La-Z-Boy retail chief sells 5,000 shares
LA-Z-BOY INC (LZB) reports that Robert Sundy II, President, Retail, sold 5,000 Common Shares on September 10, 2026 in a sale classified as an open-market or private transaction.
Rhea-AI Filing Summary
LA-Z-BOY INC (LZB) reports that Robert Sundy II, President, Retail, sold 5,000 Common Shares on September 10, 2026 in a sale classified as an open-market or private transaction. The weighted average sale price was about $30.85 per share, and he now holds 59,297 shares directly.
The per-share price reflects multiple trades executed between $30.84 and $30.87. No Rule 10b5-1 trading plan is affirmed for this transaction.
Positive
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Negative
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Insights
Analyzing...
Insider Trade Summary
Net Seller: 5,000 shares
Net Sell
1 txn
Insider
Sundy Robert II
Role
President, Retail
Sold
5,000 shs ($154K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Shares F1 | 5,000 | $30.8466 | $154K |
Holdings After Transaction:
Common Shares — 59,297 shares (Direct)
Footnotes (1)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.84 to $30.87, inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Key Figures
Shares sold: 5,000 shares
Weighted average sale price: $30.8466 per share
Shares owned after transaction: 59,297 shares
+1 more
4 metrics
Shares sold
5,000 shares
Common Shares sold by President, Retail on September 10, 2026
Weighted average sale price
$30.8466 per share
Weighted average price for the 5,000-share sale, with trades from $30.84 to $30.87
Shares owned after transaction
59,297 shares
Direct ownership of Common Shares by Robert Sundy II after the sale
Number of sell transactions reported
1 transaction
Single non-derivative sale in this Form 4
Key Terms
weighted average price, Common Shares, open market or private transaction
3 terms
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.
open market or private transaction financial
"Sale in open market or private transaction as described in the filing."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did LA-Z-BOY INC (LZB) report for Robert Sundy II?
LA-Z-BOY INC reported that Robert Sundy II, President, Retail, sold 5,000 Common Shares on September 10, 2026 in a sale classified as an open-market or private transaction.
Was the LA-Z-BOY (LZB) insider sale made under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is not affirmed, indicating the reported transaction was not designated as made under a Rule 10b5-1 trading plan.
What type of security did the LA-Z-BOY (LZB) insider sell?
The transaction involves Common Shares of LA-Z-BOY INC. It is reported as a non-derivative transaction, meaning it did not involve options or other derivative securities.
AI-generated analysis. How Rhea-AI works. Not financial advice.