LA-Z-BOY (LZB) VP and General Counsel reports 489-share tax withholding

Rhea-AI Filing Summary

LA-Z-BOY INC executive Raphaell Z. Richmond, VP, General Counsel and Chief Compliance Officer, reported a small tax-related share disposition. On a Form 4, 489 Common Shares were used to satisfy tax obligations at a value of $40.30 per share. After this non-market tax-withholding transaction, Richmond directly holds 53,094 Common Shares, indicating that the filing reflects routine compensation-related administration rather than an open-market trade.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Richmond Raphaell Z.

Role VP, GC & Chief Compliance Off

Type	Security	Shares	Price	Value
Tax Withholding	Common Shares	489	$40.30	$20K

Holdings After Transaction: Common Shares — 53,094 shares (Direct, null)

Footnotes (1)

Key Figures

Tax-withholding shares: 489 Common Shares Implied share value: $40.30 per share Shares held after transaction: 53,094 Common Shares +1 more

4 metrics

Tax-withholding shares 489 Common Shares Shares delivered for tax obligations

Implied share value $40.30 per share Value for 489-share tax-withholding disposition

Shares held after transaction 53,094 Common Shares Direct holdings of Raphaell Z. Richmond after Form 4 event

Transaction code F Payment of tax liability by delivering securities

Key Terms

tax-withholding disposition, Common Shares, Form 4, transaction code F

4 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.

Form 4 regulatory

"INSIDER FILING DATA (Form 4):"

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.

transaction code F regulatory

""transaction_code": "F""

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/25/2026 - 04:40 PM Accepted by SEC EDGAR 06/25/2026 - 04:40 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^*

Richmond Raphaell Z.

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	VP, GC & Chief Compliance Off

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		489	D	$40.3	53,094	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)

FAQ

What insider transaction did LA-Z-BOY (LZB) report for Raphaell Z. Richmond?

LA-Z-BOY reported that executive Raphaell Z. Richmond disposed of 489 Common Shares through a tax-withholding transaction. This was recorded on a Form 4 and reflects shares delivered to cover tax obligations rather than an open-market sale.

How many LA-Z-BOY (LZB) shares were used for tax withholding in this Form 4?

The Form 4 shows 489 LA-Z-BOY Common Shares were used for tax withholding at $40.30 per share. This transaction is classified as a tax-withholding disposition, not a traditional market sale of shares.

What is Raphaell Z. Richmond’s role at LA-Z-BOY (LZB) in this Form 4?

Raphaell Z. Richmond is identified as Vice President, General Counsel and Chief Compliance Officer of LA-Z-BOY. The Form 4 reports a routine compensation-related tax-withholding share disposition associated with this executive’s holdings.

How many LA-Z-BOY (LZB) shares does Raphaell Z. Richmond hold after the transaction?

Following the tax-withholding disposition of 489 Common Shares, Raphaell Z. Richmond directly holds 53,094 LA-Z-BOY Common Shares. This post-transaction figure shows the executive retains a substantial equity position after the routine tax event.

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

The transaction was a tax event, not an open-market sale. The Form 4 classifies it with code F, indicating 489 Common Shares were delivered to satisfy tax liabilities, a standard compensation-related withholding mechanism.