LA-Z-BOY (LZB) accounting chief uses 201 shares to cover tax liability
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LA-Z-BOY INC Chief Accounting Officer handles tax withholding via shares. Chief Accounting Officer Jennifer Lynn McCurry had 201 Common Shares disposed of on June 23, 2026 at $40.30 per share to cover tax obligations. After this routine tax-withholding disposition, she directly holds 20,671 Common Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
McCurry Jennifer Lynn
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Shares | 201 | $40.30 | $8K |
Holdings After Transaction:
Common Shares — 20,671 shares (Direct, null)
Footnotes (1)
Key Figures
Tax-withholding shares: 201 shares
Transaction price: $40.30 per share
Shares after transaction: 20,671 shares
+1 more
4 metrics
Tax-withholding shares
201 shares
Common Shares disposed for tax liability on June 23, 2026
Transaction price
$40.30 per share
Value assigned to 201 Common Shares in tax-withholding disposition
Shares after transaction
20,671 shares
Total Common Shares directly owned by McCurry post-transaction
Tax-withholding transactions
1 transaction, 201 shares
Summary of F-code tax-withholding activity in this Form 4
Key Terms
tax-withholding disposition, Payment of exercise price or tax liability by delivering securities, Common Shares, Form 4
4 terms
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" for 201 Common Shares"
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 explains the nature of the F-code transaction"
Form 4 regulatory
"INSIDER FILING DATA (Form 4) describes this insider report"
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.
FAQ
What did LA-Z-BOY (LZB) executive Jennifer McCurry report in this Form 4?
Jennifer Lynn McCurry, LA-Z-BOY’s Chief Accounting Officer, reported a tax-withholding disposition of 201 Common Shares. The shares were used to satisfy tax obligations, and she continues to hold 20,671 Common Shares directly after the transaction.
Was the LA-Z-BOY (LZB) Form 4 transaction an open-market sale?
No, the transaction was not an open-market sale. It was coded “F,” meaning shares were disposed of to pay tax liability by delivering securities, a routine tax-withholding action rather than a discretionary market trade.