Tax withholding trims La-Z-Boy (NYSE: LZB) executive share holdings

Rhea-AI Filing Summary

LA-Z-BOY INC executive Robert Sundy II, President, Retail, reported routine share dispositions tied to tax obligations rather than open-market trading. On June 26, 2026, 683 Common Shares were withheld at $40.95 per share, and on June 28, 2026, a further 296 shares were withheld at the same price to satisfy tax liabilities by delivering securities.

After these tax-withholding dispositions, Sundy directly holds 64,297 Common Shares. These events reflect compensation-related share withholding and do not represent discretionary open-market buying or selling.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Sundy Robert II

Role President, Retail

Type	Security	Shares	Price	Value
Tax Withholding	Common Shares	296	$40.95	$12K
Tax Withholding	Common Shares	683	$40.95	$28K

Holdings After Transaction: Common Shares — 64,297 shares (Direct, null)

Footnotes (1)

Key Figures

Tax-withheld shares June 26, 2026: 683 shares Tax-withheld shares June 28, 2026: 296 shares Total tax-withheld shares: 979 shares +2 more

5 metrics

Tax-withheld shares June 26, 2026 683 shares Common Shares delivered for tax liability at $40.95

Tax-withheld shares June 28, 2026 296 shares Common Shares delivered for tax liability at $40.95

Total tax-withheld shares 979 shares Sum of F-code tax-withholding dispositions

Transaction price per share $40.95 per share Valuation used for tax-withholding dispositions

Shares held after final transaction 64,297 shares Direct Common Share holdings after June 28, 2026

Key Terms

tax-withholding disposition, Common Shares, Payment of exercise price or tax liability by delivering securities, Form 4

4 terms

tax-withholding disposition financial

"Each transaction is classified as a tax-withholding disposition of 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.

Common Shares financial

"Both Form 4 entries involve LA-Z-BOY INC 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

"The transaction code description states Payment of exercise price or tax liability by delivering securities."

Form 4 regulatory

"The insider activity is reported on Form 4 for LA-Z-BOY INC."

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.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/29/2026 - 07:35 PM Accepted by SEC EDGAR 06/29/2026 - 07:34 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^*

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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/26/2026

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	06/26/2026		F		683	D	$40.95	64,593	D
Common Shares	06/28/2026		F		296	D	$40.95	64,297	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	06/29/2026
	** 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) executive Robert Sundy II report?

Robert Sundy II reported routine tax-related share dispositions, not open-market trading. Two Form 4 entries show Common Shares delivered to cover tax obligations, classified as “tax-withholding disposition” rather than discretionary purchases or sales in the open market.

How many LA-Z-BOY (LZB) shares were withheld for taxes in this Form 4?

A total of 979 Common Shares were withheld for tax obligations. This includes 683 shares on June 26, 2026 and 296 shares on June 28, 2026, each at a transaction price of $40.95 per share.

At what price were the LA-Z-BOY (LZB) tax-withheld shares valued?

Both tax-withholding dispositions used a transaction price of $40.95 per Common Share. This price is applied solely for calculating the value of shares delivered to satisfy tax liabilities and does not necessarily represent an open-market trade price.

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

Following the tax-withholding dispositions, Robert Sundy II directly holds 64,297 Common Shares. This figure reflects his remaining direct ownership after delivering 979 shares to satisfy tax obligations through share withholding.

Do these LA-Z-BOY (LZB) Form 4 entries indicate that the executive sold shares on the market?

No, the Form 4 entries are coded “F” for tax-withholding disposition. They represent shares delivered to pay tax liabilities, described as “Payment of exercise price or tax liability by delivering securities,” rather than discretionary open-market sales.

What is Robert Sundy II’s role at LA-Z-BOY (LZB) mentioned in this filing?

The filing identifies Robert Sundy II as an officer of LA-Z-BOY with the title President, Retail. The reported Form 4 transactions relate to his compensation-related share withholding, reflecting his position within the company’s leadership team.