LA-Z-BOY (LZB) supply chain chief sells 2,200 shares at $37

Rhea-AI Filing Summary

LA-Z-BOY INC Senior Vice President and Chief Supply Chain Officer Michael Adam Leggett reported an open-market sale of 2,200 common shares at $37.00 per share. After this February 20, 2026 transaction, he directly holds 42,473 common shares.

Insider Trade Summary

Net Seller: 2,200 shares ($81,400)

Net Sell 1 txn

Insider Leggett Michael Adam

Role Sr VP & Chief Supply Chain Off

Sold 2,200 shs ($81K)

Type	Security	Shares	Price	Value
Sale	Common Shares	2,200	$37.00	$81K

Holdings After Transaction: Common Shares — 42,473 shares (Direct)

Footnotes (1)

Form 4 Insider Transactions: What Each Field Means →

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^*

Leggett Michael Adam

(Last) (First) (Middle)

ONE LA-Z-BOY DRIVE

(Street)

MONROE MI 48162

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
LA-Z-BOY INC [ LZB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Sr VP & Chief Supply Chain Off

3. Date of Earliest Transaction (Month/Day/Year)
02/20/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	02/20/2026		S		2,200	D	$37	42,473	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	02/23/2026
	** 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.

FAQ

What insider transaction did LA-Z-BOY (LZB) report for Michael Adam Leggett?

LA-Z-BOY reported that executive Michael Adam Leggett sold 2,200 common shares in an open-market transaction. The sale was reported on Form 4 and involved directly held stock, reflecting a routine insider share disposition at a disclosed price.

How many LA-Z-BOY (LZB) shares did Michael Adam Leggett sell and at what price?

Michael Adam Leggett sold 2,200 LA-Z-BOY common shares at a price of $37.00 per share. This open-market transaction is detailed in the Form 4, showing both the share count sold and the exact per-share sale price.

How many LA-Z-BOY (LZB) shares does Michael Adam Leggett own after the sale?

After the reported sale, Michael Adam Leggett directly owns 42,473 LA-Z-BOY common shares. This post-transaction ownership figure is disclosed in the Form 4 and reflects his remaining direct equity stake following the open-market transaction.

Was the LA-Z-BOY (LZB) insider transaction by Michael Adam Leggett a direct or indirect holding?

The Form 4 indicates the transaction involved directly held LA-Z-BOY common shares. Ownership is coded as direct, meaning the reported 2,200-share sale and the remaining 42,473 shares are held in Michael Adam Leggett’s own name, not through an intermediary entity.

What type of transaction did Michael Adam Leggett execute in LA-Z-BOY (LZB) shares?

Michael Adam Leggett executed an open-market sale of LA-Z-BOY common shares. The Form 4 classifies this with code “S,” described as a sale in open market or private transaction, and labels the action specifically as an open-market sale of non-derivative common stock.

Does the LA-Z-BOY (LZB) Form 4 for Michael Adam Leggett involve derivative securities?

No, the transaction involves non-derivative common shares of LA-Z-BOY. The Form 4 identifies the security as “Common Shares” and the transaction type as non-derivative, meaning it does not relate to options, warrants, or other derivative instruments.