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  4. [Form 4] LA-Z-BOY INC Insider Trading Activity

La‑Z‑Boy (LZB) compliance chief gets share awards, delivers some for taxes

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

Rhea-AI Filing Summary

La‑Z‑Boy Inc. executive Raphaell Z. Richmond reported routine equity compensation activity. As VP, General Counsel and Chief Compliance Officer, he received multiple grants or awards of La‑Z‑Boy common shares as part of his compensation.

The filing also shows several F‑code transactions where a total of 2,775 common shares were delivered at $39.99 per share to cover tax liabilities. These are tax-withholding dispositions rather than open‑market sales, and no derivative positions are listed as remaining.

Positive

  • None.

Negative

  • None.

Insights

Routine stock awards with tax withholding, not open‑market trading.

The reporting officer of LA‑Z‑BOY INC recorded several A‑code transactions, described as grants, awards, or other acquisitions of common shares. These represent equity compensation rather than discretionary buying in the market.

Four F‑code transactions show 2,775 common shares delivered at $39.99 per share to satisfy tax obligations. F‑code events are not open‑market sales and typically carry little informational value for sentiment. The summary data also shows no derivative exercises or remaining derivative positions in this filing.

Insider Richmond Raphaell Z.
Role VP, GC & Chief Compliance Off
Type Security Shares Price Value
Grant/Award Common Shares 6,797 $0.00 $0.00
Exercise Price or Tax Liability Common Shares 354 $39.99 $14K
Exercise Price or Tax Liability Common Shares 551 $39.99 $22K
Grant/Award Common Shares 1,732 $0.00 $0.00
Exercise Price or Tax Liability Common Shares 496 $39.99 $20K
Grant/Award Common Shares 4,804 $0.00 $0.00
Exercise Price or Tax Liability Common Shares 1,374 $39.99 $55K
Grant/Award Common Shares 1,422 $0.00 $0.00
Grant/Award Common Shares 1,344 $0.00 $0.00
Holdings After Transaction: Common Shares — 53,583 shares (Direct)
Tax-withholding shares 2,775 shares F-code dispositions delivering shares to cover tax obligations
Tax-withholding price $39.99 per share Price reported for F-code Common Shares dispositions
Award transactions 5 transactions A-code grants, awards, or other acquisitions of Common Shares
Tax-withholding transactions 4 transactions F-code payments of exercise price or tax liability by delivering securities
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition"
Payment of exercise price or tax liability by delivering securities financial
"transaction_code_description": "Payment of exercise price or tax liability by delivering securities"
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.
Common Shares financial
"security_title": "Common Shares"
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.

FAQ

What did La-Z-Boy (LZB) officer Raphaell Z. Richmond report in this Form 4?
Raphaell Z. Richmond, La‑Z‑Boy’s VP, General Counsel and Chief Compliance Officer, reported multiple grants or awards of common shares as equity compensation, plus several tax-withholding transactions where shares were delivered to cover associated tax liabilities.

Were any of Raphaell Z. Richmond’s La-Z-Boy (LZB) transactions open-market sales?
The disclosed dispositions are F‑code tax-withholding transactions, where 2,775 La‑Z‑Boy common shares were delivered at $39.99 per share to satisfy tax obligations. These are not open‑market sales and generally reflect mechanical tax payments on equity compensation.

How many La-Z-Boy (LZB) share grants did the executive receive in this filing?
The transaction summary shows five A‑code acquisitions of La‑Z‑Boy common shares. These are described as grants, awards, or other acquisitions, indicating routine stock-based compensation to the VP, General Counsel and Chief Compliance Officer rather than market purchases.

What is the total number of La-Z-Boy (LZB) shares used for tax withholding?
Across four F‑code transactions, 2,775 La‑Z‑Boy common shares were delivered to cover tax obligations. Each disposition is labeled as payment of exercise price or tax liability by delivering securities, using a reported price of $39.99 per share.

Does this La-Z-Boy (LZB) Form 4 show any option exercises or derivative trades?
The derivative summary shows no derivative transactions and no remaining derivative positions in this filing. All reported activity involves non-derivative La‑Z‑Boy common shares through compensation-related grants and associated tax-withholding dispositions.

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

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Form 4 Insider Transactions: What Each Field Means →
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*
Richmond Raphaell Z.
(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
VP, GC & Chief Compliance Off
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/22/2026		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 Shares06/22/2026A6,797A$047,056D
Common Shares06/22/2026F354D$39.9946,702D
Common Shares06/22/2026F551D$39.9946,151D
Common Shares06/22/2026A1,732A$047,883D
Common Shares06/22/2026F496D$39.9947,387D
Common Shares06/22/2026A4,804A$052,191D
Common Shares06/22/2026F1,374D$39.9950,817D
Common Shares06/22/2026A1,422A$052,239D
Common Shares06/22/2026A1,344A$053,583D
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-Fact06/24/2026
** 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)

Source: View Original Filing on SEC EDGAR