LA-Z-BOY (LZB) CIO reports stock awards and tax-withholding share transfers

Rhea-AI Filing Summary

LA-Z-BOY INC VP & Chief Information Officer Carol Young reported multiple equity compensation transactions in common shares on June 22, 2026. The Form 4 shows several grants coded "A" (grant, award, or other acquisition) of common shares at a price of $0.00 per share, reflecting stock awards as part of compensation.

The filing also reports code "F" transactions in which an aggregate of 1,583 common shares were disposed of to cover tax liabilities, at a transaction price of $39.99 per share. These tax-withholding dispositions are not open‑market sales. Following these routine awards and tax withholdings, Young continues to hold a direct common share position in LA-Z-BOY INC.

Insights

Equity compensation analyst

Routine equity awards with tax withholding, no open-market trading.

The transactions for Carol Young, VP & Chief Information Officer of LA-Z-BOY INC, are all coded as stock awards (A) and tax-withholding dispositions (F). No open-market buys or sells are reported in this Form 4.

The Form shows multiple common share grants at $0.00 per share, which is typical of equity compensation, and 1,583 shares withheld at $39.99 per share to satisfy tax obligations. Such patterns are generally administrative rather than directional signals about the executive’s view of the stock.

Because there are no sales coded "S" or purchases coded "P", and no derivative exercises, the filing mainly updates Young’s equity-based compensation and related tax settlement, without materially changing the broader investment picture for LZB shareholders.

Insider Trade Summary

Net Buyer: 10,520 shares

Net Buy 9 txns

Insider Lee Carol Young

Role VP & Chief Information Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Shares	5,766	$0.00	$0.00
Exercise Price or Tax Liability	Common Shares	224	$39.99	$9K
Exercise Price or Tax Liability	Common Shares	309	$39.99	$12K
Grant/Award	Common Shares	1,142	$0.00	$0.00
Exercise Price or Tax Liability	Common Shares	279	$39.99	$11K
Grant/Award	Common Shares	3,166	$0.00	$0.00
Exercise Price or Tax Liability	Common Shares	771	$39.99	$31K
Grant/Award	Common Shares	921	$0.00	$0.00
Grant/Award	Common Shares	1,108	$0.00	$0.00

Holdings After Transaction: Common Shares — 37,909 shares (Direct)

Key Figures

Tax-withholding shares: 1,583 shares Tax-withholding price: $39.99 per share Largest single grant: 5,766 shares +2 more

5 metrics

Tax-withholding shares 1,583 shares Shares delivered for tax obligations on equity awards

Tax-withholding price $39.99 per share Price for F-code tax-withholding dispositions

Largest single grant 5,766 shares Common share award coded A at $0.00 per share

Additional grant 3,166 shares Common share award coded A at $0.00 per share

Another grant 1,142 shares Common share award coded A at $0.00 per share

Key Terms

grant, award, or other acquisition, tax-withholding disposition, Payment of exercise price or tax liability by delivering securities, Form 4

4 terms

grant, award, or other acquisition financial

"transaction code description "Grant, award, or other acquisition""

tax-withholding disposition financial

"transaction_action "tax-withholding disposition" for code F"

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.

Payment of exercise price or tax liability by delivering securities financial

"transaction_code_description for F transactions"

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.

FAQ

What did LA-Z-BOY (LZB) executive Carol Young report in this Form 4?

Carol Young reported multiple equity compensation transactions in LA-Z-BOY common shares, including several stock awards coded "A" and related tax-withholding dispositions coded "F" on June 22, 2026, with no open-market share purchases or sales disclosed.

Did Carol Young buy or sell LA-Z-BOY (LZB) shares on the market?

The Form 4 does not show open-market buying or selling. It reports stock awards at no cost and tax-withholding dispositions coded "F," where shares were delivered to cover tax liabilities, rather than discretionary market transactions.

How many LA-Z-BOY shares were withheld for Carol Young’s taxes?

The filing shows 1,583 LA-Z-BOY common shares disposed of under code "F" as tax-withholding transactions. These shares were transferred at a transaction price of $39.99 per share to satisfy exercise price or tax liability obligations associated with equity awards.

What price is shown for the LA-Z-BOY tax-withholding transactions?

The tax-withholding dispositions in Carol Young’s Form 4 are recorded at a transaction price of $39.99 per LA-Z-BOY common share. This price applies to the 1,583 shares delivered to cover tax-related obligations on the reported equity awards.

Are the equity awards to Carol Young at LA-Z-BOY part of her compensation?

The Form 4 codes the acquisitions as "A" for grant, award, or other acquisition, and records them at $0.00 per share, indicating stock awards typically associated with executive compensation rather than shares purchased in the open market.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/24/2026 - 06:25 PM Accepted by SEC EDGAR 06/24/2026 - 06:25 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)
06/22/2026

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	06/22/2026		A		5,766	A	$0	33,155	D
Common Shares	06/22/2026		F		224	D	$39.99	32,931	D
Common Shares	06/22/2026		F		309	D	$39.99	32,622	D
Common Shares	06/22/2026		A		1,142	A	$0	33,764	D
Common Shares	06/22/2026		F		279	D	$39.99	33,485	D
Common Shares	06/22/2026		A		3,166	A	$0	36,651	D
Common Shares	06/22/2026		F		771	D	$39.99	35,880	D
Common Shares	06/22/2026		A		921	A	$0	36,801	D
Common Shares	06/22/2026		A		1,108	A	$0	37,909	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	06/24/2026
	** 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)