La-Z-Boy (LZB) HR chief covers tax liability with 408 company shares

Rhea-AI Filing Summary

La-Z-Boy Inc. VP & Chief HR Officer Katherine E. Vanderjagt had 408 Common Shares disposed of to cover tax liabilities, at a price of $41.85 per share. This was reported as a tax-withholding disposition, not an open-market trade. After this event, she directly holds 57,106 Common Shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Vanderjagt Katherine E.

Role VP & Chief HR Officer

Type	Security	Shares	Price	Value
Tax Withholding	Common Shares	408	$41.85	$17K

Holdings After Transaction: Common Shares — 57,106 shares (Direct, null)

Footnotes (1)

Key Figures

Tax-withholding shares: 408 shares Transaction price: $41.85 per share Post-transaction holdings: 57,106 shares

3 metrics

Tax-withholding shares 408 shares Common Shares disposed to cover tax liability

Transaction price $41.85 per share Value used for tax-withholding disposition

Post-transaction holdings 57,106 shares Direct Common Shares held after transaction

Key Terms

tax-withholding disposition, Common Shares, Form 4

3 terms

tax-withholding disposition financial

"had 408 Common Shares disposed of to cover tax liabilities"

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

"408 Common Shares disposed of to cover tax liabilities"

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.

Form 4 regulatory

"reported insider transaction in a Form 4 filing"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/26/2026 - 04:45 PM Accepted by SEC EDGAR 06/26/2026 - 04:45 PM 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^*

Vanderjagt Katherine E.

(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)
	VP & Chief HR Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/24/2026

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	06/24/2026		F		408	D	$41.85	57,106	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	06/26/2026
	** 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)

FAQ

What insider transaction did La-Z-Boy (LZB) report for Katherine E. Vanderjagt?

La-Z-Boy reported that VP & Chief HR Officer Katherine E. Vanderjagt had 408 Common Shares disposed of to satisfy tax obligations. The transaction used existing shares and was not an open-market trade, reflecting routine tax-withholding activity tied to her equity compensation.

How many La-Z-Boy (LZB) shares were involved in the latest insider tax-withholding?

The filing shows 408 La-Z-Boy Common Shares were used to cover tax liabilities. These shares were treated as a tax-withholding disposition at a price of $41.85 per share, a small portion of the executive’s overall direct share holdings.

What price per share was used in the La-Z-Boy (LZB) insider tax-withholding transaction?

The tax-withholding disposition was reported at $41.85 per La-Z-Boy Common Share. This price is used in the filing to calculate the value of the 408 shares applied toward tax obligations on the executive’s equity-related income.

How many La-Z-Boy (LZB) shares does Katherine E. Vanderjagt hold after the transaction?

Following the tax-withholding disposition, Katherine E. Vanderjagt directly holds 57,106 La-Z-Boy Common Shares. This post-transaction balance indicates that the 408 shares used for taxes represent a relatively small fraction of her total direct ownership position.

Was the recent La-Z-Boy (LZB) insider transaction a market sale of shares?

No, the transaction was categorized as a tax-withholding disposition, not an open-market sale. Shares were delivered to cover tax liabilities associated with equity compensation, a common administrative mechanism that does not reflect a discretionary sale into the public market.