LA-Z-BOY (LZB) VP Carol Young reports routine 262-share tax withholding

Rhea-AI Filing Summary

LA-Z-BOY INC VP & Chief Information Officer Carol Young reported a small tax-related share disposition. On this Form 4, 262 Common Shares were withheld at a value of $41.85 per share to cover tax obligations, leaving her with 37,303 shares held directly. This was not an open-market sale but a routine tax-withholding transaction linked to equity compensation.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Lee Carol Young

Role VP & Chief Information Officer

Type	Security	Shares	Price	Value
Tax Withholding	Common Shares	262	$41.85	$11K

Holdings After Transaction: Common Shares — 37,303 shares (Direct, null)

Footnotes (1)

Key Figures

Shares withheld for taxes: 262 shares Implied share value: $41.85 per share Shares held after transaction: 37,303 shares

3 metrics

Shares withheld for taxes 262 shares Tax-withholding disposition on Common Shares

Implied share value $41.85 per share Value of shares used for tax liability

Shares held after transaction 37,303 shares Direct ownership after tax-withholding disposition

Key Terms

tax-withholding disposition, Common Shares, Form 4

3 terms

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.

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.

Form 4 regulatory

"INSIDER FILING DATA (Form 4)"

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.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/26/2026 - 04:43 PM Accepted by SEC EDGAR 06/26/2026 - 04:42 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^*

Lee Carol Young

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	VP & Chief Information Officer

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		262	D	$41.85	37,303	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 Carol Young?

LA-Z-BOY reported that VP & Chief Information Officer Carol Young had 262 Common Shares withheld to cover tax obligations. The shares were valued at $41.85 each and reflect a routine compensation-related adjustment, not an open-market stock sale.

Was the LA-Z-BOY (LZB) Form 4 transaction an open-market sale?

No, the Form 4 shows a tax-withholding disposition, not an open-market sale. 262 Common Shares were delivered to satisfy tax liabilities associated with equity compensation, while Young continued to hold 37,303 shares directly afterward.

How many LA-Z-BOY (LZB) shares does Carol Young hold after this Form 4?

After the reported tax-withholding disposition, Carol Young holds 37,303 LA-Z-BOY Common Shares directly. The filing indicates that only 262 shares were used to cover tax liabilities, leaving the vast majority of her position unchanged.

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

Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this case, 262 Common Shares of LA-Z-BOY were withheld at $41.85 per share to cover tax obligations tied to an equity compensation event.

Does the LA-Z-BOY (LZB) Form 4 suggest a change in insider sentiment?

The filing reflects a routine tax-withholding disposition of 262 shares and not a discretionary buy or sell decision. Since Carol Young still holds 37,303 shares, the transaction appears administrative rather than a signal of changing insider sentiment.