STOCK TITAN

LA-Z-BOY (LZB) CEO uses 6,224 shares for tax withholding, retains over 408K

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

LA-Z-BOY INC President & CEO Melinda D. Whittington reported a tax-withholding share disposition. On 2026-06-23, 6,224 Common Shares were disposed of at $40.30 per share to cover tax obligations, a non-market transaction. After this event, she directly holds 408,837 Common Shares, indicating the disposition is small relative to her overall stake.

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Insider Whittington Melinda D
Role President & CEO
Type Security Shares Price Value
Tax Withholding Common Shares 6,224 $40.30 $251K
Holdings After Transaction: Common Shares — 408,837 shares (Direct, null)
Footnotes (1)
Shares used for tax withholding 6,224 shares Common Shares, transaction code F
Tax withholding price $40.30 per share Price applied to 6,224 shares
Shares held after transaction 408,837 shares Direct ownership following 2026-06-23 event
Transaction date 2026-06-23 Date of tax-withholding disposition
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
transaction code F regulatory
"transaction_code_description: "Payment of exercise price or tax liability by delivering securities""
Common Shares financial
"security_title: "Common Shares""
Common shares are the basic units of ownership in a company that give holders a claim on profits and a right to vote on key matters, like electing the board. Think of them as membership cards in a club: they let you share in successes and losses, but in a bankruptcy or liquidation they are paid after creditors and preferred shareholders, so their value can swing more and matters for assessing risk and potential return.
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Whittington Melinda D

(Last)(First)(Middle)
ONE LA-Z-BOY DRIVE

(Street)
MONROE MICHIGAN 48162

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
LA-Z-BOY INC [ LZB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
President & CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/23/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Shares06/23/2026F6,224D$40.3408,837D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
Remarks:
/s/ Uzma Ahmad, Attorney-in-Fact06/25/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did LA-Z-BOY (LZB) report for Melinda Whittington?

LA-Z-BOY reported that President & CEO Melinda D. Whittington had 6,224 Common Shares disposed of on 2026-06-23 for tax withholding. This was recorded as a tax-withholding disposition, not an open-market trade, under transaction code F.

Was the LA-Z-BOY (LZB) CEO’s Form 4 transaction a stock sale?

The transaction was classified as a tax-withholding disposition, not an open-market sale. Code F indicates shares were used to pay tax liabilities, meaning the shares covered taxes on equity compensation rather than being sold voluntarily in the market.

How many LA-Z-BOY (LZB) shares were involved in the CEO’s tax withholding?

A total of 6,224 Common Shares were used for tax withholding at a price of $40.30 per share. This disposition helped satisfy tax obligations tied to equity awards while being recorded as a non-derivative transaction on the Form 4.

How many LA-Z-BOY (LZB) shares does the CEO hold after this Form 4 transaction?

Following the tax-withholding disposition of 6,224 shares, President & CEO Melinda D. Whittington directly holds 408,837 Common Shares. This post-transaction balance shows she retains a substantial equity position in LA-Z-BOY after the reported event.

What does transaction code F mean in the LA-Z-BOY (LZB) Form 4 filing?

Transaction code F means shares were disposed of to pay the exercise price or related tax liabilities. In this case, 6,224 Common Shares were used for tax withholding, reflecting a compensation-related event rather than a discretionary market sale of stock.