STOCK TITAN

La-Z-Boy (LZB) CEO uses 9,757 shares for tax withholding on Form 4

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

Rhea-AI Filing Summary

LA-Z-BOY INC President & CEO Melinda D. Whittington reported two Form 4 transactions where a total of 9,757 Common Shares were disposed of as a tax-withholding disposition at $40.95 per share. These were payments of tax liability by delivering shares, not open-market sales. After these transactions, she directly holds 393,984 common shares.

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Insider Whittington Melinda D
Role President & CEO
Type Security Shares Price Value
Tax Withholding Common Shares 3,381 $40.95 $138K
Tax Withholding Common Shares 6,376 $40.95 $261K
Holdings After Transaction: Common Shares — 393,984 shares (Direct, null)
Footnotes (1)
Tax-withholding shares 9,757 shares Total F-code tax-withholding dispositions in this Form 4
Transaction price $40.95 per share Price used for both Common Share tax-withholding dispositions
Shares after latest transaction 393,984 shares Direct Common Share holdings following June 28, 2026 disposition
First tax-withholding lot 6,376 shares Common Shares disposed on June 26, 2026 for tax withholding
Second tax-withholding lot 3,381 shares Common Shares disposed on June 28, 2026 for tax withholding
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.
transaction code F financial
"transaction_code: "F" with description of payment of tax liability"
Common Shares financial
"security_title: "Common Shares" for each reported 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.
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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Learn about SEC filing dates
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*
Whittington Melinda D

(Last)(First)(Middle)
ONE 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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
President & CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/26/2026
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 Shares06/26/2026F6,376D$40.95397,365D
Common Shares06/28/2026F3,381D$40.95393,984D
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-Fact06/29/2026
** 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)

FAQ

What insider transaction did LA-Z-BOY (LZB) report for Melinda Whittington?

LA-Z-BOY reported that President & CEO Melinda D. Whittington disposed of 9,757 Common Shares in two Form 4 transactions. Both were coded as tax-withholding dispositions, meaning shares were delivered to cover obligations rather than sold on the open market.

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

No, the transactions were not open-market sales. They were coded with transaction code F, described as payment of an exercise price or tax liability by delivering securities, indicating shares were withheld for obligations instead of being sold to outside buyers.

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

After the reported tax-withholding dispositions, President & CEO Melinda D. Whittington directly holds 393,984 Common Shares. This figure reflects her remaining direct ownership position immediately following the latest transaction dated June 28, 2026.

What price per share is shown in the LA-Z-BOY (LZB) CEO’s Form 4?

Both tax-withholding dispositions list a transaction price of $40.95 per Common Share. This price is used in the Form 4 to value the shares delivered to satisfy tax or exercise-related obligations in the reported transactions.

How many LA-Z-BOY (LZB) shares were withheld for taxes in the CEO’s Form 4?

A total of 9,757 Common Shares were used in tax-withholding dispositions. The Form 4 transaction summary classifies these under taxWithholdingShares, reflecting shares delivered to satisfy tax or exercise-related liabilities instead of being retained.