La-Z-Boy director gets 4,125 restricted stock units
LA-Z-BOY INC (LZB) director Haider Raza Syed reported an acquisition of equity-based compensation.
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Rhea-AI Filing Summary
LA-Z-BOY INC (LZB) director Haider Raza Syed reported an acquisition of equity-based compensation. On August 27, 2026, he received 4,125 restricted stock units (RSUs) of LZB common stock under the 2024 Omnibus Incentive Plan, bringing his direct holdings to 15,766 common shares. Each RSU is the economic equivalent of one common share and will vest on the one-year anniversary of the award date, with settlement in stock within 60 days after vesting.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares F1 | 4,125 | $0.00 | $0.00 |
Footnotes (1)
- F1. On August 27, 2026, these restricted stock units were granted under the La-Z-Boy Incorporated 2024 Omnibus Incentive Plan, and each restricted stock unit is the economic equivalent of one share of LZB common stock. The restricted stock units will be settled in stock within 60 days following the vesting date, which is the one-year anniversary of the award date.
Key Figures
Key Terms
restricted stock units financial
economic equivalent financial
Omnibus Incentive Plan financial
FAQ
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What did LZB director Haider Raza Syed report on this Form 4?
What are the key terms of the 4,125 RSUs granted to the LZB director?
Was the RSU grant to the LZB director a market purchase or a compensation award?
AI-generated analysis. How Rhea-AI works. Not financial advice.