock Option (Right to Buy)","published_at":"2026-03-03T16:17:01.000Z","date":"2026-03-02","kind":"grant","planned":false,"acquired":true,"shares":80000,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_date","element":"exerciseDate","label":"F3","text":"The options vest in three substantially equal installments on each of 3/2/2027, 3/2/2028 and 3/2/2029, subject to continuous employment as of the applicable vesting date."}],"balance_after":80000,"derivative":{"exercise_price":3.41,"expiration_date":"2036-03-02","underlying":"Common Stock","underlying_shares":80000},"source":{"system":"sec-edgar","filing":"0001104659-26-022870","document":"tm267874-3_4seq1.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1552800/000110465926022870/tm267874-3_4seq1.xml","form_type":"4"}},{"id":865352,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":61981,"kind":"person","name":"Lolmaugh Cabell","position":1,"cik":"0001731797","reported_name":"Lolmaugh Cabell","relationship":{"director":true,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"Chief Executive Officer"}}],"security":"Stock Option (Right to Buy)","published_at":"2026-03-03T16:16:34.000Z","date":"2026-03-02","kind":"grant","planned":false,"acquired":true,"shares":120000,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_date","element":"exerciseDate","label":"F3","text":"The options vest in three substantially equal installments on each of 3/2/2027, 3/2/2028 and 3/2/2029, subject to continuous employment as of the applicable vesting date."}],"balance_after":120000,"derivative":{"exercise_price":3.41,"expiration_date":"2036-03-02","underlying":"Common Stock","underlying_shares":120000},"source":{"system":"sec-edgar","filing":"0001104659-26-022867","document":"tm267874-2_4seq1.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1552800/000110465926022867/tm267874-2_4seq1.xml","form_type":"4"}},{"id":865354,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":61979,"kind":"person","name":"Davis Mark Burton","position":1,"cik":"0001787766","reported_name":"Davis Mark Burton","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"Senior VP, CFO and Secretary"}}],"security":"Stock Option (Right to Buy)","published_at":"2026-03-03T16:15:23.000Z","date":"2026-03-02","kind":"grant","planned":false,"acquired":true,"shares":80000,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_date","element":"exerciseDate","label":"F3","text":"The options vest in three substantially equal installments on each of 3/2/2027, 3/2/2028 and 3/2/2029, subject to continuous employment as of the applicable vesting date."}],"balance_after":80000,"derivative":{"exercise_price":3.41,"expiration_date":"2036-03-02","underlying":"Common Stock","underlying_shares":80000},"source":{"system":"sec-edgar","filing":"0001104659-26-022860","document":"tm267874-1_4seq1.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1552800/000110465926022860/tm267874-1_4seq1.xml","form_type":"4"}},{"id":876651,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":61980,"kind":"person","name":"KINDER JOSEPH","position":1,"cik":"0001555217","reported_name":"KINDER JOSEPH","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"SVP, Chief Merchant Officer"}}],"security":"Common Stock","published_at":"2026-02-27T16:16:42.000Z","date":"2026-02-26","kind":"disposition_to_issuer","planned":false,"acquired":false,"shares":17362,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"Represents forfeiture of unvested performance-based restricted stock granted in 2023, 2024 and 2025 as a result of the applicable performance targets not being achieved."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F2","text":"Includes (i) 3,086 shares of restricted stock for which the risks of forfeiture will lapse on 3/6/26; (ii) 5,041 shares of restricted stock for which the risks of forfeiture will lapse in equal annual installments on each of 3/4/26 and 3/4/27; (iii) 9,028 shares of restricted stock for which the risks of forfeiture will lapse in equal annual installments on each of 3/3/26, 3/3/27 and 3/3/28; and"},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F3","text":"(iv) the following shares of performance-based restricted stock, which are, in each case, subject to Mr. Kinder remaining in continuous employment with the Issuer through December 31 of the year preceding the applicable vesting date and the Issuer achieving its performance target for each respective year: (A) 6,049 shares for which the risks of forfeiture will lapse on the date the Issuer releases its annual financial statements for the 2026 fiscal year; and (B) 12,638 shares for which the risks of forfeiture will lapse as to 30% and 40% of the initial number of shares granted on each of the dates the Issuer releases its annual financial statements for the 2026 and 2027 fiscal years, respectively. The Issuer's Form 10-K for the year ended December 31, 2025 contains additional information regarding the applicable performance targets."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F4","text":"A reverse stock split on December 15, 2025 resulted in cash paid for 600 shares of the Issuer's common stock previously held by Mr. Kinder's spouse on a pre-reverse stock split basis, on the same basis as the Issuer's other stockholders."}],"balance_after":89479,"source":{"system":"sec-edgar","filing":"0001104659-26-021583","document":"tm267571-3_4seq1.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1552800/000110465926021583/tm267571-3_4seq1.xml","form_type":"4"}},{"id":876650,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":61979,"kind":"person","name":"Davis Mark Burton","position":1,"cik":"0001787766","reported_name":"Davis Mark Burton","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"Senior VP, CFO and Secretary"}}],"security":"Common Stock","published_at":"2026-02-27T16:16:22.000Z","date":"2026-02-26","kind":"disposition_to_issuer","planned":false,"acquired":false,"shares":18840,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"Represents forfeiture of unvested performance-based restricted stock granted in 2023, 2024 and 2025 as a result of the applicable performance targets not being achieved."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F2","text":"Includes (i) 3,086 shares of restricted stock for which the risks of forfeiture will lapse on 3/6/26; (ii) 5,041 shares of restricted stock for which the risks of forfeiture will lapse in equal annual installments on each of 3/4/26 and 3/4/27; (iii) 1,642 shares of restricted stock for which the risks of forfeiture will lapse in equal annual installments on each of 5/13/26 and 5/13/27; (iv) 9,028 shares of restricted stock for which the risks of forfeiture will lapse in equal annual installments on each of 3/3/26, 3/3/27 and 3/3/28; and (v) the following shares of performance-based restricted stock, which are, in each case, subject to Mr. Davis remaining in continuous employment with the Issuer through December 31 of the year preceding the applicable vesting date and the Issuer achieving its performance target for each respective year:"},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F3","text":"(cont.) (A) 6,049 shares for which the risks of forfeiture will lapse on the date the Issuer releases its annual financial statements for the 2026 fiscal year; (B) 1,972 shares for which the risks of forfeiture will lapse on the date the Issuer releases its annual financial statements for the 2026 fiscal year; and (C) 12,638 shares for which the risks of forfeiture will lapse as to 30% and 40% of the initial number of shares granted on each of the dates the Issuer releases its annual financial statements for the 2026 and 2027 fiscal years, respectively. The Issuer's Form 10-K for the year ended December 31, 2025 contains additional information regarding the applicable performance targets."}],"balance_after":108975,"source":{"system":"sec-edgar","filing":"0001104659-26-021578","document":"tm267571-2_4seq1.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1552800/000110465926021578/tm267571-2_4seq1.xml","form_type":"4"}},{"id":876649,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":61981,"kind":"person","name":"Lolmaugh Cabell","position":1,"cik":"0001731797","reported_name":"Lolmaugh Cabell","relationship":{"director":true,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"Chief Executive Officer"}}],"security":"Common Stock","published_at":"2026-02-27T16:15:48.000Z","date":"2026-02-26","kind":"disposition_to_issuer","planned":false,"acquired":false,"shares":32015,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"Represents forfeiture of unvested performance-based restricted stock granted in 2023, 2024 and 2025 as a result of the applicable performance targets not being achieved."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F2","text":"Includes (i) 6,173 shares of restricted stock for which the risks of forfeiture will lapse on 3/6/26; (ii) 10,083 shares of restricted stock for which the risks of forfeiture will lapse in equal annual installments on each of 3/4/26 and 3/4/27; (iii) 13,542 shares of restricted stock for which the risks of forfeiture will lapse in equal annual installments on each of 3/3/26, 3/3/27 and 3/3/28; and"},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F3","text":"(iv) the following shares of performance-based restricted stock, which are, in each case, subject to Mr. Lolmaugh remaining in continuous employment with the Issuer through December 31 of the year preceding the applicable vesting date and the Issuer achieving its performance target for each respective year: (A) 12,099 shares for which the risks of forfeiture will lapse on the date the Issuer releases its annual financial statements for the 2026 fiscal year; and (B) 10,833 shares for which the risks of forfeiture will lapse as to 30% and 40% of the initial number of shares granted on each of the dates the Issuer releases its annual financial statements for the 2026 and 2027 fiscal years, respectively. The Issuer's Form 10-K for the year ended December 31, 2025 contains additional information regarding the applicable performance targets."}],"balance_after":197814,"source":{"system":"sec-edgar","filing":"0001104659-26-021575","document":"tm267571-1_4seq1.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1552800/000110465926021575/tm267571-1_4seq1.xml","form_type":"4"}},{"id":967875,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Cash-Settled Total Return Swap","published_at":"2025-12-16T21:15:26.000Z","date":"2025-12-12","kind":"other","planned":false,"acquired":false,"shares":482703,"price":6.4873,"value":3131439.1719,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"security","element":"securityTitle","label":"F2","text":"The Reporting Person previously entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution. On December 12, 2025, the Reporting Person exercised 482,703 of such cash-settled total return swap agreements in exchange for $6.4873 per swap agreement in accordance with the terms of such swap agreements."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F2","text":"The Reporting Person previously entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution. On December 12, 2025, the Reporting Person exercised 482,703 of such cash-settled total return swap agreements in exchange for $6.4873 per swap agreement in accordance with the terms of such swap agreements."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"The Reporting Person previously entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution. On December 12, 2025, the Reporting Person exercised 482,703 of such cash-settled total return swap agreements in exchange for $6.4873 per swap agreement in accordance with the terms of such swap agreements."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F3","text":"The expiration date of the swap agreements will be automatically extended for successive 12 month periods unless one party provides written notice to the other party, at least 30 calendar days prior to the first extension and at least 15 days prior to any subsequent extension, not to so extend the expiration date."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Securities reported herein for Fund 1 Investments, LLC are held by private investment vehicles for which Pleasant Lake Partners LLC serves as investment adviser. Fund 1 Investments, LLC serves as managing member of Pleasant Lake Partners LLC. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. The Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein."}],"balance_after":0,"derivative":{"expiration_date":"2028-04-07","underlying":"Common Stock","underlying_shares":482703},"source":{"system":"sec-edgar","filing":"0000921895-25-003356","document":"form413866014_12162025.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1959730/000092189525003356/form413866014_12162025.xml","form_type":"4"}},{"id":972804,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Cash-Settled Total Return Swap","published_at":"2025-12-12T00:39:10.000Z","date":"2025-12-11","kind":"other","planned":false,"acquired":false,"shares":123044,"price":6.4367,"value":791997.3148,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"security","element":"securityTitle","label":"F5","text":"The Reporting Person previously entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution. On December 11, 2025, the Reporting Person exercised 123,044 of such cash-settled total return swap agreements in exchange for $6.4367 per swap agreement in accordance with the terms of such swap agreements."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F5","text":"The Reporting Person previously entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution. On December 11, 2025, the Reporting Person exercised 123,044 of such cash-settled total return swap agreements in exchange for $6.4367 per swap agreement in accordance with the terms of such swap agreements."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F5","text":"The Reporting Person previously entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution. On December 11, 2025, the Reporting Person exercised 123,044 of such cash-settled total return swap agreements in exchange for $6.4367 per swap agreement in accordance with the terms of such swap agreements."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F3","text":"The expiration date of the swap agreements will be automatically extended for successive 12 month periods unless one party provides written notice to the other party, at least 30 calendar days prior to the first extension and at least 15 days prior to any subsequent extension, not to so extend the expiration date."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Securities reported herein for Fund 1 Investments, LLC are held by private investment vehicles for which Pleasant Lake Partners LLC serves as investment adviser. Fund 1 Investments, LLC serves as managing member of Pleasant Lake Partners LLC. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. The Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein."}],"balance_after":482703,"derivative":{"expiration_date":"2028-04-07","underlying":"Common Stock","underlying_shares":123044},"source":{"system":"sec-edgar","filing":"0000921895-25-003320","document":"form413866014_12112025.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/1959730/000092189525003320/form413866014_12112025.xml","form_type":"4"}},{"id":972803,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Cash-Settled Total Return Swap","published_at":"2025-12-12T00:39:10.000Z","date":"2025-12-10","kind":"other","planned":false,"acquired":false,"shares":235478,"price":6.4476,"value":1518267.9528,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"security","element":"securityTitle","label":"F4","text":"The Reporting Person previously entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution. On December 10, 2025, the Reporting Person exercised 235,478 of such cash-settled total return swap agreements in exchange for $6.4476 per swap agreement in accordance with the terms of such swap agreements."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F4","text":"The Reporting Person previously entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution. On December 10, 2025, the Reporting Person exercised 235,478 of such cash-settled total return swap agreements in exchange for $6.4476 per swap agreement in accordance with the terms of such swap agreements."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F4","text":"The Reporting Person previously entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution. On December 10, 2025, the Reporting Person exercised 235,478 of such cash-settled total return swap agreements in exchange for $6.4476 per swap agreement in accordance with the terms of such swap agreements."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F3","text":"The expiration date of the swap agreements will be automatically extended for successive 12 month periods unless one party provides written notice to the other party, at least 30 calendar days prior to the first extension and at least 15 days prior to any subsequent extension, not to so extend the expiration date."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Securities reported herein for Fund 1 Investments, LLC are held by private investment vehicles for which Pleasant Lake Partners LLC serves as investment adviser. Fund 1 Investments, LLC serves as managing member of Pleasant Lake Partners LLC. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. The Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein."}],"balance_after":605747,"derivative":{"expiration_date":"2028-04-07","underlying":"Common Stock","underlying_shares":235478},"source":{"system":"sec-edgar","filing":"0000921895-25-003320","document":"form413866014_12112025.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1959730/000092189525003320/form413866014_12112025.xml","form_type":"4"}},{"id":972802,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Cash-Settled Total Return Swap","published_at":"2025-12-12T00:39:10.000Z","date":"2025-12-09","kind":"other","planned":false,"acquired":false,"shares":60888,"price":6.4139,"value":390529.5432,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"security","element":"securityTitle","label":"F2","text":"The Reporting Person previously entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution. On December 9, 2025, the Reporting Person exercised 60,888 of such cash-settled total return swap agreements in exchange for $6.4139 per swap agreement in accordance with the terms of such swap agreements."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F2","text":"The Reporting Person previously entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution. On December 9, 2025, the Reporting Person exercised 60,888 of such cash-settled total return swap agreements in exchange for $6.4139 per swap agreement in accordance with the terms of such swap agreements."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"The Reporting Person previously entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution. On December 9, 2025, the Reporting Person exercised 60,888 of such cash-settled total return swap agreements in exchange for $6.4139 per swap agreement in accordance with the terms of such swap agreements."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F3","text":"The expiration date of the swap agreements will be automatically extended for successive 12 month periods unless one party provides written notice to the other party, at least 30 calendar days prior to the first extension and at least 15 days prior to any subsequent extension, not to so extend the expiration date."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Securities reported herein for Fund 1 Investments, LLC are held by private investment vehicles for which Pleasant Lake Partners LLC serves as investment adviser. Fund 1 Investments, LLC serves as managing member of Pleasant Lake Partners LLC. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. The Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein."}],"balance_after":841225,"derivative":{"expiration_date":"2028-04-07","underlying":"Common Stock","underlying_shares":60888},"source":{"system":"sec-edgar","filing":"0000921895-25-003320","document":"form413866014_12112025.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1959730/000092189525003320/form413866014_12112025.xml","form_type":"4"}},{"id":1083548,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Cash-Settled Total Return Swap","published_at":"2025-07-22T16:52:37.000Z","date":"2025-07-21","kind":"purchase","planned":false,"acquired":true,"shares":15000,"price":6.7003,"value":100504.5,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"security","element":"securityTitle","label":"F6","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 15,000 notional shares of common stock for a price of $6.7003 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the Subject Shares. Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F6","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 15,000 notional shares of common stock for a price of $6.7003 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the Subject Shares. Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F6","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 15,000 notional shares of common stock for a price of $6.7003 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the Subject Shares. Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F5","text":"The expiration date of the swap agreements will be automatically extended for successive 12 month periods unless one party provides written notice to the other party, at least 30 calendar days prior to the first extension and at least 15 days prior to any subsequent extension, not to so extend the expiration date."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Securities reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Securities held for the account of the PL Fund."}],"balance_after":902113,"derivative":{"expiration_date":"2028-04-07","underlying":"Common Stock","underlying_shares":15000},"source":{"system":"sec-edgar","filing":"0000929638-25-002661","document":"form4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":4,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825002661/form4.xml","form_type":"4"}},{"id":1083547,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Cash-Settled Total Return Swap","published_at":"2025-07-22T16:52:37.000Z","date":"2025-07-18","kind":"purchase","planned":false,"acquired":true,"shares":20000,"price":6.9225,"value":138450.0,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"security","element":"securityTitle","label":"F4","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 20,000 notional shares of common stock for a price of $6.9225 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the subject of the swap agreements (the \"Subject Shares\"). Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F4","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 20,000 notional shares of common stock for a price of $6.9225 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the subject of the swap agreements (the \"Subject Shares\"). Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F4","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 20,000 notional shares of common stock for a price of $6.9225 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the subject of the swap agreements (the \"Subject Shares\"). Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F5","text":"The expiration date of the swap agreements will be automatically extended for successive 12 month periods unless one party provides written notice to the other party, at least 30 calendar days prior to the first extension and at least 15 days prior to any subsequent extension, not to so extend the expiration date."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Securities reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Securities held for the account of the PL Fund."}],"balance_after":887113,"derivative":{"expiration_date":"2028-04-07","underlying":"Common Stock","underlying_shares":20000},"source":{"system":"sec-edgar","filing":"0000929638-25-002661","document":"form4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825002661/form4.xml","form_type":"4"}},{"id":1086762,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Cash-Settled Total Return Swap","published_at":"2025-07-16T17:08:46.000Z","date":"2025-07-15","kind":"purchase","planned":false,"acquired":true,"shares":10000,"price":6.5605,"value":65605.0,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"security","element":"securityTitle","label":"F6","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 10,000 notional shares of common stock for a price of $6.5605 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the Subject Shares. Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F6","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 10,000 notional shares of common stock for a price of $6.5605 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the Subject Shares. Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F6","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 10,000 notional shares of common stock for a price of $6.5605 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the Subject Shares. Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F5","text":"The expiration date of the swap agreements will be automatically extended for successive 12 month periods unless one party provides written notice to the other party, at least 30 calendar days prior to the first extension and at least 15 days prior to any subsequent extension, not to so extend the expiration date."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Securities reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Securities held for the account of the PL Fund."}],"balance_after":867113,"derivative":{"expiration_date":"2028-04-07","underlying":"Common Stock","underlying_shares":10000},"source":{"system":"sec-edgar","filing":"0000929638-25-002611","document":"form4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":4,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825002611/form4.xml","form_type":"4"}},{"id":1086761,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Cash-Settled Total Return Swap","published_at":"2025-07-16T17:08:46.000Z","date":"2025-07-14","kind":"purchase","planned":false,"acquired":true,"shares":25000,"price":6.478,"value":161950.0,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"security","element":"securityTitle","label":"F4","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 25,000 notional shares of common stock for a price of $6.478 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the subject of the swap agreements (the \"Subject Shares\"). Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F4","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 25,000 notional shares of common stock for a price of $6.478 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the subject of the swap agreements (the \"Subject Shares\"). Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F4","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 25,000 notional shares of common stock for a price of $6.478 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the subject of the swap agreements (the \"Subject Shares\"). Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F5","text":"The expiration date of the swap agreements will be automatically extended for successive 12 month periods unless one party provides written notice to the other party, at least 30 calendar days prior to the first extension and at least 15 days prior to any subsequent extension, not to so extend the expiration date."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Securities reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Securities held for the account of the PL Fund."}],"balance_after":857113,"derivative":{"expiration_date":"2028-04-07","underlying":"Common Stock","underlying_shares":25000},"source":{"system":"sec-edgar","filing":"0000929638-25-002611","document":"form4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825002611/form4.xml","form_type":"4"}},{"id":1104107,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Cash-Settled Total Return Swap","published_at":"2025-06-23T16:52:11.000Z","date":"2025-06-23","kind":"purchase","planned":false,"acquired":true,"shares":10253,"price":6.2635,"value":64219.6655,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"security","element":"securityTitle","label":"F4","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 14,170 notional shares of common stock for a price of $6.0518 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the subject of the swap agreements (the \"Subject Shares\"). Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F6","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 10,253 notional shares of common stock for a price of $6.2635 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the Subject Shares. Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F6","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 10,253 notional shares of common stock for a price of $6.2635 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the Subject Shares. Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F5","text":"The expiration date of the swap agreements will be automatically extended for successive 12 month periods unless one party provides written notice to the other party, at least 30 calendar days prior to the first extension and at least 15 days prior to any subsequent extension, not to so extend the expiration date."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Securities reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Securities held for the account of the PL Fund."}],"balance_after":832113,"derivative":{"expiration_date":"2028-04-07","underlying":"Common Stock","underlying_shares":10253},"source":{"system":"sec-edgar","filing":"0000929638-25-002288","document":"form4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":4,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825002288/form4.xml","form_type":"4"}},{"id":1104106,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Cash-Settled Total Return Swap","published_at":"2025-06-23T16:52:11.000Z","date":"2025-06-18","kind":"purchase","planned":false,"acquired":true,"shares":14170,"price":6.0518,"value":85754.006,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"security","element":"securityTitle","label":"F4","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 14,170 notional shares of common stock for a price of $6.0518 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the subject of the swap agreements (the \"Subject Shares\"). Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F4","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 14,170 notional shares of common stock for a price of $6.0518 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the subject of the swap agreements (the \"Subject Shares\"). Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F4","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 14,170 notional shares of common stock for a price of $6.0518 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the subject of the swap agreements (the \"Subject Shares\"). Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F5","text":"The expiration date of the swap agreements will be automatically extended for successive 12 month periods unless one party provides written notice to the other party, at least 30 calendar days prior to the first extension and at least 15 days prior to any subsequent extension, not to so extend the expiration date."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Securities reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Securities held for the account of the PL Fund."}],"balance_after":821860,"derivative":{"expiration_date":"2028-04-07","underlying":"Common Stock","underlying_shares":14170},"source":{"system":"sec-edgar","filing":"0000929638-25-002288","document":"form4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825002288/form4.xml","form_type":"4"}},{"id":1104105,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Common Stock","published_at":"2025-06-23T16:52:11.000Z","date":"2025-06-20","kind":"purchase","planned":false,"acquired":true,"shares":1060,"price":6.2572,"value":6632.632,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Securities reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Securities held for the account of the PL Fund."}],"balance_after":11856805,"source":{"system":"sec-edgar","filing":"0000929638-25-002288","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825002288/form4.xml","form_type":"4"}},{"id":1104104,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Cash-Settled Total Return Swap","published_at":"2025-06-23T16:50:55.000Z","date":"2025-06-23","kind":"purchase","planned":false,"acquired":true,"shares":10253,"price":6.2635,"value":64219.6655,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"security","element":"securityTitle","label":"F4","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 14,170 notional shares of common stock for a price of $6.0518 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the subject of the swap agreements (the \"Subject Shares\"). Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F6","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 10,253 notional shares of common stock for a price of $6.2635 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the Subject Shares. Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F6","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 10,253 notional shares of common stock for a price of $6.2635 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the Subject Shares. Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F5","text":"The expiration date of the swap agreements will be automatically extended for successive 12 month periods unless one party provides written notice to the other party, at least 30 calendar days prior to the first extension and at least 15 days prior to any subsequent extension, not to so extend the expiration date."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Securities reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Securities held for the account of the PL Fund."}],"balance_after":832113,"derivative":{"expiration_date":"2028-04-07","underlying":"Common Stock","underlying_shares":10253},"source":{"system":"sec-edgar","filing":"0000929638-25-002287","document":"form4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":4,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825002287/form4.xml","form_type":"4"}},{"id":1104103,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Cash-Settled Total Return Swap","published_at":"2025-06-23T16:50:55.000Z","date":"2025-06-18","kind":"purchase","planned":false,"acquired":true,"shares":14170,"price":6.0518,"value":85754.006,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"security","element":"securityTitle","label":"F4","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 14,170 notional shares of common stock for a price of $6.0518 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the subject of the swap agreements (the \"Subject Shares\"). Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F4","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 14,170 notional shares of common stock for a price of $6.0518 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the subject of the swap agreements (the \"Subject Shares\"). Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F4","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 14,170 notional shares of common stock for a price of $6.0518 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the subject of the swap agreements (the \"Subject Shares\"). Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F5","text":"The expiration date of the swap agreements will be automatically extended for successive 12 month periods unless one party provides written notice to the other party, at least 30 calendar days prior to the first extension and at least 15 days prior to any subsequent extension, not to so extend the expiration date."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Securities reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Securities held for the account of the PL Fund."}],"balance_after":821860,"derivative":{"expiration_date":"2028-04-07","underlying":"Common Stock","underlying_shares":14170},"source":{"system":"sec-edgar","filing":"0000929638-25-002287","document":"form4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825002287/form4.xml","form_type":"4"}},{"id":1104102,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Common Stock","published_at":"2025-06-23T16:50:55.000Z","date":"2025-06-20","kind":"purchase","planned":false,"acquired":true,"shares":1060,"price":6.2572,"value":6632.632,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Securities reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Securities held for the account of the PL Fund."}],"balance_after":11856805,"source":{"system":"sec-edgar","filing":"0000929638-25-002287","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825002287/form4.xml","form_type":"4"}},{"id":1110114,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Cash-Settled Total Return Swap","published_at":"2025-06-16T16:44:06.000Z","date":"2025-06-13","kind":"purchase","planned":false,"acquired":true,"shares":25000,"price":6.0217,"value":150542.5,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"security","element":"securityTitle","label":"F4","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 10,000 notional shares of common stock for a price of $6.2393 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the subject of the swap agreements (the \"Subject Shares\"). Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F6","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 25,000 notional shares of common stock for a price of $6.0217 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the Subject Shares. Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F6","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 25,000 notional shares of common stock for a price of $6.0217 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the Subject Shares. Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F5","text":"The expiration date of the swap agreements will be automatically extended for successive 12 month periods unless one party provides written notice to the other party, at least 30 calendar days prior to the first extension and at least 15 days prior to any subsequent extension, not to so extend the expiration date."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Securities reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Securities held for the account of the PL Fund."}],"balance_after":807690,"derivative":{"expiration_date":"2028-04-07","underlying":"Common Stock","underlying_shares":25000},"source":{"system":"sec-edgar","filing":"0000929638-25-002238","document":"form4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":4,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825002238/form4.xml","form_type":"4"}},{"id":1110113,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Cash-Settled Total Return Swap","published_at":"2025-06-16T16:44:06.000Z","date":"2025-06-11","kind":"purchase","planned":false,"acquired":true,"shares":10000,"price":6.2393,"value":62393.0,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"security","element":"securityTitle","label":"F4","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 10,000 notional shares of common stock for a price of $6.2393 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the subject of the swap agreements (the \"Subject Shares\"). Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F4","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 10,000 notional shares of common stock for a price of $6.2393 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the subject of the swap agreements (the \"Subject Shares\"). Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F4","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 10,000 notional shares of common stock for a price of $6.2393 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the subject of the swap agreements (the \"Subject Shares\"). Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F5","text":"The expiration date of the swap agreements will be automatically extended for successive 12 month periods unless one party provides written notice to the other party, at least 30 calendar days prior to the first extension and at least 15 days prior to any subsequent extension, not to so extend the expiration date."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Securities reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Securities held for the account of the PL Fund."}],"balance_after":782690,"derivative":{"expiration_date":"2028-04-07","underlying":"Common Stock","underlying_shares":10000},"source":{"system":"sec-edgar","filing":"0000929638-25-002238","document":"form4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825002238/form4.xml","form_type":"4"}},{"id":1120030,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Cash-Settled Total Return Swap","published_at":"2025-06-06T17:35:17.000Z","date":"2025-06-06","kind":"purchase","planned":false,"acquired":true,"shares":10000,"price":6.407,"value":64070.0,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"security","element":"securityTitle","label":"F4","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 20,000 notional shares of common stock for a price of $6.3773 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the subject of the swap agreements (the \"Subject Shares\"). Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F7","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 10,000 notional shares of common stock for a price of $6.4070 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the Subject Shares. Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F7","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 10,000 notional shares of common stock for a price of $6.4070 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the Subject Shares. Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F5","text":"The expiration date of the swap agreements will be automatically extended for successive 12 month periods unless one party provides written notice to the other party, at least 30 calendar days prior to the first extension and at least 15 days prior to any subsequent extension, not to so extend the expiration date."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Securities reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Securities held for the account of the PL Fund."}],"balance_after":772690,"derivative":{"expiration_date":"2028-04-07","underlying":"Common Stock","underlying_shares":10000},"source":{"system":"sec-edgar","filing":"0000929638-25-002189","document":"form4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":5,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825002189/form4.xml","form_type":"4"}},{"id":1120029,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Cash-Settled Total Return Swap","published_at":"2025-06-06T17:35:17.000Z","date":"2025-06-05","kind":"purchase","planned":false,"acquired":true,"shares":10000,"price":6.4035,"value":64035.0,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"security","element":"securityTitle","label":"F4","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 20,000 notional shares of common stock for a price of $6.3773 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the subject of the swap agreements (the \"Subject Shares\"). Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F6","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 10,000 notional shares of common stock for a price of $6.4035 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the Subject Shares. Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F6","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 10,000 notional shares of common stock for a price of $6.4035 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the Subject Shares. Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F5","text":"The expiration date of the swap agreements will be automatically extended for successive 12 month periods unless one party provides written notice to the other party, at least 30 calendar days prior to the first extension and at least 15 days prior to any subsequent extension, not to so extend the expiration date."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Securities reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Securities held for the account of the PL Fund."}],"balance_after":762690,"derivative":{"expiration_date":"2028-04-07","underlying":"Common Stock","underlying_shares":10000},"source":{"system":"sec-edgar","filing":"0000929638-25-002189","document":"form4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":4,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825002189/form4.xml","form_type":"4"}},{"id":1120028,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Cash-Settled Total Return Swap","published_at":"2025-06-06T17:35:17.000Z","date":"2025-06-04","kind":"purchase","planned":false,"acquired":true,"shares":20000,"price":6.3773,"value":127546.0,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"security","element":"securityTitle","label":"F4","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 20,000 notional shares of common stock for a price of $6.3773 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the subject of the swap agreements (the \"Subject Shares\"). Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F4","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 20,000 notional shares of common stock for a price of $6.3773 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the subject of the swap agreements (the \"Subject Shares\"). Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F4","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 20,000 notional shares of common stock for a price of $6.3773 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the subject of the swap agreements (the \"Subject Shares\"). Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F5","text":"The expiration date of the swap agreements will be automatically extended for successive 12 month periods unless one party provides written notice to the other party, at least 30 calendar days prior to the first extension and at least 15 days prior to any subsequent extension, not to so extend the expiration date."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Securities reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Securities held for the account of the PL Fund."}],"balance_after":752690,"derivative":{"expiration_date":"2028-04-07","underlying":"Common Stock","underlying_shares":20000},"source":{"system":"sec-edgar","filing":"0000929638-25-002189","document":"form4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825002189/form4.xml","form_type":"4"}},{"id":1121086,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":32318,"kind":"person","name":"BONNEY MARK J","position":1,"cik":"0001232607","reported_name":"BONNEY MARK J","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Stock","published_at":"2025-06-05T20:16:14.000Z","date":"2025-06-03","kind":"grant","planned":false,"acquired":true,"shares":11813,"price":5.926,"value":70003.838,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"Represents shares of restricted stock granted pursuant to the Company's 2021 Omnibus Equity Compensation Plan, which are subject to a risk of forfeiture until the earlier of (a) the date of the Company's next annual meeting of stockholders and (b) June 3, 2026."}],"balance_after":127627,"source":{"system":"sec-edgar","filing":"0001104659-25-056840","document":"tm2517158-1_4seq1.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1232607/000110465925056840/tm2517158-1_4seq1.xml","form_type":"4"}},{"id":1121467,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":78840,"kind":"person","name":"Solheid Linda","position":1,"cik":"0001811368","reported_name":"Solheid Linda","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Stock","published_at":"2025-06-05T16:19:17.000Z","date":"2025-06-03","kind":"grant","planned":false,"acquired":true,"shares":8438,"price":5.926,"value":50003.588,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"Represents shares of restricted stock granted pursuant to the Company's 2021 Omnibus Equity Compensation Plan, which are subject to a risk of forfeiture until the earlier of (a) the date of the Company's next annual meeting of stockholders and (b) June 3, 2026."}],"balance_after":110946,"source":{"system":"sec-edgar","filing":"0001104659-25-056853","document":"tm2517158-5_4seq1.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1811368/000110465925056853/tm2517158-5_4seq1.xml","form_type":"4"}},{"id":1121988,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":78857,"kind":"person","name":"Kamin Peter","position":1,"cik":"0000937541","reported_name":"Kamin Peter","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Stock","published_at":"2025-06-05T16:19:06.000Z","date":"2025-06-03","kind":"grant","planned":false,"acquired":true,"shares":32063,"price":5.926,"value":190005.338,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"Represents shares of restricted stock granted pursuant to the Company's 2021 Omnibus Equity Compensation Plan, which are subject to a risk of forfeiture until the earlier of (a) the date of the Company's next annual meeting of stockholders and (b) June 3, 2026."}],"balance_after":3508447,"source":{"system":"sec-edgar","filing":"0001104659-25-056850","document":"tm2517158-4_4seq1.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/937541/000110465925056850/tm2517158-4_4seq1.xml","form_type":"4"}},{"id":1120943,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":78830,"kind":"person","name":"JACULLO PETER J III","position":1,"cik":"0001555194","reported_name":"JACULLO PETER J III","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Stock","published_at":"2025-06-05T16:17:54.000Z","date":"2025-06-03","kind":"grant","planned":false,"acquired":true,"shares":16875,"price":5.926,"value":100001.25,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"Represents shares of restricted stock granted pursuant to the Company's 2021 Omnibus Equity Compensation Plan, which are subject to a risk of forfeiture until the earlier of (a) the date of the Company's next annual meeting of stockholders and (b) June 3, 2026."}],"balance_after":547038,"source":{"system":"sec-edgar","filing":"0001104659-25-056847","document":"tm2517158d3_4seq1.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1552800/000110465925056847/tm2517158d3_4seq1.xml","form_type":"4"}},{"id":1120942,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":78829,"kind":"person","name":"Glasser Deborah K","position":1,"cik":"0001812126","reported_name":"Glasser Deborah K","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Stock","published_at":"2025-06-05T16:17:07.000Z","date":"2025-06-03","kind":"grant","planned":false,"acquired":true,"shares":19407,"price":5.926,"value":115005.882,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"Represents shares of restricted stock granted pursuant to the Company's 2021 Omnibus Equity Compensation Plan, which are subject to a risk of forfeiture until the earlier of (a) the date of the Company's next annual meeting of stockholders and (b) June 3, 2026."}],"balance_after":183229,"source":{"system":"sec-edgar","filing":"0001104659-25-056842","document":"tm2517158-2_4seq1.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1552800/000110465925056842/tm2517158-2_4seq1.xml","form_type":"4"}},{"id":1125613,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Cash-Settled Total Return Swap","published_at":"2025-06-03T17:17:15.000Z","date":"2025-06-02","kind":"purchase","planned":false,"acquired":true,"shares":30000,"price":6.2617,"value":187851.0,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"security","element":"securityTitle","label":"F4","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 10,000 notional shares of common stock for a price of $6.393 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the subject of the swap agreements (the \"Subject Shares\"). Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F6","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 30,000 notional shares of common stock for a price of $6.2617 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the Subject Shares. Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F6","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 30,000 notional shares of common stock for a price of $6.2617 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the Subject Shares. Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F5","text":"The expiration date of the swap agreements will be automatically extended for successive 12 month periods unless one party provides written notice to the other party, at least 30 calendar days prior to the first extension and at least 15 days prior to any subsequent extension, not to so extend the expiration date."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Securities reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Securities held for the account of the PL Fund."}],"balance_after":732690,"derivative":{"expiration_date":"2028-04-07","underlying":"Common Stock","underlying_shares":30000},"source":{"system":"sec-edgar","filing":"0000929638-25-002131","document":"form4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":6,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825002131/form4.xml","form_type":"4"}},{"id":1125612,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Cash-Settled Total Return Swap","published_at":"2025-06-03T17:17:15.000Z","date":"2025-05-30","kind":"purchase","planned":false,"acquired":true,"shares":10000,"price":6.393,"value":63930.0,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"security","element":"securityTitle","label":"F4","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 10,000 notional shares of common stock for a price of $6.393 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the subject of the swap agreements (the \"Subject Shares\"). Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F4","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 10,000 notional shares of common stock for a price of $6.393 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the subject of the swap agreements (the \"Subject Shares\"). Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F4","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 10,000 notional shares of common stock for a price of $6.393 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the subject of the swap agreements (the \"Subject Shares\"). Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F5","text":"The expiration date of the swap agreements will be automatically extended for successive 12 month periods unless one party provides written notice to the other party, at least 30 calendar days prior to the first extension and at least 15 days prior to any subsequent extension, not to so extend the expiration date."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Securities reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Securities held for the account of the PL Fund."}],"balance_after":702690,"derivative":{"expiration_date":"2028-04-07","underlying":"Common Stock","underlying_shares":10000},"source":{"system":"sec-edgar","filing":"0000929638-25-002131","document":"form4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":5,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825002131/form4.xml","form_type":"4"}},{"id":1125611,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Common Stock","published_at":"2025-06-03T17:17:15.000Z","date":"2025-06-03","kind":"purchase","planned":false,"acquired":true,"shares":2500,"price":6.3457,"value":15864.25,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Securities reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Securities held for the account of the PL Fund."}],"balance_after":11855745,"source":{"system":"sec-edgar","filing":"0000929638-25-002131","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825002131/form4.xml","form_type":"4"}},{"id":1125610,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Common Stock","published_at":"2025-06-03T17:17:15.000Z","date":"2025-06-02","kind":"purchase","planned":false,"acquired":true,"shares":18001,"price":6.2177,"value":111924.8177,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Securities reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Securities held for the account of the PL Fund."}],"balance_after":11853245,"source":{"system":"sec-edgar","filing":"0000929638-25-002131","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825002131/form4.xml","form_type":"4"}},{"id":1125609,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Common Stock","published_at":"2025-06-03T17:17:15.000Z","date":"2025-05-30","kind":"purchase","planned":false,"acquired":true,"shares":3515,"price":6.3897,"value":22459.7955,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Securities reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Securities held for the account of the PL Fund."}],"balance_after":11835244,"source":{"system":"sec-edgar","filing":"0000929638-25-002131","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825002131/form4.xml","form_type":"4"}},{"id":1132251,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Cash-Settled Total Return Swap","published_at":"2025-05-28T17:19:58.000Z","date":"2025-05-28","kind":"purchase","planned":false,"acquired":true,"shares":15000,"price":6.091,"value":91365.0,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"security","element":"securityTitle","label":"F4","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 20,000 notional shares of common stock for a price of $5.8605 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the subject of the swap agreements (the \"Subject Shares\"). Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F6","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 15,000 notional shares of common stock for a price of $6.091 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the Subject Shares. Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F6","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 15,000 notional shares of common stock for a price of $6.091 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the Subject Shares. Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F5","text":"The expiration date of the swap agreements will be automatically extended for successive 12 month periods unless one party provides written notice to the other party, at least 30 calendar days prior to the first extension and at least 15 days prior to any subsequent extension, not to so extend the expiration date."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Securities reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Securities held for the account of the PL Fund."}],"balance_after":692690,"derivative":{"expiration_date":"2028-04-07","underlying":"Common Stock","underlying_shares":15000},"source":{"system":"sec-edgar","filing":"0000929638-25-002093","document":"form4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":4,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825002093/form4.xml","form_type":"4"}},{"id":1132250,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Cash-Settled Total Return Swap","published_at":"2025-05-28T17:19:58.000Z","date":"2025-05-23","kind":"purchase","planned":false,"acquired":true,"shares":20000,"price":5.8605,"value":117210.0,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"security","element":"securityTitle","label":"F4","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 20,000 notional shares of common stock for a price of $5.8605 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the subject of the swap agreements (the \"Subject Shares\"). Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F4","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 20,000 notional shares of common stock for a price of $5.8605 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the subject of the swap agreements (the \"Subject Shares\"). Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F4","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 20,000 notional shares of common stock for a price of $5.8605 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the subject of the swap agreements (the \"Subject Shares\"). Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F5","text":"The expiration date of the swap agreements will be automatically extended for successive 12 month periods unless one party provides written notice to the other party, at least 30 calendar days prior to the first extension and at least 15 days prior to any subsequent extension, not to so extend the expiration date."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Securities reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Securities held for the account of the PL Fund."}],"balance_after":677690,"derivative":{"expiration_date":"2028-04-07","underlying":"Common Stock","underlying_shares":20000},"source":{"system":"sec-edgar","filing":"0000929638-25-002093","document":"form4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825002093/form4.xml","form_type":"4"}},{"id":1132249,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Common Stock","published_at":"2025-05-28T17:19:58.000Z","date":"2025-05-23","kind":"purchase","planned":false,"acquired":true,"shares":11254,"price":5.8407,"value":65731.2378,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Securities reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Securities held for the account of the PL Fund."}],"balance_after":11831729,"source":{"system":"sec-edgar","filing":"0000929638-25-002093","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825002093/form4.xml","form_type":"4"}},{"id":1137619,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Cash-Settled Total Return Swap","published_at":"2025-05-22T16:52:54.000Z","date":"2025-05-22","kind":"purchase","planned":false,"acquired":true,"shares":25000,"price":5.9787,"value":149467.5,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"security","element":"securityTitle","label":"F4","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 10,000 notional shares of common stock for a price of $5.9773 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the subject of the swap agreements (the \"Subject Shares\"). Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F6","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 25,000 notional shares of common stock for a price of $5.9787 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the Subject Shares. Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F6","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 25,000 notional shares of common stock for a price of $5.9787 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the Subject Shares. Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F5","text":"The expiration date of the swap agreements will be automatically extended for successive 12 month periods unless one party provides written notice to the other party, at least 30 calendar days prior to the first extension and at least 15 days prior to any subsequent extension, not to so extend the expiration date."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Securities reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Securities held for the account of the PL Fund."}],"balance_after":657690,"derivative":{"expiration_date":"2028-04-07","underlying":"Common Stock","underlying_shares":25000},"source":{"system":"sec-edgar","filing":"0000929638-25-001990","document":"form4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":4,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825001990/form4.xml","form_type":"4"}},{"id":1137618,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Cash-Settled Total Return Swap","published_at":"2025-05-22T16:52:54.000Z","date":"2025-05-20","kind":"purchase","planned":false,"acquired":true,"shares":10000,"price":5.9773,"value":59773.0,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"security","element":"securityTitle","label":"F4","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 10,000 notional shares of common stock for a price of $5.9773 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the subject of the swap agreements (the \"Subject Shares\"). Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F4","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 10,000 notional shares of common stock for a price of $5.9773 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the subject of the swap agreements (the \"Subject Shares\"). Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F4","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 10,000 notional shares of common stock for a price of $5.9773 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the subject of the swap agreements (the \"Subject Shares\"). Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F5","text":"The expiration date of the swap agreements will be automatically extended for successive 12 month periods unless one party provides written notice to the other party, at least 30 calendar days prior to the first extension and at least 15 days prior to any subsequent extension, not to so extend the expiration date."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Securities reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Securities held for the account of the PL Fund."}],"balance_after":632690,"derivative":{"expiration_date":"2028-04-07","underlying":"Common Stock","underlying_shares":10000},"source":{"system":"sec-edgar","filing":"0000929638-25-001990","document":"form4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825001990/form4.xml","form_type":"4"}},{"id":1143293,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Cash-Settled Total Return Swap","published_at":"2025-05-19T16:33:29.000Z","date":"2025-05-16","kind":"purchase","planned":false,"acquired":true,"shares":15000,"price":6.1435,"value":92152.5,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"security","element":"securityTitle","label":"F4","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 10,000 notional shares of common stock for a price of $6.1196 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the subject of the swap agreements (the \"Subject Shares\"). Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F6","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 15,000 notional shares of common stock for a price of $6.1435 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the Subject Shares. Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F6","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 15,000 notional shares of common stock for a price of $6.1435 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the Subject Shares. Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F5","text":"The expiration date of the swap agreements will be automatically extended for successive 12 month periods unless one party provides written notice to the other party, at least 30 calendar days prior to the first extension and at least 15 days prior to any subsequent extension, not to so extend the expiration date."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Securities reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Securities held for the account of the PL Fund."}],"balance_after":622690,"derivative":{"expiration_date":"2028-04-07","underlying":"Common Stock","underlying_shares":15000},"source":{"system":"sec-edgar","filing":"0000929638-25-001947","document":"form4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":4,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825001947/form4.xml","form_type":"4"}},{"id":1143292,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Cash-Settled Total Return Swap","published_at":"2025-05-19T16:33:29.000Z","date":"2025-05-15","kind":"purchase","planned":false,"acquired":true,"shares":10000,"price":6.1196,"value":61196.0,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"security","element":"securityTitle","label":"F4","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 10,000 notional shares of common stock for a price of $6.1196 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the subject of the swap agreements (the \"Subject Shares\"). Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F4","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 10,000 notional shares of common stock for a price of $6.1196 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the subject of the swap agreements (the \"Subject Shares\"). Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F4","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 10,000 notional shares of common stock for a price of $6.1196 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the subject of the swap agreements (the \"Subject Shares\"). Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F5","text":"The expiration date of the swap agreements will be automatically extended for successive 12 month periods unless one party provides written notice to the other party, at least 30 calendar days prior to the first extension and at least 15 days prior to any subsequent extension, not to so extend the expiration date."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Securities reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Securities held for the account of the PL Fund."}],"balance_after":607690,"derivative":{"expiration_date":"2028-04-07","underlying":"Common Stock","underlying_shares":10000},"source":{"system":"sec-edgar","filing":"0000929638-25-001947","document":"form4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825001947/form4.xml","form_type":"4"}},{"id":1143291,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Common Stock","published_at":"2025-05-19T16:33:29.000Z","date":"2025-05-19","kind":"purchase","planned":false,"acquired":true,"shares":5547,"price":5.9642,"value":33083.4174,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Securities reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Securities held for the account of the PL Fund."}],"balance_after":11820475,"source":{"system":"sec-edgar","filing":"0000929638-25-001947","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825001947/form4.xml","form_type":"4"}},{"id":1148861,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":61979,"kind":"person","name":"Davis Mark Burton","position":1,"cik":"0001787766","reported_name":"Davis Mark Burton","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"Senior VP, CFO and Secretary"}}],"security":"Common Stock","published_at":"2025-05-14T16:15:20.000Z","date":"2025-05-13","kind":"tax_withholding","planned":false,"acquired":false,"shares":296,"price":6.26,"value":1852.96,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F2","text":"The reporting person has elected to satisfy his tax withholding obligation in connection with the vesting of a prior restricted stock grant by directing the Issuer to withhold shares otherwise issuable upon vesting of the previously reported grant."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F3","text":"Includes (i) 3,086 shares of restricted stock for which the risks of forfeiture will lapse on 3/6/26; (ii) 5,041 shares of restricted stock for which the risks of forfeiture will lapse in equal annual installments on each of 3/4/26 and 3/4/27; (iii) 1,642 shares of restricted stock for which the risks of forfeiture will lapse in equal annual installments on each of 5/13/26 and 5/13/27; (iv) 9,028 shares of restricted stock for which the risks of forfeiture will lapse in equal annual installments on each of 3/3/26, 3/3/27 and 3/3/28; and (v) the following shares of performance-based restricted stock, which are, in each case, subject to Mr. Davis remaining in continuous employment with the Issuer through December 31 of the year preceding the applicable vesting date and the Issuer achieving its performance target for each respective year:"},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F4","text":"(cont.) (A) 7,407 shares for which the risks of forfeiture will lapse on the date the Issuer files its annual report for the 2025 fiscal year; (B) 10,587 shares for which the risks of forfeiture will lapse as to 30% and 40% of the initial number of shares granted on each of the dates the Issuer files its annual report for the 2025 and 2026 fiscal years, respectively; (C) 3,450 shares for which the risks of forfeiture will lapse as to 30% and 40% of the initial number of shares granted on each of the dates the Issuer files its annual report for the 2025 and 2026 fiscal years, respectively; and (D) 18,055 shares for which the risks of forfeiture will lapse as to 30%, 30% and 40% on each of the dates the Issuer files its annual report for the 2025, 2026 and 2027 fiscal years, respectively. The Issuer's proxy statement contains additional information regarding the applicable performance targets."}],"balance_after":127815,"source":{"system":"sec-edgar","filing":"0001104659-25-048526","document":"tm2515102-1_4seq1.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1552800/000110465925048526/tm2515102-1_4seq1.xml","form_type":"4"}},{"id":1148860,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":61979,"kind":"person","name":"Davis Mark Burton","position":1,"cik":"0001787766","reported_name":"Davis Mark Burton","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"Senior VP, CFO and Secretary"}}],"security":"Common Stock","published_at":"2025-05-14T16:15:20.000Z","date":"2025-05-13","kind":"disposition_to_issuer","planned":false,"acquired":false,"shares":1478,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"Represents forfeiture of unvested performance-based restricted stock granted in 2024 as a result of the applicable performance targets not being achieved."}],"balance_after":128111,"source":{"system":"sec-edgar","filing":"0001104659-25-048526","document":"tm2515102-1_4seq1.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1552800/000110465925048526/tm2515102-1_4seq1.xml","form_type":"4"}},{"id":1151111,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Cash-Settled Total Return Swap","published_at":"2025-05-13T19:53:51.000Z","date":"2025-05-13","kind":"purchase","planned":false,"acquired":true,"shares":25000,"price":6.2981,"value":157452.5,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"security","element":"securityTitle","label":"F6","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 15,000 notional shares of common stock for a price of $6.494 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the Subject Shares. Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F7","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 25,000 notional shares of common stock for a price of $6.2981 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the Subject Shares. Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F7","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 25,000 notional shares of common stock for a price of $6.2981 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the Subject Shares. Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F5","text":"The expiration date of the swap agreements will be automatically extended for successive 12 month periods unless one party provides written notice to the other party, at least 30 calendar days prior to the first extension and at least 15 days prior to any subsequent extension, not to so extend the expiration date."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Securities reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Securities held for the account of the PL Fund."}],"balance_after":597690,"derivative":{"expiration_date":"2028-04-07","underlying":"Common Stock","underlying_shares":25000},"source":{"system":"sec-edgar","filing":"0000929638-25-001854","document":"form4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":7,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825001854/form4.xml","form_type":"4"}},{"id":1151110,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Cash-Settled Total Return Swap","published_at":"2025-05-13T19:53:51.000Z","date":"2025-05-12","kind":"purchase","planned":false,"acquired":true,"shares":15000,"price":6.494,"value":97410.0,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"security","element":"securityTitle","label":"F4","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 29,349 notional shares of common stock for a price of $6.2563 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the subject of the swap agreements (the \"Subject Shares\"). Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F6","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 15,000 notional shares of common stock for a price of $6.494 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the Subject Shares. Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F6","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 15,000 notional shares of common stock for a price of $6.494 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the Subject Shares. Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F5","text":"The expiration date of the swap agreements will be automatically extended for successive 12 month periods unless one party provides written notice to the other party, at least 30 calendar days prior to the first extension and at least 15 days prior to any subsequent extension, not to so extend the expiration date."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Securities reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Securities held for the account of the PL Fund."}],"balance_after":572690,"derivative":{"expiration_date":"2028-04-07","underlying":"Common Stock","underlying_shares":15000},"source":{"system":"sec-edgar","filing":"0000929638-25-001854","document":"form4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":6,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825001854/form4.xml","form_type":"4"}},{"id":1151109,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Cash-Settled Total Return Swap","published_at":"2025-05-13T19:53:51.000Z","date":"2025-05-09","kind":"purchase","planned":false,"acquired":true,"shares":29349,"price":6.2563,"value":183616.1487,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"security","element":"securityTitle","label":"F4","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 29,349 notional shares of common stock for a price of $6.2563 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the subject of the swap agreements (the \"Subject Shares\"). Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F4","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 29,349 notional shares of common stock for a price of $6.2563 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the subject of the swap agreements (the \"Subject Shares\"). Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F4","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 29,349 notional shares of common stock for a price of $6.2563 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the subject of the swap agreements (the \"Subject Shares\"). Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F5","text":"The expiration date of the swap agreements will be automatically extended for successive 12 month periods unless one party provides written notice to the other party, at least 30 calendar days prior to the first extension and at least 15 days prior to any subsequent extension, not to so extend the expiration date."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Securities reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Securities held for the account of the PL Fund."}],"balance_after":557690,"derivative":{"expiration_date":"2028-04-07","underlying":"Common Stock","underlying_shares":29349},"source":{"system":"sec-edgar","filing":"0000929638-25-001854","document":"form4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":5,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825001854/form4.xml","form_type":"4"}},{"id":1151108,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Common Stock","published_at":"2025-05-13T19:53:51.000Z","date":"2025-05-08","kind":"purchase","planned":false,"acquired":true,"shares":10000,"price":5.0999,"value":50999.0,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Securities reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Securities held for the account of the PL Fund."}],"balance_after":11814928,"source":{"system":"sec-edgar","filing":"0000929638-25-001854","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825001854/form4.xml","form_type":"4"}},{"id":1151107,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Common Stock","published_at":"2025-05-13T19:53:51.000Z","date":"2025-05-06","kind":"purchase","planned":false,"acquired":true,"shares":7400,"price":5.329,"value":39434.6,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Securities reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Securities held for the account of the PL Fund."}],"balance_after":11804928,"source":{"system":"sec-edgar","filing":"0000929638-25-001854","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825001854/form4.xml","form_type":"4"}},{"id":1151106,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Common Stock","published_at":"2025-05-13T19:53:51.000Z","date":"2025-05-06","kind":"purchase","planned":false,"acquired":true,"shares":10778,"price":5.1865,"value":55900.097,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Securities reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Securities held for the account of the PL Fund."}],"balance_after":11797528,"source":{"system":"sec-edgar","filing":"0000929638-25-001854","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825001854/form4.xml","form_type":"4"}},{"id":1155254,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Cash-Settled Total Return Swap","published_at":"2025-05-08T17:34:15.000Z","date":"2025-05-08","kind":"purchase","planned":false,"acquired":true,"shares":38411,"price":5.8439,"value":224470.0429,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"security","element":"securityTitle","label":"F7","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 38,411 notional shares of common stock for a price of $5.8439 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the Subject Shares. Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F7","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 38,411 notional shares of common stock for a price of $5.8439 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the Subject Shares. Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F7","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 38,411 notional shares of common stock for a price of $5.8439 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the Subject Shares. Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F5","text":"The expiration date of the swap agreements will be automatically extended for successive 12 month periods unless one party provides written notice to the other party, at least 30 calendar days prior to the first extension and at least 15 days prior to any subsequent extension, not to so extend the expiration date."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Securities reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Securities held for the account of the PL Fund."}],"balance_after":528341,"derivative":{"expiration_date":"2028-04-07","underlying":"Common Stock","underlying_shares":38411},"source":{"system":"sec-edgar","filing":"0000929638-25-001811","document":"form4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":5,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825001811/form4.xml","form_type":"4"}},{"id":1155253,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Cash-Settled Total Return Swap","published_at":"2025-05-08T17:34:15.000Z","date":"2025-05-07","kind":"purchase","planned":false,"acquired":true,"shares":10000,"price":5.4,"value":54000.0,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"security","element":"securityTitle","label":"F6","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 10,000 notional shares of common stock for a price of $5.40 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the Subject Shares. Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F6","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 10,000 notional shares of common stock for a price of $5.40 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the Subject Shares. Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F6","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 10,000 notional shares of common stock for a price of $5.40 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the Subject Shares. Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F5","text":"The expiration date of the swap agreements will be automatically extended for successive 12 month periods unless one party provides written notice to the other party, at least 30 calendar days prior to the first extension and at least 15 days prior to any subsequent extension, not to so extend the expiration date."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Securities reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Securities held for the account of the PL Fund."}],"balance_after":489930,"derivative":{"expiration_date":"2028-04-07","underlying":"Common Stock","underlying_shares":10000},"source":{"system":"sec-edgar","filing":"0000929638-25-001811","document":"form4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":4,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825001811/form4.xml","form_type":"4"}},{"id":1155252,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Cash-Settled Total Return Swap","published_at":"2025-05-08T17:34:15.000Z","date":"2025-05-06","kind":"purchase","planned":false,"acquired":true,"shares":50000,"price":5.2733,"value":263665.0,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"security","element":"securityTitle","label":"F4","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 50,000 notional shares of common stock for a price of $5.2733 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the subject of the swap agreements (the \"Subject Shares\"). Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F4","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 50,000 notional shares of common stock for a price of $5.2733 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the subject of the swap agreements (the \"Subject Shares\"). Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F4","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 50,000 notional shares of common stock for a price of $5.2733 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the subject of the swap agreements (the \"Subject Shares\"). Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F5","text":"The expiration date of the swap agreements will be automatically extended for successive 12 month periods unless one party provides written notice to the other party, at least 30 calendar days prior to the first extension and at least 15 days prior to any subsequent extension, not to so extend the expiration date."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Securities reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Securities held for the account of the PL Fund."}],"balance_after":479930,"derivative":{"expiration_date":"2028-04-07","underlying":"Common Stock","underlying_shares":50000},"source":{"system":"sec-edgar","filing":"0000929638-25-001811","document":"form4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825001811/form4.xml","form_type":"4"}},{"id":1159630,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Cash-Settled Total Return Swap","published_at":"2025-05-05T17:19:38.000Z","date":"2025-05-05","kind":"purchase","planned":false,"acquired":true,"shares":15000,"price":5.6644,"value":84966.0,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"security","element":"securityTitle","label":"F6","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 15,000 notional shares of common stock for a price of $5.6644 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the Subject Shares. Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F6","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 15,000 notional shares of common stock for a price of $5.6644 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the Subject Shares. Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F6","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 15,000 notional shares of common stock for a price of $5.6644 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the Subject Shares. Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F5","text":"The expiration date of the swap agreements will be automatically extended for successive 12 month periods unless one party provides written notice to the other party, at least 30 calendar days prior to the first extension and at least 15 days prior to any subsequent extension, not to so extend the expiration date."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Securities reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Securities held for the account of the PL Fund."}],"balance_after":429930,"derivative":{"expiration_date":"2028-04-07","underlying":"Common Stock","underlying_shares":15000},"source":{"system":"sec-edgar","filing":"0000929638-25-001789","document":"form4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":4,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825001789/form4.xml","form_type":"4"}},{"id":1159629,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Cash-Settled Total Return Swap","published_at":"2025-05-05T17:19:38.000Z","date":"2025-05-01","kind":"purchase","planned":false,"acquired":true,"shares":20000,"price":5.6473,"value":112946.0,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"security","element":"securityTitle","label":"F4","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 20,000 notional shares of common stock for a price of $5.6473 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the subject of the swap agreements (the \"Subject Shares\"). Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F4","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 20,000 notional shares of common stock for a price of $5.6473 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the subject of the swap agreements (the \"Subject Shares\"). Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F4","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 20,000 notional shares of common stock for a price of $5.6473 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the subject of the swap agreements (the \"Subject Shares\"). Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F5","text":"The expiration date of the swap agreements will be automatically extended for successive 12 month periods unless one party provides written notice to the other party, at least 30 calendar days prior to the first extension and at least 15 days prior to any subsequent extension, not to so extend the expiration date."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Securities reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Securities held for the account of the PL Fund."}],"balance_after":414930,"derivative":{"expiration_date":"2028-04-07","underlying":"Common Stock","underlying_shares":20000},"source":{"system":"sec-edgar","filing":"0000929638-25-001789","document":"form4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825001789/form4.xml","form_type":"4"}},{"id":1164014,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Cash-Settled Total Return Swap","published_at":"2025-04-29T16:51:45.000Z","date":"2025-04-28","kind":"purchase","planned":false,"acquired":true,"shares":20000,"price":5.731,"value":114620.0,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"security","element":"securityTitle","label":"F6","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 20,000 notional shares of common stock for a price of $5.731 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the Subject Shares. Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F6","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 20,000 notional shares of common stock for a price of $5.731 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the Subject Shares. Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F6","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 20,000 notional shares of common stock for a price of $5.731 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the Subject Shares. Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F5","text":"The expiration date of the swap agreements will be automatically extended for successive 12 month periods unless one party provides written notice to the other party, at least 30 calendar days prior to the first extension and at least 15 days prior to any subsequent extension, not to so extend the expiration date."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Securities reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Securities held for the account of the PL Fund."}],"balance_after":394930,"derivative":{"expiration_date":"2028-04-07","underlying":"Common Stock","underlying_shares":20000},"source":{"system":"sec-edgar","filing":"0000929638-25-001729","document":"form4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":5,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825001729/form4.xml","form_type":"4"}},{"id":1164013,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Cash-Settled Total Return Swap","published_at":"2025-04-29T16:51:45.000Z","date":"2025-04-25","kind":"purchase","planned":false,"acquired":true,"shares":27430,"price":5.7178,"value":156839.254,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"security","element":"securityTitle","label":"F4","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 27,430 notional shares of common stock for a price of $5.7178 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the subject of the swap agreements (the \"Subject Shares\"). Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F4","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 27,430 notional shares of common stock for a price of $5.7178 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the subject of the swap agreements (the \"Subject Shares\"). Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F4","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 27,430 notional shares of common stock for a price of $5.7178 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the subject of the swap agreements (the \"Subject Shares\"). Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F5","text":"The expiration date of the swap agreements will be automatically extended for successive 12 month periods unless one party provides written notice to the other party, at least 30 calendar days prior to the first extension and at least 15 days prior to any subsequent extension, not to so extend the expiration date."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Securities reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Securities held for the account of the PL Fund."}],"balance_after":374930,"derivative":{"expiration_date":"2028-04-07","underlying":"Common Stock","underlying_shares":27430},"source":{"system":"sec-edgar","filing":"0000929638-25-001729","document":"form4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":4,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825001729/form4.xml","form_type":"4"}},{"id":1164012,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Common Stock","published_at":"2025-04-29T16:51:45.000Z","date":"2025-04-25","kind":"purchase","planned":false,"acquired":true,"shares":3924,"price":5.7485,"value":22557.114,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Securities reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Securities held for the account of the PL Fund."}],"balance_after":11786750,"source":{"system":"sec-edgar","filing":"0000929638-25-001729","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825001729/form4.xml","form_type":"4"}},{"id":1164011,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Common Stock","published_at":"2025-04-29T16:51:45.000Z","date":"2025-04-25","kind":"purchase","planned":false,"acquired":true,"shares":1000,"price":5.785,"value":5785.0,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Securities reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Securities held for the account of the PL Fund."}],"balance_after":11782826,"source":{"system":"sec-edgar","filing":"0000929638-25-001729","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825001729/form4.xml","form_type":"4"}},{"id":1166529,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Cash-Settled Total Return Swap","published_at":"2025-04-24T17:24:31.000Z","date":"2025-04-24","kind":"purchase","planned":false,"acquired":true,"shares":20000,"price":5.7724,"value":115448.0,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"security","element":"securityTitle","label":"F7","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 20,000 notional shares of common stock for a price of $5.7724 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the Subject Shares. Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F7","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 20,000 notional shares of common stock for a price of $5.7724 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the Subject Shares. Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F7","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 20,000 notional shares of common stock for a price of $5.7724 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the Subject Shares. Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F5","text":"The expiration date of the swap agreements will be automatically extended for successive 12 month periods unless one party provides written notice to the other party, at least 30 calendar days prior to the first extension and at least 15 days prior to any subsequent extension, not to so extend the expiration date."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Securities reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Securities held for the account of the PL Fund."}],"balance_after":347500,"derivative":{"expiration_date":"2028-04-07","underlying":"Common Stock","underlying_shares":20000},"source":{"system":"sec-edgar","filing":"0000929638-25-001620","document":"form4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":5,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825001620/form4.xml","form_type":"4"}},{"id":1166528,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Cash-Settled Total Return Swap","published_at":"2025-04-24T17:24:31.000Z","date":"2025-04-23","kind":"purchase","planned":false,"acquired":true,"shares":10000,"price":5.7365,"value":57365.0,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"security","element":"securityTitle","label":"F6","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 10,000 notional shares of common stock for a price of $5.7365 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the Subject Shares. Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F6","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 10,000 notional shares of common stock for a price of $5.7365 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the Subject Shares. Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F6","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 10,000 notional shares of common stock for a price of $5.7365 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the Subject Shares. Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F5","text":"The expiration date of the swap agreements will be automatically extended for successive 12 month periods unless one party provides written notice to the other party, at least 30 calendar days prior to the first extension and at least 15 days prior to any subsequent extension, not to so extend the expiration date."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Securities reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Securities held for the account of the PL Fund."}],"balance_after":327500,"derivative":{"expiration_date":"2028-04-07","underlying":"Common Stock","underlying_shares":10000},"source":{"system":"sec-edgar","filing":"0000929638-25-001620","document":"form4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":4,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825001620/form4.xml","form_type":"4"}},{"id":1166527,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Cash-Settled Total Return Swap","published_at":"2025-04-24T17:24:31.000Z","date":"2025-04-22","kind":"purchase","planned":false,"acquired":true,"shares":10000,"price":5.5983,"value":55983.0,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"security","element":"securityTitle","label":"F4","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 10,000 notional shares of common stock for a price of $5.5983 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the subject of the swap agreements (the \"Subject Shares\"). Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F4","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 10,000 notional shares of common stock for a price of $5.5983 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the subject of the swap agreements (the \"Subject Shares\"). Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F4","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 10,000 notional shares of common stock for a price of $5.5983 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the subject of the swap agreements (the \"Subject Shares\"). Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F5","text":"The expiration date of the swap agreements will be automatically extended for successive 12 month periods unless one party provides written notice to the other party, at least 30 calendar days prior to the first extension and at least 15 days prior to any subsequent extension, not to so extend the expiration date."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Securities reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Securities held for the account of the PL Fund."}],"balance_after":317500,"derivative":{"expiration_date":"2028-04-07","underlying":"Common Stock","underlying_shares":10000},"source":{"system":"sec-edgar","filing":"0000929638-25-001620","document":"form4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825001620/form4.xml","form_type":"4"}},{"id":1170034,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Cash-Settled Total Return Swap","published_at":"2025-04-17T18:00:53.000Z","date":"2025-04-09","kind":"purchase","planned":false,"acquired":true,"shares":55000,"price":6.2128,"value":341704.0,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"security","element":"securityTitle","label":"F7","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 55,000 notional shares of common stock for a price of $6.2128 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the Subject Shares. Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F7","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 55,000 notional shares of common stock for a price of $6.2128 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the Subject Shares. Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F7","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 55,000 notional shares of common stock for a price of $6.2128 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the Subject Shares. Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F5","text":"The expiration date of the swap agreements will be automatically extended for successive 12 month periods unless one party provides written notice to the other party, at least 30 calendar days prior to the first extension and at least 15 days prior to any subsequent extension, not to so extend the expiration date."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Securities reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Securities held for the account of the PL Fund."}],"balance_after":112500,"derivative":{"expiration_date":"2028-04-07","underlying":"Common Stock","underlying_shares":55000},"source":{"system":"sec-edgar","filing":"0000929638-25-001571","document":"form4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":7,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825001571/form4.xml","form_type":"4/A","original_submission_date":"2025-04-09"}},{"id":1170033,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Cash-Settled Total Return Swap","published_at":"2025-04-17T18:00:53.000Z","date":"2025-04-08","kind":"purchase","planned":false,"acquired":true,"shares":40000,"price":5.9728,"value":238912.0,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"security","element":"securityTitle","label":"F6","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 40,000 notional shares of common stock for a price of $5.9728 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the Subject Shares. Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F6","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 40,000 notional shares of common stock for a price of $5.9728 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the Subject Shares. Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F6","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 40,000 notional shares of common stock for a price of $5.9728 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the Subject Shares. Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F5","text":"The expiration date of the swap agreements will be automatically extended for successive 12 month periods unless one party provides written notice to the other party, at least 30 calendar days prior to the first extension and at least 15 days prior to any subsequent extension, not to so extend the expiration date."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Securities reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Securities held for the account of the PL Fund."}],"balance_after":57500,"derivative":{"expiration_date":"2028-04-07","underlying":"Common Stock","underlying_shares":40000},"source":{"system":"sec-edgar","filing":"0000929638-25-001571","document":"form4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":6,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825001571/form4.xml","form_type":"4/A","original_submission_date":"2025-04-09"}},{"id":1170032,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Cash-Settled Total Return Swap","published_at":"2025-04-17T18:00:53.000Z","date":"2025-04-07","kind":"purchase","planned":false,"acquired":true,"shares":17500,"price":5.8996,"value":103243.0,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"security","element":"securityTitle","label":"F4","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 17,500 notional shares of common stock for a price of $5.8896 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the subject of the swap agreements (the \"Subject Shares\"). Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F4","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 17,500 notional shares of common stock for a price of $5.8896 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the subject of the swap agreements (the \"Subject Shares\"). Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F4","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 17,500 notional shares of common stock for a price of $5.8896 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the subject of the swap agreements (the \"Subject Shares\"). Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F5","text":"The expiration date of the swap agreements will be automatically extended for successive 12 month periods unless one party provides written notice to the other party, at least 30 calendar days prior to the first extension and at least 15 days prior to any subsequent extension, not to so extend the expiration date."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Securities reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Securities held for the account of the PL Fund."}],"balance_after":17500,"derivative":{"expiration_date":"2028-04-07","underlying":"Common Stock","underlying_shares":17500},"source":{"system":"sec-edgar","filing":"0000929638-25-001571","document":"form4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":5,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825001571/form4.xml","form_type":"4/A","original_submission_date":"2025-04-09"}},{"id":1170031,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Common Stock","published_at":"2025-04-17T18:00:53.000Z","date":"2025-04-09","kind":"purchase","planned":false,"acquired":true,"shares":20000,"price":5.94,"value":118800.0,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Securities reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Securities held for the account of the PL Fund."}],"balance_after":11766826,"source":{"system":"sec-edgar","filing":"0000929638-25-001571","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825001571/form4.xml","form_type":"4/A","original_submission_date":"2025-04-09"}},{"id":1170030,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Common Stock","published_at":"2025-04-17T18:00:53.000Z","date":"2025-04-07","kind":"purchase","planned":false,"acquired":true,"shares":6000,"price":5.9219,"value":35531.4,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"security","element":"securityTitle","label":"F8","text":"These securities transactions were inadvertently omitted in the previously filed Form 4."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Securities reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Securities held for the account of the PL Fund."}],"balance_after":11746826,"source":{"system":"sec-edgar","filing":"0000929638-25-001571","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825001571/form4.xml","form_type":"4/A","original_submission_date":"2025-04-09"}},{"id":1170029,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Common Stock","published_at":"2025-04-17T18:00:53.000Z","date":"2025-04-07","kind":"purchase","planned":false,"acquired":true,"shares":1000,"price":5.9,"value":5900.0,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"security","element":"securityTitle","label":"F8","text":"These securities transactions were inadvertently omitted in the previously filed Form 4."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Securities reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Securities held for the account of the PL Fund."}],"balance_after":11740826,"source":{"system":"sec-edgar","filing":"0000929638-25-001571","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825001571/form4.xml","form_type":"4/A","original_submission_date":"2025-04-09"}},{"id":1170028,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Cash-Settled Total Return Swap","published_at":"2025-04-17T17:50:47.000Z","date":"2025-04-17","kind":"purchase","planned":false,"acquired":true,"shares":35000,"price":5.4057,"value":189199.5,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"security","element":"securityTitle","label":"F7","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 35,000 notional shares of common stock for a price of $5.4057 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the Subject Shares. Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F7","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 35,000 notional shares of common stock for a price of $5.4057 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the Subject Shares. Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F7","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 35,000 notional shares of common stock for a price of $5.4057 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the Subject Shares. Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F5","text":"The expiration date of the swap agreements will be automatically extended for successive 12 month periods unless one party provides written notice to the other party, at least 30 calendar days prior to the first extension and at least 15 days prior to any subsequent extension, not to so extend the expiration date."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Securities reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Securities held for the account of the PL Fund."}],"balance_after":307500,"derivative":{"expiration_date":"2028-04-07","underlying":"Common Stock","underlying_shares":35000},"source":{"system":"sec-edgar","filing":"0000929638-25-001570","document":"form4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":7,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825001570/form4.xml","form_type":"4"}},{"id":1170027,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Cash-Settled Total Return Swap","published_at":"2025-04-17T17:50:47.000Z","date":"2025-04-16","kind":"purchase","planned":false,"acquired":true,"shares":20000,"price":5.4015,"value":108030.0,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"security","element":"securityTitle","label":"F6","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 20,000 notional shares of common stock for a price of $5.4015 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the Subject Shares. Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F6","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 20,000 notional shares of common stock for a price of $5.4015 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the Subject Shares. Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F6","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 20,000 notional shares of common stock for a price of $5.4015 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the Subject Shares. Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F5","text":"The expiration date of the swap agreements will be automatically extended for successive 12 month periods unless one party provides written notice to the other party, at least 30 calendar days prior to the first extension and at least 15 days prior to any subsequent extension, not to so extend the expiration date."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Securities reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Securities held for the account of the PL Fund."}],"balance_after":272500,"derivative":{"expiration_date":"2028-04-07","underlying":"Common Stock","underlying_shares":20000},"source":{"system":"sec-edgar","filing":"0000929638-25-001570","document":"form4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":6,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825001570/form4.xml","form_type":"4"}},{"id":1170026,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Cash-Settled Total Return Swap","published_at":"2025-04-17T17:50:47.000Z","date":"2025-04-15","kind":"purchase","planned":false,"acquired":true,"shares":20000,"price":5.6546,"value":113092.0,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"security","element":"securityTitle","label":"F4","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 20,000 notional shares of common stock for a price of $5.6546 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the subject of the swap agreements (the \"Subject Shares\"). Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F4","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 20,000 notional shares of common stock for a price of $5.6546 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the subject of the swap agreements (the \"Subject Shares\"). Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F4","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 20,000 notional shares of common stock for a price of $5.6546 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the subject of the swap agreements (the \"Subject Shares\"). Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F5","text":"The expiration date of the swap agreements will be automatically extended for successive 12 month periods unless one party provides written notice to the other party, at least 30 calendar days prior to the first extension and at least 15 days prior to any subsequent extension, not to so extend the expiration date."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Securities reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Securities held for the account of the PL Fund."}],"balance_after":252500,"derivative":{"expiration_date":"2028-04-07","underlying":"Common Stock","underlying_shares":20000},"source":{"system":"sec-edgar","filing":"0000929638-25-001570","document":"form4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":5,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825001570/form4.xml","form_type":"4"}},{"id":1170025,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Common Stock","published_at":"2025-04-17T17:50:47.000Z","date":"2025-04-17","kind":"purchase","planned":false,"acquired":true,"shares":9500,"price":5.3638,"value":50956.1,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Securities reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Securities held for the account of the PL Fund."}],"balance_after":11781826,"source":{"system":"sec-edgar","filing":"0000929638-25-001570","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825001570/form4.xml","form_type":"4"}},{"id":1170024,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Common Stock","published_at":"2025-04-17T17:50:47.000Z","date":"2025-04-17","kind":"purchase","planned":false,"acquired":true,"shares":3000,"price":5.4087,"value":16226.1,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Securities reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Securities held for the account of the PL Fund."}],"balance_after":11772326,"source":{"system":"sec-edgar","filing":"0000929638-25-001570","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825001570/form4.xml","form_type":"4"}},{"id":1170023,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Common Stock","published_at":"2025-04-17T17:50:47.000Z","date":"2025-04-16","kind":"purchase","planned":false,"acquired":true,"shares":2500,"price":5.3892,"value":13473.0,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Securities reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Securities held for the account of the PL Fund."}],"balance_after":11769326,"source":{"system":"sec-edgar","filing":"0000929638-25-001570","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825001570/form4.xml","form_type":"4"}},{"id":1172775,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Cash-Settled Total Return Swap","published_at":"2025-04-14T17:17:19.000Z","date":"2025-04-14","kind":"purchase","planned":false,"acquired":true,"shares":25000,"price":5.703,"value":142575.0,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"security","element":"securityTitle","label":"F6","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 25,000 notional shares of common stock for a price of $5.703 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the Subject Shares. Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F6","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 25,000 notional shares of common stock for a price of $5.703 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the Subject Shares. Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F6","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 25,000 notional shares of common stock for a price of $5.703 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the Subject Shares. Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F4","text":"The expiration date of the swap agreements will be automatically extended for successive 12 month periods unless one party provides written notice to the other party, at least 30 calendar days prior to the first extension and at least 15 days prior to any subsequent extension, not to so extend the expiration date."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Securities reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Securities held for the account of the PL Fund."}],"balance_after":232500,"derivative":{"expiration_date":"2028-04-07","underlying":"Common Stock","underlying_shares":25000},"source":{"system":"sec-edgar","filing":"0000929638-25-001546","document":"form4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825001546/form4.xml","form_type":"4"}},{"id":1172774,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Cash-Settled Total Return Swap","published_at":"2025-04-14T17:17:19.000Z","date":"2025-04-11","kind":"purchase","planned":false,"acquired":true,"shares":55000,"price":5.628,"value":309540.0,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"security","element":"securityTitle","label":"F5","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 55,000 notional shares of common stock for a price of $5.628 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the Subject Shares. Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F5","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 55,000 notional shares of common stock for a price of $5.628 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the Subject Shares. Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F5","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 55,000 notional shares of common stock for a price of $5.628 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the Subject Shares. Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F4","text":"The expiration date of the swap agreements will be automatically extended for successive 12 month periods unless one party provides written notice to the other party, at least 30 calendar days prior to the first extension and at least 15 days prior to any subsequent extension, not to so extend the expiration date."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Securities reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Securities held for the account of the PL Fund."}],"balance_after":207500,"derivative":{"expiration_date":"2028-04-07","underlying":"Common Stock","underlying_shares":55000},"source":{"system":"sec-edgar","filing":"0000929638-25-001546","document":"form4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825001546/form4.xml","form_type":"4"}},{"id":1172773,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Cash-Settled Total Return Swap","published_at":"2025-04-14T17:17:19.000Z","date":"2025-04-10","kind":"purchase","planned":false,"acquired":true,"shares":40000,"price":5.8945,"value":235780.0,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"security","element":"securityTitle","label":"F3","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 40,000 notional shares of common stock for a price of $5.8945 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the subject of the swap agreements (the \"Subject Shares\"). Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F3","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 40,000 notional shares of common stock for a price of $5.8945 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the subject of the swap agreements (the \"Subject Shares\"). Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F3","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 40,000 notional shares of common stock for a price of $5.8945 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the subject of the swap agreements (the \"Subject Shares\"). Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F4","text":"The expiration date of the swap agreements will be automatically extended for successive 12 month periods unless one party provides written notice to the other party, at least 30 calendar days prior to the first extension and at least 15 days prior to any subsequent extension, not to so extend the expiration date."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Securities reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Securities held for the account of the PL Fund."}],"balance_after":152500,"derivative":{"expiration_date":"2028-04-07","underlying":"Common Stock","underlying_shares":40000},"source":{"system":"sec-edgar","filing":"0000929638-25-001546","document":"form4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825001546/form4.xml","form_type":"4"}},{"id":1174862,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Cash-Settled Total Return Swap","published_at":"2025-04-09T18:52:03.000Z","date":"2025-04-09","kind":"purchase","planned":false,"acquired":true,"shares":55000,"price":6.2128,"value":341704.0,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"security","element":"securityTitle","label":"F7","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 55,000 notional shares of common stock for a price of $6.2128 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the Subject Shares. Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F7","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 55,000 notional shares of common stock for a price of $6.2128 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the Subject Shares. Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F7","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 55,000 notional shares of common stock for a price of $6.2128 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the Subject Shares. Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F5","text":"The expiration date of the swap agreements will be automatically extended for successive 12 month periods unless one party provides written notice to the other party, at least 30 calendar days prior to the first extension and at least 15 days prior to any subsequent extension, not to so extend the expiration date."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Securities reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Securities held for the account of the PL Fund."}],"balance_after":112500,"derivative":{"expiration_date":"2028-04-07","underlying":"Common Stock","underlying_shares":55000},"source":{"system":"sec-edgar","filing":"0000929638-25-001525","document":"form4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":5,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825001525/form4.xml","form_type":"4"}},{"id":1174861,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Cash-Settled Total Return Swap","published_at":"2025-04-09T18:52:03.000Z","date":"2025-04-08","kind":"purchase","planned":false,"acquired":true,"shares":40000,"price":5.9728,"value":238912.0,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"security","element":"securityTitle","label":"F6","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 40,000 notional shares of common stock for a price of $5.9728 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the Subject Shares. Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F6","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 40,000 notional shares of common stock for a price of $5.9728 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the Subject Shares. Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F6","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 40,000 notional shares of common stock for a price of $5.9728 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the Subject Shares. Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F5","text":"The expiration date of the swap agreements will be automatically extended for successive 12 month periods unless one party provides written notice to the other party, at least 30 calendar days prior to the first extension and at least 15 days prior to any subsequent extension, not to so extend the expiration date."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Securities reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Securities held for the account of the PL Fund."}],"balance_after":57500,"derivative":{"expiration_date":"2028-04-07","underlying":"Common Stock","underlying_shares":40000},"source":{"system":"sec-edgar","filing":"0000929638-25-001525","document":"form4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":4,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825001525/form4.xml","form_type":"4"}},{"id":1174860,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Cash-Settled Total Return Swap","published_at":"2025-04-09T18:52:03.000Z","date":"2025-04-07","kind":"purchase","planned":false,"acquired":true,"shares":17500,"price":5.8996,"value":103243.0,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"security","element":"securityTitle","label":"F4","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 17,500 notional shares of common stock for a price of $5.8896 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the subject of the swap agreements (the \"Subject Shares\"). Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F4","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 17,500 notional shares of common stock for a price of $5.8896 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the subject of the swap agreements (the \"Subject Shares\"). Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F4","text":"The Reporting Persons have entered into certain cash-settled total return swap arrangements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 17,500 notional shares of common stock for a price of $5.8896 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the subject of the swap agreements (the \"Subject Shares\"). Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F5","text":"The expiration date of the swap agreements will be automatically extended for successive 12 month periods unless one party provides written notice to the other party, at least 30 calendar days prior to the first extension and at least 15 days prior to any subsequent extension, not to so extend the expiration date."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Securities reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Securities held for the account of the PL Fund."}],"balance_after":17500,"derivative":{"expiration_date":"2028-04-07","underlying":"Common Stock","underlying_shares":17500},"source":{"system":"sec-edgar","filing":"0000929638-25-001525","document":"form4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825001525/form4.xml","form_type":"4"}},{"id":1174859,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Common Stock","published_at":"2025-04-09T18:52:03.000Z","date":"2025-04-09","kind":"purchase","planned":false,"acquired":true,"shares":20000,"price":5.94,"value":118800.0,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Securities reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Securities held for the account of the PL Fund."}],"balance_after":11759826,"source":{"system":"sec-edgar","filing":"0000929638-25-001525","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825001525/form4.xml","form_type":"4"}},{"id":1180394,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Common Stock","published_at":"2025-04-03T17:10:53.000Z","date":"2025-04-02","kind":"purchase","planned":false,"acquired":true,"shares":15000,"price":6.5363,"value":98044.5,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Shares reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Shares held for the account of the PL Fund."}],"balance_after":11739826,"source":{"system":"sec-edgar","filing":"0000929638-25-001460","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825001460/form4.xml","form_type":"4"}},{"id":1180393,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Common Stock","published_at":"2025-04-03T17:10:53.000Z","date":"2025-04-02","kind":"purchase","planned":false,"acquired":true,"shares":5000,"price":6.4522,"value":32261.0,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Shares reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Shares held for the account of the PL Fund."}],"balance_after":11724826,"source":{"system":"sec-edgar","filing":"0000929638-25-001460","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825001460/form4.xml","form_type":"4"}},{"id":1180392,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Common Stock","published_at":"2025-04-03T17:10:53.000Z","date":"2025-04-01","kind":"purchase","planned":false,"acquired":true,"shares":9472,"price":6.4228,"value":60836.7616,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Shares reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Shares held for the account of the PL Fund."}],"balance_after":11719826,"source":{"system":"sec-edgar","filing":"0000929638-25-001460","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825001460/form4.xml","form_type":"4"}},{"id":1188165,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Common Stock","published_at":"2025-03-31T17:33:49.000Z","date":"2025-03-31","kind":"purchase","planned":false,"acquired":true,"shares":13208,"price":6.4799,"value":85586.5192,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Shares reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Shares held for the account of the PL Fund."}],"balance_after":11710354,"source":{"system":"sec-edgar","filing":"0000929638-25-001411","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":4,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825001411/form4.xml","form_type":"4"}},{"id":1188164,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Common Stock","published_at":"2025-03-31T17:33:49.000Z","date":"2025-03-28","kind":"purchase","planned":false,"acquired":true,"shares":6000,"price":6.4829,"value":38897.4,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Shares reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Shares held for the account of the PL Fund."}],"balance_after":11697146,"source":{"system":"sec-edgar","filing":"0000929638-25-001411","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825001411/form4.xml","form_type":"4"}},{"id":1188163,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Common Stock","published_at":"2025-03-31T17:33:49.000Z","date":"2025-03-28","kind":"purchase","planned":false,"acquired":true,"shares":2500,"price":6.5339,"value":16334.75,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Shares reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Shares held for the account of the PL Fund."}],"balance_after":11691146,"source":{"system":"sec-edgar","filing":"0000929638-25-001411","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825001411/form4.xml","form_type":"4"}},{"id":1188162,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Common Stock","published_at":"2025-03-31T17:33:49.000Z","date":"2025-03-27","kind":"purchase","planned":false,"acquired":true,"shares":1000,"price":6.5048,"value":6504.8,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Shares reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Shares held for the account of the PL Fund."}],"balance_after":11688646,"source":{"system":"sec-edgar","filing":"0000929638-25-001411","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825001411/form4.xml","form_type":"4"}},{"id":1191146,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Common Stock","published_at":"2025-03-26T17:22:37.000Z","date":"2025-03-26","kind":"purchase","planned":false,"acquired":true,"shares":7000,"price":6.5522,"value":45865.4,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Shares reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Shares held for the account of the PL Fund."}],"balance_after":11687646,"source":{"system":"sec-edgar","filing":"0000929638-25-001282","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":5,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825001282/form4.xml","form_type":"4"}},{"id":1191145,"issuer":{"id":9564,"kind":"organization","name":"TILE SHOP HOLDINGS, INC."},"owners":[{"id":35715,"kind":"organization","name":"Fund 1 Investments, LLC","position":1,"cik":"0001959730","reported_name":"Fund 1 Investments, LLC","relationship":{"ten_percent_owner":true}},{"id":74004,"kind":"organization","name":"Pleasant Lake Partners LLC","position":2,"cik":"0001580144","reported_name":"Pleasant Lake Partners LLC","relationship":{"ten_percent_owner":true}},{"id":74003,"kind":"organization","name":"PLP Funds Master Fund LP","position":3,"cik":"0002052009","reported_name":"PLP Funds Master Fund LP","relationship":{"ten_percent_owner":true}}],"security":"Common Stock","published_at":"2025-03-26T17:22:37.000Z","date":"2025-03-25","kind":"purchase","planned":false,"acquired":true,"shares":1000,"price":6.5812,"value":6581.2,"ownership":{"direct":false,"nature":"See Footnotes"},"footnotes":[{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Shares reported herein are held for the benefit of PLP Funds Master Fund LP (the \"PL Fund\") and an additional private investment vehicle for which Pleasant Lake Partners LLC (\"PLP\") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"Shares held for the account of the PL Fund."}],"balance_after":11680646,"source":{"system":"sec-edgar","filing":"0000929638-25-001282","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":4,"url":"https://www.sec.gov/Archives/edgar/data/2052009/000092963825001282/form4.xml","form_type":"4"}}],"next_cursor":"2025-03-26T17:22:37.000000Z,1191145"}