LA-Z-BOY (LZB) CAO logs small tax-withholding share dispositions in Form 4
Rhea-AI Filing Summary
LA-Z-BOY INC Chief Accounting Officer Jennifer Lynn McCurry reported two tax-related share dispositions of Common Shares. On June 26, 2026 she disposed of 253 shares at $40.95 per share, and on June 28, 2026 she disposed of 136 shares at the same price, both classified as tax-withholding dispositions rather than open-market sales. Following these transactions, she directly held 16,374 Common Shares, indicating these were relatively small, routine adjustments to cover tax liabilities.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Shares | 136 | $40.95 | $6K |
| Tax Withholding | Common Shares | 253 | $40.95 | $10K |
Footnotes (1)
Key Figures
Key Terms
tax-withholding disposition financial
Payment of exercise price or tax liability by delivering securities financial
FAQ
What did LA-Z-BOY (LZB) Chief Accounting Officer report in this Form 4?
LA-Z-BOY Chief Accounting Officer Jennifer Lynn McCurry reported two tax-withholding dispositions of Common Shares. She delivered shares to cover tax obligations, not through open-market sales, while maintaining a direct holding of 16,374 shares afterward.
Were the LA-Z-BOY (LZB) insider transactions open-market sales?
No, both transactions are classified as tax-withholding dispositions, not open-market sales. The description notes they represent “Payment of exercise price or tax liability by delivering securities,” indicating they were used to satisfy tax or exercise obligations.
What transaction code is used in the LA-Z-BOY (LZB) Form 4 and what does it mean?
The filing uses transaction code “F”, described as “Payment of exercise price or tax liability by delivering securities.” This code indicates shares were delivered to cover tax or exercise costs, not bought or sold in the open market.
On which dates did the LA-Z-BOY (LZB) insider tax-withholding transactions occur?
The tax-withholding dispositions occurred on June 26, 2026 and June 28, 2026. On these dates, a total of 389 Common Shares were delivered at a price of $40.95 per share to satisfy tax-related obligations.