La-Z-Boy executive sells 2,500 company shares

LA-Z-BOY INC reported an insider share sale by executive Terrence James Linz, President, Wholesale Brands.

Rhea-AI Filing Summary

LA-Z-BOY INC reported an insider share sale by executive Terrence James Linz, President, Wholesale Brands. On June 30, 2026, he executed an open-market sale of 2,500 common shares at a weighted average price of $40.2308 per share. Following this transaction, he directly holds 64,383 common shares. The shares were sold in multiple trades at prices ranging from $40.2301 to $40.255 per share.

Insider Trade Summary

Net Seller: 2,500 shares

Net Sell 1 txn

Insider Linz Terrence James

Role President, Wholesale Brands

Sold 2,500 shs ($101K)

Type	Security	Shares	Price	Value
Sale	Common Shares	2,500	$40.2308	$101K

Holdings After Transaction: Common Shares — 64,383 shares (Direct)

Footnotes (1)

1. F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.2301 to $40.255, 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 herein.

Key Figures

Shares sold: 2,500 shares Weighted average sale price: $40.2308 per share Post-transaction holdings: 64,383 shares +1 more

4 metrics

Shares sold 2,500 shares Open-market sale of common shares on June 30, 2026

Weighted average sale price $40.2308 per share Average price across multiple sale transactions

Post-transaction holdings 64,383 shares Common shares directly owned after sale

Sale price range $40.2301–$40.255 per share Range of prices for the multiple sale trades

Key Terms

open-market sale, weighted average price, non-derivative, common shares

4 terms

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.

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.

non-derivative financial

""transaction_type": "non-derivative""

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.

FAQ

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

What insider transaction did La-Z-Boy (LZB) disclose in this Form 4?

La-Z-Boy disclosed that executive Terrence James Linz completed an open-market sale of common shares. He sold 2,500 La-Z-Boy common shares on June 30, 2026, as reported in the Form 4 insider trading filing.

How many La-Z-Boy (LZB) shares did Terrence James Linz sell?

Terrence James Linz sold 2,500 La-Z-Boy common shares. The transaction was reported as a non-derivative open-market sale and represents the total number of shares disposed of in this specific Form 4 filing.

At what price were the La-Z-Boy (LZB) shares sold in this insider trade?

The shares were sold at a weighted average price of $40.2308 per share. According to the footnote, multiple trades occurred in a narrow range between $40.2301 and $40.255 per share during the transaction.

How many La-Z-Boy (LZB) shares does Terrence James Linz hold after this sale?

After the reported sale, Terrence James Linz directly holds 64,383 La-Z-Boy common shares. This post-transaction balance reflects his remaining direct ownership following the 2,500-share open-market sale disclosed in the Form 4.

Was the La-Z-Boy (LZB) insider sale a single trade or multiple trades?

The sale consisted of multiple trades, not a single transaction. The filing explains that shares were sold at various prices between $40.2301 and $40.255, with $40.2308 disclosed as the weighted average sale price for the 2,500 shares.

What is the role of Terrence James Linz at La-Z-Boy (LZB)?

Terrence James Linz serves as La-Z-Boy’s President, Wholesale Brands. His officer status is indicated in the Form 4, which identifies him as an executive of the company involved in this open-market sale of 2,500 common shares.

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Accepted by SEC EDGAR 07/01/2026 - 05:51 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).

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^*

Linz Terrence James

(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, Wholesale Brands

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026

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	06/30/2026		S		2,500	D	$40.2308(1)	64,383	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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.2301 to $40.255, 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 herein.

Remarks:

	/s/ Uzma Ahmad, Attorney-in-Fact	07/01/2026
	** 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)