La-Z-Boy Insider Tax-Withholding: 85 Shares at $38.13, Ownership Now 13,151

Rhea-AI Filing Summary

La-Z-Boy Incorporated (LZB) – Form 4 insider transaction

Chief Accounting Officer Jennifer Lynn McCurry reported a single transaction dated 21 June 2025. Transaction code “F” indicates shares were withheld by the company to cover taxes associated with equity compensation.

• Shares involved: 85 common shares
• Price used for withholding: $38.13 per share
• Disposition / acquisition: Classified as a disposition (shares withheld)
• Remaining direct ownership: 13,151 common shares after the transaction

No derivative securities were listed, and there were no other transactions or changes in indirect ownership. Given the small size (≈0.6% of Ms. McCurry’s reported holdings and immaterial relative to La-Z-Boy’s float), the filing is routine and does not signal a strategic change or new information about company fundamentals.

Insights

Financial Analyst

TL;DR: Routine tax-withholding of 85 shares; immaterial impact on LZB.

The Form 4 shows Ms. McCurry surrendered 85 shares valued at $38.13 each to satisfy tax obligations on vested equity. Her post-transaction stake remains sizeable at 13,151 shares, so her exposure to LZB is largely unchanged. The tiny volume (<$3,300) does not provide insight into management’s outlook or operational performance. Investors typically disregard such filings unless they represent larger sales or pattern changes. Overall, the disclosure is neutral with no valuation effect.

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)
06/21/2025

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	06/21/2025		F		85	D	$38.13	13,151	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	06/24/2025
	** 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 La-Z-Boy (LZB) shares did the insider transact?

The filing reports 85 common shares involved in the transaction.

What was the nature of the transaction reported by La-Z-Boy’s CAO?

Code F denotes shares were withheld to cover taxes on equity compensation, effectively a small disposition.

What is Jennifer McCurry’s shareholding after the transaction?

She directly owns 13,151 common shares of La-Z-Boy.

Does this Form 4 indicate a major change in insider ownership at LZB?

No. The transaction is routine and involves less than 1% of the insider’s holdings, so it is not a major change.

Was any derivative security activity reported in this Form 4?

No derivative securities were listed; only common shares were involved.