La-Z-Boy (LZB) chief accounting officer sells 3,410 shares in open trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LA-Z-BOY INC Chief Accounting Officer Jennifer Lynn McCurry sold 3,410 Common Shares in an open-market transaction. The sale occurred on June 18, 2026 at a weighted average price of $40.6021 per share, with individual trade prices ranging from $40.56 to $40.73. Following this sale, she directly holds 15,453 Common Shares of the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,410 shares ($138,453)
Net Sell
1 txn
Insider
McCurry Jennifer Lynn
Role
Chief Accounting Officer
Sold
3,410 shs ($138K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Shares | 3,410 | $40.6021 | $138K |
Holdings After Transaction:
Common Shares — 15,453 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 3,410 shares
Weighted average sale price: $40.6021 per share
Post-transaction holdings: 15,453 shares
+2 more
5 metrics
Shares sold
3,410 shares
Open-market sale on June 18, 2026
Weighted average sale price
$40.6021 per share
Average of multiple trades ranging $40.56–$40.73
Post-transaction holdings
15,453 shares
Common Shares directly owned after sale
Low end of sale price range
$40.56 per share
Lowest individual trade price in reported range
High end of sale price range
$40.73 per share
Highest individual trade price in reported range
Key Terms
open-market sale, weighted average price, Common Shares, beneficially owned
4 terms
open-market sale financial
"Common Shares in an open-market sale transaction"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average price financial
"The price reported in Column 4 is a weighted average price"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
beneficially owned financial
"shares beneficially owned following the reported transaction"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
FAQ
What insider transaction did LA-Z-BOY (LZB) report for Jennifer Lynn McCurry?
LA-Z-BOY reported that Chief Accounting Officer Jennifer Lynn McCurry sold 3,410 Common Shares in an open-market transaction. The sale was disclosed on a Form 4 and reflects an update to her direct equity ownership in the company.
What is Jennifer Lynn McCurry’s role at LA-Z-BOY (LZB)?
Jennifer Lynn McCurry serves as Chief Accounting Officer at LA-Z-BOY INC. Her position involves overseeing the company’s accounting and financial reporting functions, making her a key member of the senior finance leadership team.
What does a weighted average sale price mean in this LA-Z-BOY (LZB) Form 4?
A weighted average sale price means multiple trades occurred at slightly different prices, and the reported figure averages them based on share volumes. For McCurry’s sale, the transactions ranged from $40.56 to $40.73 per share, producing the disclosed $40.6021 average.