La-Z-Boy (LZB) CEO has 5,096 shares withheld for taxes

Rhea-AI Filing Summary

LA-Z-BOY INC President & CEO Melinda D. Whittington reported a tax-related share withholding. On 5,096 Common Shares, the company used shares valued at $41.85 each to cover tax obligations rather than cash.

After this non-market tax-withholding disposition, she directly holds 403,741 Common Shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Whittington Melinda D

Role President & CEO

Type	Security	Shares	Price	Value
Tax Withholding	Common Shares	5,096	$41.85	$213K

Holdings After Transaction: Common Shares — 403,741 shares (Direct, null)

Footnotes (1)

Key Figures

Shares withheld for taxes: 5,096 shares Transaction price per share: $41.85 per share Shares held after transaction: 403,741 shares

3 metrics

Shares withheld for taxes 5,096 shares Tax-withholding disposition of Common Shares

Transaction price per share $41.85 per share Value applied to withheld Common Shares

Shares held after transaction 403,741 shares Direct ownership after tax withholding

Key Terms

Form 4, tax-withholding disposition, Common Shares

3 terms

Form 4 regulatory

"This Form 4 shows a tax-withholding disposition, not an open-market purchase"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

tax-withholding disposition financial

"This Form 4 shows a tax-withholding disposition, not an open-market purchase"

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.

Common Shares financial

"A total of 5,096 Common Shares of LA-Z-BOY were withheld"

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.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/26/2026 - 04:48 PM Accepted by SEC EDGAR 06/26/2026 - 04:48 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President & CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/24/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Shares	06/24/2026		F		5,096	D	$41.85	403,741	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

	/s/ Uzma Ahmad, Attorney-in-Fact	06/26/2026
	** Signature of Reporting Person	Date
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 5,096 Common Shares withheld to satisfy tax obligations. This Form 4 shows a tax-withholding disposition, not an open-market purchase or sale of shares.

How many LA-Z-BOY (LZB) shares were used for Melinda Whittington's tax withholding?

A total of 5,096 Common Shares of LA-Z-BOY were withheld to cover tax liabilities. The shares were valued at $41.85 each, according to the transaction price disclosed in the Form 4 filing.

Did LA-Z-BOY CEO Melinda Whittington sell shares on the open market?

The disclosed transaction is a tax-withholding disposition, not an open-market sale. Shares were delivered to cover tax liabilities, consistent with the Form 4 code F description, rather than being sold through market transactions.

How many LA-Z-BOY (LZB) shares does Melinda Whittington hold after this transaction?

After the tax-withholding disposition, Melinda D. Whittington directly holds 403,741 LA-Z-BOY Common Shares. This post-transaction holding reflects her remaining direct ownership position as reported in the Form 4.

What was the reported price per LA-Z-BOY share in Melinda Whittington's Form 4 transaction?

The Form 4 lists a transaction price of $41.85 per LA-Z-BOY Common Share. This price is used to value the 5,096 shares that were withheld to satisfy tax obligations for the CEO.