La-Z-Boy (NYSE: LZB) director awarded 4,125 RSUs as equity pay

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

Net Buyer: 4,125 shares

Net Buy 1 txn

Insider Haider Raza Syed

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Shares F1	4,125	$0.00	$0.00

Holdings After Transaction: Common Shares — 15,766 shares (Direct)

Footnotes (1)

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

Restricted stock units granted: 4,125 RSUs Shares owned after transaction: 15,766 common shares Reported transaction price per share: $0.00 per share +2 more

5 metrics

Restricted stock units granted 4,125 RSUs Grant to director on August 27, 2026 under 2024 Omnibus Incentive Plan

Shares owned after transaction 15,766 common shares Direct holdings following the August 27, 2026 RSU grant

Reported transaction price per share $0.00 per share Form 4 entry for the RSU grant (compensation, not a market purchase)

RSU vesting period 1 year Vesting on the one-year anniversary of the August 27, 2026 award date

Settlement window 60 days RSUs will be settled in stock within 60 days following the vesting date

Key Terms

restricted stock units, economic equivalent, Omnibus Incentive Plan

3 terms

restricted stock units financial

"these restricted stock units were granted under the La-Z-Boy Incorporated 2024 Omnibus"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

economic equivalent financial

"each restricted stock unit is the economic equivalent of one share of LZB"

Omnibus Incentive Plan financial

"granted under the La-Z-Boy Incorporated 2024 Omnibus Incentive Plan"

An omnibus incentive plan is a single, flexible program a company uses to give employees and executives different types of pay tied to performance — for example stock options, restricted shares, cash bonuses and other awards — all governed by one set of rules. It matters to investors because it determines how many new shares may be created, how leaders are motivated and how much the company will spend on compensation over time; think of it as a master toolbox that affects both costs and the total share supply.

FAQ

What did LZB director Haider Raza Syed report on this Form 4?

He reported a grant of 4,125 restricted stock units of LA-Z-BOY INC (LZB) common stock on August 27, 2026, received as an equity award under the company’s 2024 Omnibus Incentive Plan.

How many LZB shares does Haider Raza Syed hold after this transaction?

After the reported RSU grant, Haider Raza Syed directly holds 15,766 common shares of LA-Z-BOY INC (LZB), as disclosed in the Form 4.

What are the key terms of the 4,125 RSUs granted to the LZB director?

The 4,125 RSUs were granted on August 27, 2026. Each RSU is the economic equivalent of one LZB common share. The RSUs vest on the one-year anniversary of the award date and will be settled in stock within 60 days following vesting.

Was the RSU grant to the LZB director a market purchase or a compensation award?

It was a compensation-related award. The Form 4 uses transaction code A, described as a grant or award acquisition, and the per-share price reported is $0.00, indicating no cash purchase.

Does this LZB Form 4 indicate any share sales by the director?

No. The filing shows one acquisition transaction (the RSU grant) and no reported sales or dispositions of LA-Z-BOY INC (LZB) shares by the director.

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

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Available on EDGAR 08/31/2026 - 04:32 PM Accepted by SEC EDGAR 08/31/2026 - 04:30 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^*

Haider Raza Syed

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/27/2026

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(1)	08/27/2026		A		4,125	A	$0	15,766	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:

1. 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.

Remarks:

	/s/ Uzma Ahmad, Attorney-in-Fact	08/31/2026
	** 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)