STOCK TITAN

LA-Z-BOY (LZB) Chief Accounting Officer sells 3,715 shares and covers taxes

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

LA-Z-BOY INC Chief Accounting Officer Jennifer Lynn McCurry reported an open-market sale of company stock and a small tax-related share disposition. On June 25, 2026, she sold 3,715 Common Shares at a weighted average price of $41.0527 per share in multiple transactions, and held 16,763 shares afterward.

On June 24, 2026, 193 Common Shares were disposed of at $41.85 per share to cover tax obligations, a routine tax-withholding event rather than a market sale. These transactions reflect a partial reduction of her direct holdings while maintaining a remaining equity stake in the company.

Positive

  • None.

Negative

  • None.
Insider McCurry Jennifer Lynn
Role Chief Accounting Officer
Sold 3,715 shs ($153K)
Type Security Shares Price Value
Sale Common Shares 3,715 $41.0527 $153K
Tax Withholding Common Shares 193 $41.85 $8K
Holdings After Transaction: Common Shares — 16,763 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Open-market sale shares 3,715 shares Common Shares sold on June 25, 2026
Weighted average sale price $41.0527 per share Open-market sale on June 25, 2026
Tax-withholding shares 193 shares Tax-withholding disposition on June 24, 2026
Tax-withholding price $41.85 per share Tax-withholding disposition on June 24, 2026
Shares held after sale 16,763 shares Direct ownership after June 25, 2026 sale
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
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.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
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Learn about SEC filing dates
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*
McCurry Jennifer Lynn

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Accounting Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/24/2026
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 Shares06/24/2026F193D$41.8520,478D
Common Shares06/25/2026S3,715D$41.0527(1)16,763D
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:
1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.0501 to $41.08, inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
Remarks:
/s/ Uzma Ahmad, Attorney-in-Fact06/26/2026
** 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 transactions did LA-Z-BOY (LZB) report for Jennifer Lynn McCurry?

LA-Z-BOY reported that Chief Accounting Officer Jennifer Lynn McCurry sold 3,715 Common Shares in the open market and had 193 shares disposed of for tax withholding. These actions modestly reduced her direct share holdings while leaving a significant remaining position.

How many LA-Z-BOY (LZB) shares did the Chief Accounting Officer sell and at what price?

On June 25, 2026, Jennifer Lynn McCurry sold 3,715 LA-Z-BOY Common Shares at a weighted average price of $41.0527. The filing notes these shares were sold in multiple transactions within a tight price range between $41.0501 and $41.08 per share.

What was the purpose of the 193-share disposition reported for LA-Z-BOY (LZB)?

The 193-share disposition on June 24, 2026 was for tax withholding, not an open-market sale. Shares were delivered at $41.85 per share to satisfy tax obligations associated with an equity event, a common administrative mechanism rather than a discretionary trade.

How many LA-Z-BOY (LZB) shares does Jennifer Lynn McCurry hold after these transactions?

Following the June 25, 2026 open-market sale, Jennifer Lynn McCurry directly holds 16,763 LA-Z-BOY Common Shares. This figure reflects her remaining ownership after the 3,715-share sale and the earlier 193-share tax-withholding disposition reported in the Form 4 filing.

What does the weighted average sale price mean in the LA-Z-BOY (LZB) Form 4 filing?

The weighted average price of $41.0527 means the 3,715 shares were sold across multiple trades between $41.0501 and $41.08. The average price reflects all those trades combined, and detailed per-trade pricing is available upon request from the issuer or the SEC staff.