LA-Z-BOY exec reports 582-share tax disposition

LA-Z-BOY INC executive Terrence James Linz, President, Wholesale Brands, reported a small tax-related share disposition.

Rhea-AI Filing Summary

LA-Z-BOY INC executive Terrence James Linz, President, Wholesale Brands, reported a small tax-related share disposition. On a Form 4, he had 582 Common Shares withheld at $40.30 per share to cover tax obligations. After this non-market transaction, he directly holds 68,321 Common Shares, indicating his overall ownership position remains largely unchanged.

Insider Trade Summary

Exercise Price or Tax Liability: 582 shares

Exercise Price or Tax Liability 1 txn

Insider Linz Terrence James

Role President, Wholesale Brands

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Shares	582	$40.30	$23K

Holdings After Transaction: Common Shares — 68,321 shares (Direct)

Key Figures

Tax-withheld shares: 582 shares Price per share: $40.30 per share Shares after transaction: 68,321 shares

3 metrics

Tax-withheld shares 582 shares Common Shares delivered for tax liability

Price per share $40.30 per share Value used for tax-withholding disposition

Shares after transaction 68,321 shares Direct Common Shares owned following transaction

Key Terms

tax-withholding disposition, Common Shares, transaction code F

3 terms

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.

transaction code F financial

"transaction_code_description: "Payment of exercise price or tax liability""

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did LA-Z-BOY (LZB) report for Terrence James Linz?

LA-Z-BOY reported that executive Terrence James Linz had 582 Common Shares withheld for taxes. The shares were treated as a tax-withholding disposition at $40.30 per share, a routine administrative event rather than an open-market trade.

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

No, the Form 4 shows a tax-withholding disposition, not an open-market sale. 582 Common Shares were delivered at $40.30 per share to satisfy tax obligations, meaning the transaction reflects compensation-related mechanics rather than discretionary selling activity.

How many LA-Z-BOY (LZB) shares does Terrence James Linz hold after this Form 4?

Following the reported tax-withholding transaction, Terrence James Linz directly holds 68,321 Common Shares. This figure comes from the Form 4’s “shares owned following transaction” field and shows his remaining ownership after the 582-share tax disposition.

What does transaction code F mean in the LA-Z-BOY (LZB) Form 4?

Transaction code F on the Form 4 indicates payment of exercise price or tax liability by delivering securities. In this case, 582 Common Shares were used at $40.30 per share, reflecting a tax-withholding disposition rather than a standard market buy or sell.

Does the LA-Z-BOY (LZB) Form 4 suggest a change in insider sentiment?

The filing shows a routine tax-withholding disposition of 582 shares, not a voluntary sale. Such transactions are typically tied to vesting or compensation events, so they provide limited insight into the insider’s personal view of LA-Z-BOY’s stock.

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

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Accepted by SEC EDGAR 06/25/2026 - 04:24 PM EDT 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^*

Linz Terrence James

(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)
	President, Wholesale Brands

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/23/2026

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	06/23/2026		F		582	D	$40.3	68,321	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	06/25/2026
	** 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)