La-Z-Boy director sells 3,653 shares at $31.75

A La-Z-Boy director sold 3,653 shares under a pre-arranged Rule 10b5-1 trading plan and continues to hold 4,125 shares directly.

Rhea-AI Filing Summary

LA-Z-BOY INC (LZB) director Janet Kerr reported selling 3,653 common shares on September 8, 2026 in an open-market or private sale at a weighted average price of $31.7545 per share. The transaction was effected under a Rule 10b5-1 trading plan adopted on March 12, 2026, and she now holds 4,125 shares directly.

Insider Trade Summary 10b5-1

Net Seller: 3,653 shares

Net Sell 1 txn

Insider KERR JANET

Role Director

Sold 3,653 shs ($116K)

Type	Security	Shares	Price	Value
Sale	Common Shares F1, F2	3,653	$31.7545	$116K

Holdings After Transaction: Common Shares — 4,125 shares (Direct)

Footnotes (2)

1. F1. The sales reported on this line of the Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 12, 2026, in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
2. F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $31.75 to $31.77, inclusive. The reporting person undertakes to provide the issuer, any security holder of 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 in this footnote.

Key Figures

Shares sold: 3,653 shares Weighted average sale price: $31.7545 per share Shares held after transaction: 4,125 shares

3 metrics

Shares sold 3,653 shares Common shares sold by director Janet Kerr on September 8, 2026

Weighted average sale price $31.7545 per share Open-market or private sale, prices ranged from $31.75 to $31.77

Shares held after transaction 4,125 shares Direct holdings of Janet Kerr following the reported sale

Key Terms

Rule 10b5-1 trading plan, weighted average price, Securities Exchange Act of 1934

3 terms

Rule 10b5-1 trading plan regulatory

"The sales reported ... were effected pursuant to a Rule 10b5-1 trading plan"

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

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.

Securities Exchange Act of 1934 regulatory

"in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did LA-Z-BOY INC (LZB) report for director Janet Kerr?

Director Janet Kerr reported a sale of 3,653 common shares of LA-Z-BOY INC on September 8, 2026. The sale was reported as an open-market or private transaction under code “S.”

At what price were the LA-Z-BOY (LZB) shares sold by the director?

The filing reports a weighted average price of $31.7545 per share. A footnote explains the shares were sold in multiple trades between $31.75 and $31.77 per share, inclusive.

How many LA-Z-BOY (LZB) shares does Janet Kerr hold after this transaction?

After the reported sale, Janet Kerr directly holds 4,125 common shares of LA-Z-BOY INC. This post-transaction holding is disclosed in the Form 4 table.

Was the LA-Z-BOY (LZB) insider sale made under a Rule 10b5-1 plan?

Yes. A footnote states the reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by Janet Kerr on March 12, 2026, in accordance with the Securities Exchange Act of 1934.

How many LA-Z-BOY (LZB) insider transactions are reported in this Form 4?

This Form 4 reports one non-derivative transaction: a sale of 3,653 common shares on September 8, 2026. No derivative security transactions are reported.

Does the Form 4 indicate any remaining derivative positions for LA-Z-BOY (LZB) held by the director?

No. The derivative security section in this Form 4 is empty, and the derivative summary shows no reported derivative transactions or holdings in this filing.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Available on EDGAR 09/09/2026 - 08:06 PM EDT Accepted by SEC EDGAR 09/09/2026 - 08:06 PM EDT 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).

X

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^*

KERR JANET

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/08/2026

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	09/08/2026		S(1)		3,653	D	$31.7545(2)	4,125	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:

1. The sales reported on this line of the Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 12, 2026, in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.

2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $31.75 to $31.77, inclusive. The reporting person undertakes to provide the issuer, any security holder of 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 in this footnote.

Remarks:

	/s/ Uzma Ahmad, Attorney-in-Fact	09/09/2026
	** 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)