LZB President Sundy Nets 51.5K Shares After Routine Filing

Rhea-AI Filing Summary

La-Z-Boy (NYSE:LZB) filed a Form 4 disclosing routine equity transactions by Brand President & CCO Robert Sundy II.

The insider received 20,161 common shares on 06/23/2025 as stock awards/vestings at $0 cost and disposed of 3,646 shares at prices of $38.26 and $38.14 to cover withholding taxes.

Sundy’s direct ownership increased from 43,431 to 51,502 shares. The ~$0.14 million in sales represents well under the 5 % insider-holding or $1 million materiality thresholds, indicating no material impact for investors.

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 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)
	Pres LZB Brand CCO

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		8,444	A	$0	43,431	D
Common Shares	06/23/2025		F		567	D	$38.26	42,864	D
Common Shares	06/23/2025		F		233	D	$38.26	42,631	D
Common Shares	06/23/2025		A		1,734	A	$0	44,365	D
Common Shares	06/23/2025		F		496	D	$38.26	43,869	D
Common Shares	06/23/2025		A		6,479	A	$0	50,348	D
Common Shares	06/23/2025		F		1,853	D	$38.26	48,495	D
Common Shares	06/23/2025		A		2,162	A	$0	50,657	D
Common Shares	06/23/2025		A		1,342	A	$0	51,999	D
Common Shares	06/24/2025		F		497	D	$38.14	51,502	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 shares did LZB's Robert Sundy acquire on 06/23/2025?

He acquired 20,161 common shares through multiple stock-award entries, all at a stated price of $0.

How many La-Z-Boy shares did Sundy sell for tax withholding in this Form 4?

The filing shows 3,646 shares sold: 3,149 at $38.26 on 06/23/2025 and 497 at $38.14 on 06/24/2025.

What is Robert Sundy’s total direct ownership after the reported transactions?

Following the transactions, Sundy directly owns 51,502 common shares of La-Z-Boy.

Were Sundy’s transactions executed under a Rule 10b5-1 trading plan?

The Form 4 does not indicate that the transactions were made pursuant to a Rule 10b5-1(c) plan.