STOCK TITAN

La-Z-Boy Executive Shows Confidence with Major Stock Acquisition

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

Rhea-AI Filing Summary

Jennifer Lynn McCurry, Chief Accounting Officer of La-Z-Boy, reported multiple transactions on June 23-24, 2025. The transactions include:

  • Multiple acquisitions totaling 7,882 shares at $0 (likely stock awards/grants)
  • Several disposals through "F" transactions (likely tax withholding): - 304, 103, 226, and 848 shares at $38.26 per share on June 23 - 193 shares at $38.14 per share on June 24

Following these transactions, McCurry's direct ownership stands at 19,359 shares. The pattern of zero-cost acquisitions followed by immediate partial disposals suggests these were planned equity compensation vestings with automatic tax withholding. No derivative securities were involved in these transactions.

Positive

  • None.

Negative

  • None.
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*
McCurry Jennifer Lynn

(Last) (First) (Middle)
ONE LA-Z-BOY DRIVE

(Street)
MONROE MI 48162

(City) (State) (Zip)
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)
Chief Accounting Officer
3. Date of Earliest Transaction (Month/Day/Year)
06/23/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 06/23/2025 A 2,806 A $0 15,957 D
Common Shares 06/23/2025 F 304 D $38.26 15,653 D
Common Shares 06/23/2025 F 103 D $38.26 15,550 D
Common Shares 06/23/2025 A 793 A $0 16,343 D
Common Shares 06/23/2025 F 226 D $38.26 16,117 D
Common Shares 06/23/2025 A 2,963 A $0 19,080 D
Common Shares 06/23/2025 F 848 D $38.26 18,232 D
Common Shares 06/23/2025 A 800 A $0 19,032 D
Common Shares 06/23/2025 A 520 A $0 19,552 D
Common Shares 06/24/2025 F 193 D $38.14 19,359 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 06/25/2025
** 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.

FAQ

How many LZB shares did Jennifer McCurry acquire on June 23, 2025?

Jennifer McCurry acquired multiple blocks of LZB shares on June 23, 2025, totaling 7,882 shares (2,806 + 793 + 2,963 + 800 + 520 shares) at $0 cost, likely as part of equity compensation.

What is Jennifer McCurry's position at La-Z-Boy (LZB)?

Jennifer McCurry serves as the Chief Accounting Officer at La-Z-Boy Inc (LZB), as disclosed in the Form 4 filing.

How many LZB shares did Jennifer McCurry dispose of through tax withholding (F code) transactions?

McCurry disposed of a total of 1,674 shares through tax withholding transactions (F code) across multiple transactions: 304 + 103 + 226 + 848 shares at $38.26 per share on June 23, 2025, and 193 shares at $38.14 per share on June 24, 2025.

What is Jennifer McCurry's total LZB share ownership after all reported transactions?

Following all reported transactions on June 23-24, 2025, Jennifer McCurry beneficially owned 19,359 shares of La-Z-Boy Inc (LZB) directly.

What was the price of LZB shares withheld for taxes in these transactions?

The shares withheld for taxes were valued at $38.26 per share for transactions on June 23, 2025, and $38.14 per share for the transaction on June 24, 2025.
La-Z-Boy Inc

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1.60B
40.00M
2.73%
105.55%
6.17%
Furnishings, Fixtures & Appliances
Household Furniture
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United States
MONROE