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La-Z-Boy (NYSE: LZB) awards 18,604 shares to senior executive

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

Rhea-AI Filing Summary

La-Z-Boy Inc. executive Terrence James Linz received multiple equity awards and related tax withholdings in Common Shares. On June 22, 2026, he was granted a total of 18,604 Common Shares at no cash cost as compensation, through several “A” code grant/award acquisitions.

To cover tax obligations on these awards, 3,021 Common Shares were disposed of under “F” code tax-withholding transactions at $39.99 per share. The filing shows no open-market purchases or sales; all movements are grant-related acquisitions and share withholdings for taxes.

Positive

  • None.

Negative

  • None.
Insider Linz Terrence James
Role President, Wholesale Brands
Type Security Shares Price Value
Grant/Award Common Shares 8,452 $0.00 --
Tax Withholding Common Shares 388 $39.99 $16K
Tax Withholding Common Shares 599 $39.99 $24K
Grant/Award Common Shares 1,882 $0.00 --
Tax Withholding Common Shares 539 $39.99 $22K
Grant/Award Common Shares 5,224 $0.00 --
Tax Withholding Common Shares 1,495 $39.99 $60K
Grant/Award Common Shares 1,446 $0.00 --
Grant/Award Common Shares 1,600 $0.00 --
Holdings After Transaction: Common Shares — 61,772 shares (Direct, null)
Footnotes (1)
Total share grants 18,604 Common Shares Aggregate of A-code grant/award acquisitions on June 22, 2026
Tax-withheld shares 3,021 Common Shares F-code tax-withholding dispositions on June 22, 2026
Tax withholding price $39.99 per share Value applied to F-code tax-withholding transactions
Largest single grant 8,452 Common Shares One A-code grant/award acquisition of Common Shares
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
Payment of exercise price or tax liability by delivering securities financial
"transaction_code_description: "Payment of exercise price or tax liability by delivering securities""
Common Shares financial
"security_title: "Common Shares" for each transaction"
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.
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" for F-code entries"
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.
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Form 4 Insider Transactions: What Each Field Means →
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*
Linz Terrence James
(Last)(First)(Middle)
1 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)
Director10% Owner
XOfficer (give title below)Other (specify below)
President, Wholesale Brands
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/22/2026		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 Shares06/22/2026A8,452A$061,772D
Common Shares06/22/2026F388D$39.9961,384D
Common Shares06/22/2026F599D$39.9960,785D
Common Shares06/22/2026A1,882A$062,667D
Common Shares06/22/2026F539D$39.9962,128D
Common Shares06/22/2026A5,224A$067,352D
Common Shares06/22/2026F1,495D$39.9965,857D
Common Shares06/22/2026A1,446A$067,303D
Common Shares06/22/2026A1,600A$068,903D
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-Fact06/24/2026
** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did La-Z-Boy (LZB) report for Terrence James Linz?

La-Z-Boy reported that executive Terrence James Linz received multiple equity grants totaling 18,604 Common Shares, alongside related tax-withholding share dispositions. All transactions occurred on June 22, 2026 and were compensation-related rather than open-market trades.

How many La-Z-Boy (LZB) shares were granted to Terrence James Linz?

Terrence James Linz was granted 18,604 La-Z-Boy Common Shares as compensation. These were recorded as several “A” code transactions, each described as a grant, award, or other acquisition with a transaction price of zero per share.

Were any La-Z-Boy (LZB) shares sold on the market in this Form 4?

The Form 4 shows no open-market purchases or sales. Dispositions are “F” code transactions, meaning 3,021 shares were withheld at $39.99 per share to pay tax liabilities associated with the equity awards rather than being sold in the market.

At what price were La-Z-Boy (LZB) shares used for tax withholding?

Shares used for tax withholding were valued at $39.99 per Common Share. A total of 3,021 shares were disposed of under code F transactions, which represent payment of tax liabilities by delivering securities instead of using cash.

What do the A and F transaction codes mean in the La-Z-Boy (LZB) Form 4?

Code A indicates a grant, award, or other acquisition of shares, typically as compensation. Code F indicates shares withheld to pay exercise price or tax liabilities. In this Form 4, A codes reflect equity grants and F codes reflect tax-withholding share dispositions.