La-Z-Boy (LZB) director receives 2,448 restricted stock units grant
Rhea-AI Filing Summary
La-Z-Boy Inc. director William C. Boor reported an equity award in the form of restricted stock units. On January 15, 2026, he received 2,448 common shares as an acquisition transaction valued at $0 per share, reflecting a stock-based grant rather than an open-market purchase. The award was granted under the La-Z-Boy Incorporated 2024 Omnibus Incentive Plan, with each restricted stock unit economically equivalent to one share of LZB common stock. These units are scheduled to be settled in stock on the one-year anniversary of the award date, and following this grant he beneficially owned 2,448 common shares directly.
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FAQ
What insider transaction did La-Z-Boy (LZB) report for William C. Boor?
La-Z-Boy (LZB) reported that director William C. Boor acquired 2,448 common shares on January 15, 2026 through a stock-based grant at $0 per share.
What type of equity was granted in this La-Z-Boy (LZB) Form 4 filing?
The Form 4 shows a grant of restricted stock units under the La-Z-Boy Incorporated 2024 Omnibus Incentive Plan, each unit being the economic equivalent of one LZB common share.
When will the restricted stock units for La-Z-Boy director William C. Boor settle?
The restricted stock units granted on January 15, 2026 will be settled in stock on the one-year anniversary of the award date.
How many La-Z-Boy (LZB) shares does William C. Boor own after this transaction?
After the reported transaction, William C. Boor beneficially owned 2,448 La-Z-Boy common shares, held directly.
Was the La-Z-Boy (LZB) equity grant to William C. Boor a market purchase?
No. The Form 4 shows a transaction code A with a price of $0 per share, indicating an equity award grant rather than a purchase on the open market.
Under which plan were the La-Z-Boy (LZB) restricted stock units granted?
The restricted stock units were granted under the La-Z-Boy Incorporated 2024 Omnibus Incentive Plan, as disclosed in the Form 4 footnote.