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La-Z-Boy (LZB) Retail President reports stock grants and tax withholding

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

Rhea-AI Filing Summary

LA-Z-BOY INC President, Retail Robert Sundy II reported multiple stock-based compensation awards and related tax withholding transactions in Common Shares. On June 22, 2026, he received several grants of shares at no cost and had shares withheld at $39.99 per share to cover tax obligations, with no open-market purchases or sales reported.

Positive

  • None.

Negative

  • None.
Insider Sundy Robert II
Role President, Retail
Type Security Shares Price Value
Grant/Award Common Shares 8,485 $0.00 --
Tax Withholding Common Shares 401 $39.99 $16K
Tax Withholding Common Shares 619 $39.99 $25K
Grant/Award Common Shares 1,942 $0.00 --
Tax Withholding Common Shares 556 $39.99 $22K
Grant/Award Common Shares 5,392 $0.00 --
Tax Withholding Common Shares 1,543 $39.99 $62K
Grant/Award Common Shares 1,493 $0.00 --
Grant/Award Common Shares 1,660 $0.00 --
Holdings After Transaction: Common Shares — 59,009 shares (Direct, null)
Footnotes (1)
Share grant 1,660 Common Shares Grant/award acquisition on June 22, 2026
Share grant 1,493 Common Shares Grant/award acquisition on June 22, 2026
Share grant 5,392 Common Shares Grant/award acquisition on June 22, 2026
Share grant 1,942 Common Shares Grant/award acquisition on June 22, 2026
Share grant 8,485 Common Shares Grant/award acquisition on June 22, 2026
Tax withholding shares 3,119 Common Shares Withheld for taxes at $39.99 per share
Tax withholding price $39.99 per share Price used for F-coded tax-withholding dispositions
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.
grant/award acquisition financial
"transaction_action": "grant/award acquisition""
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.
Payment of exercise price or tax liability by delivering securities financial
"transaction_code_description": "Payment of exercise price or tax liability by delivering securities""
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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*
Sundy Robert II
(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
President, Retail
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 Shares06/22/2026A8,485A$059,009D
Common Shares06/22/2026F401D$39.9958,608D
Common Shares06/22/2026F619D$39.9957,989D
Common Shares06/22/2026A1,942A$059,931D
Common Shares06/22/2026F556D$39.9959,375D
Common Shares06/22/2026A5,392A$064,767D
Common Shares06/22/2026F1,543D$39.9963,224D
Common Shares06/22/2026A1,493A$064,717D
Common Shares06/22/2026A1,660A$066,377D
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

FAQ

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

He reported multiple stock-based compensation grants and related tax withholding transactions in Common Shares on June 22, 2026. These were awards at no cost and shares withheld to satisfy tax liabilities, not open-market purchases or sales.

How many LA-Z-BOY (LZB) shares were withheld for taxes for Robert Sundy?

A total of 3,119 Common Shares were withheld for tax obligations. These tax-withholding dispositions occurred at a reported price of $39.99 per share, reflecting payment of tax liability rather than discretionary open-market selling activity.

What types of transactions are shown for Robert Sundy in LA-Z-BOY’s Form 4?

The Form 4 shows grant/award acquisitions coded “A” and tax-withholding dispositions coded “F.” The A-coded entries represent share awards at no cost, while the F-coded entries reflect shares delivered to cover tax liabilities on those awards.

Did LA-Z-BOY (LZB) executive Robert Sundy sell shares in the open market?

No open-market sales are reported. The only dispositions are F-coded tax-withholding transactions, where shares were delivered at $39.99 per share to pay tax liabilities related to equity awards, not discretionary market sales.

What role does Robert Sundy hold at LA-Z-BOY (LZB) in this filing?

He is identified as President, Retail of LA-Z-BOY INC. The Form 4 reflects his compensation-related equity activity, including grants of Common Shares and associated tax-withholding dispositions, reported as direct ownership transactions.