STOCK TITAN

[Form 4] LA-Z-BOY INC Insider Trading Activity

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

LA-Z-BOY INC executive Robert Sundy II, President of Retail, reported a small share disposition related to tax withholding. On this Form 4, 604 Common Shares were withheld at a price of $40.30 per share to satisfy tax obligations rather than sold on the open market. After this transaction, Sundy directly holds 65,773 Common Shares.

Positive

  • None.

Negative

  • None.
Insider Sundy Robert II
Role President, Retail
Type Security Shares Price Value
Tax Withholding Common Shares 604 $40.30 $24K
Holdings After Transaction: Common Shares — 65,773 shares (Direct, null)
Footnotes (1)
Tax-withholding shares 604 shares Shares delivered to satisfy tax liability
Tax-withholding price $40.30 per share Value used for 604-share tax-withholding disposition
Shares held after transaction 65,773 shares Direct Common Share holdings following Form 4 transaction
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.
Payment of exercise price or tax liability by delivering securities financial
"transaction_code_description: "Payment of exercise price or tax liability by delivering securities""
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SEC Form 4
FORM 4UNITED 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*
Sundy Robert II

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
President, Retail
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/23/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Shares06/23/2026F604D$40.365,773D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
Remarks:
/s/ Uzma Ahmad, Attorney-in-Fact06/25/2026
** Signature of Reporting PersonDate
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 Robert Sundy II?

LA-Z-BOY reported that Robert Sundy II had 604 Common Shares withheld to cover tax obligations. The shares were valued at $40.30 each and represent a routine tax-withholding disposition rather than an open-market sale.

Was the LA-Z-BOY (LZB) insider transaction an open-market sale?

No, the transaction was a tax-withholding disposition coded "F," not an open-market sale. Shares were delivered to cover tax liability, a common administrative event when equity awards vest or are exercised.

How many LA-Z-BOY (LZB) shares were involved in the tax withholding?

The filing shows 604 Common Shares used to satisfy tax obligations at a reported price of $40.30 per share. This is a relatively small transaction compared with the executive’s remaining direct holdings.

How many LA-Z-BOY (LZB) shares does Robert Sundy II hold after the transaction?

Following the tax-withholding disposition, Robert Sundy II directly holds 65,773 Common Shares. This figure reflects his position after 604 shares were delivered to cover tax liability on the reported date.

What does transaction code "F" mean in the LA-Z-BOY (LZB) Form 4?

Transaction code "F" on the Form 4 indicates payment of exercise price or tax liability by delivering securities. In this case, 604 shares were used to satisfy tax obligations, not to execute an open-market sale.