La-Z-Boy Form 4: 3,653 RSUs awarded to director Lauren Peters

Rhea-AI Filing Summary

La-Z-Boy insider grant: Director Lauren B. Peters was granted 3,653 restricted stock units (RSUs) on 08/28/2025 under the La-Z-Boy Incorporated 2024 Omnibus Incentive Plan. Each RSU is the economic equivalent of one share of LZB common stock and will be settled in stock within 60 days after vesting, which occurs on the one-year anniversary of the grant date. Following this grant, Ms. Peters beneficially owns 15,497 common shares of LZB. The Form 4 was signed by an attorney-in-fact on 08/29/2025.

Positive

• Grant disclosed: Reporting person received 3,653 RSUs on 08/28/2025 as recorded on Form 4
• Post-grant ownership: Beneficial ownership increased to 15,497 common shares

Negative

• None.

Insights

Financial Analyst

TL;DR: A director received 3,653 RSUs that convert to shares after one year; ownership increases to 15,497 shares.

The grant is a non-cash, time-based equity award under the company's 2024 Omnibus Incentive Plan. The RSUs are described as economically equivalent to shares and will settle in stock within 60 days after vesting on the one-year anniversary. For investors monitoring insider holdings, this transaction documents an increase in reported beneficial ownership but does not disclose cash proceeds, option exercise, or sales activity.

Corporate Governance Expert

TL;DR: Director-level equity grant documented; standard vesting and settlement terms disclosed.

The filing records a typical restricted stock unit award to a director, specifying plan source, vesting at one year, and stock settlement within 60 days after vesting. The Form 4 provides clear disclosure of the grant date, quantity, and post-transaction beneficial ownership. No amendments, disposals, or derivative instruments are reported on this form.

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^*

PETERS LAUREN B

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
08/28/2025

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(1)	08/28/2025		A		3,653	A	$0	15,497	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. On August 28, 2025, these restricted stock units were granted under the La-Z-Boy Incorporated 2024 Omnibus Incentive Plan, and each restricted stock unit is the economic equivalent of one share of LZB common stock. The restricted stock units will be settled in stock within 60 days following the vesting date, which is the one-year anniversary of the award date.

Remarks:

	/s/ Uzma Ahmad, Attorney-in-Fact	08/29/2025
	** 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

What did LZB director Lauren B. Peters receive on 08/28/2025?

She was granted 3,653 restricted stock units (RSUs) under the 2024 Omnibus Incentive Plan.

When do the RSUs granted to Lauren B. Peters vest and settle?

The RSUs vest on the one-year anniversary of the award date and will be settled in stock within 60 days after vesting.

How many LZB shares does Lauren B. Peters beneficially own after the grant?

Following the reported transaction, she beneficially owns 15,497 common shares.

Was cash consideration paid for the RSUs reported on the Form 4?

The Form 4 reports a transaction code A with a price of $0, indicating these RSUs were granted without cash purchase.

Who signed the Form 4 and when was it filed?

The filing is signed by Uzma Ahmad, Attorney-in-Fact on 08/29/2025.