LA-Z-BOY (LZB) CFO uses 341 shares for tax withholding, retains 37,123
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LA-Z-BOY INC senior vice president and CFO Taylor Edward Luebke reported two small share dispositions classified as tax-withholding transactions. On Common Shares, a total of 341 shares were delivered at $40.95 per share to cover tax obligations tied to equity compensation. After these non-market transactions, Luebke directly holds 37,123 Common Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Luebke Taylor Edward
Role
SVP and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Shares | 127 | $40.95 | $5K |
| Tax Withholding | Common Shares | 214 | $40.95 | $9K |
Holdings After Transaction:
Common Shares — 37,123 shares (Direct, null)
Footnotes (1)
Key Figures
Tax-withholding shares (total): 341 shares
First tax-withholding lot: 127 shares at $40.95/share
Second tax-withholding lot: 214 shares at $40.95/share
+1 more
4 metrics
Tax-withholding shares (total)
341 shares
Common Shares delivered for tax obligations (code F)
First tax-withholding lot
127 shares at $40.95/share
Common Shares, transaction dated 2026-06-28
Second tax-withholding lot
214 shares at $40.95/share
Common Shares, transaction dated 2026-06-26
Shares held after transactions
37,123 shares
Direct Common Share ownership following latest transaction
Key Terms
tax-withholding disposition, Payment of exercise price or tax liability by delivering securities, Common Shares
3 terms
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" for both Common Shares entries"
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 describes code F as this payment method"
FAQ
What did LA-Z-BOY (LZB) CFO Taylor Luebke report on this Form 4?
The CFO reported two small dispositions of Common Shares classified as tax-withholding transactions. In total, 341 shares were delivered to satisfy tax obligations on equity compensation awards, and these were not recorded as open-market purchases or sales.
Were these LA-Z-BOY (LZB) CFO transactions open-market sales?
No, both transactions are coded "F" and described as payment of exercise price or tax liability by delivering securities. This means the shares were withheld or delivered for tax obligations, not sold in an open-market trade to another investor.
What does transaction code "F" mean in this LA-Z-BOY (LZB) Form 4?
Code "F" signifies a payment of exercise price or tax liability by delivering securities. In this case, Common Shares were used to cover obligations tied to equity compensation, so the dispositions are administrative in nature rather than discretionary market sales.