LZB Form 4: Director Mark LaVigne Receives 3,653 RSUs Under 2024 Plan

Rhea-AI Filing Summary

La-Z-Boy insider grant summary: Mark Stephen LaVigne, a director of La-Z-Boy Incorporated (LZB), was granted 3,653 restricted stock units on 08/28/2025 under the La-Z-Boy 2024 Omnibus Incentive Plan. Each restricted stock unit is the economic equivalent of one share of LZB common stock and was recorded at a transaction price of $0. After the grant, the reporting person beneficially owns 12,768 shares. The RSUs vest on the one-year anniversary of the award and will be settled in stock within 60 days following the vesting date. The Form 4 was filed by one reporting person and bears the signature of Uzma Ahmad, Attorney-in-Fact, dated 08/29/2025.

Insights

Corporate Governance Expert

TL;DR: Routine equity grant to a director; governance alignment but limited immediate investor impact.

This restricted stock unit grant aligns the director's compensation with shareholder value by providing equity-based compensation rather than cash. The award vests one year from grant and settles in shares, which ties the director's economic interest to future stock performance. The transaction appears customary for director compensation and does not indicate a change in control, related-party transaction, or unusual compensation structure based on the disclosed terms.

Compensation Analyst

TL;DR: Standard RSU award with deferred settlement; modest magnitude relative to typical board grants.

The grant of 3,653 RSUs at $0 per unit reflects a standard long-term equity incentive for a director under the 2024 Omnibus Incentive Plan. Vesting at one year and settlement within 60 days after vesting is a common schedule for non-employee directors. The report shows the post-grant beneficial ownership (12,768 shares), which is useful for assessing ownership levels but does not, by itself, materially alter control or capital structure.

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
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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^*

LaVigne Mark Stephen

(Last) (First) (Middle)

C/O ENERGIZER HOLDINGS, INC.

533 MARYVILLE UNIVERSITY DRIVE

(Street)

ST. LOUIS MO 63141

(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	12,768	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

Who received the insider grant reported on the Form 4 for LZB?

The grant was made to Mark Stephen LaVigne, who is listed as a Director of La-Z-Boy Incorporated.

What was granted and when in the LZB Form 4 filed for 08/28/2025?

On 08/28/2025, 3,653 restricted stock units (RSUs) were granted under the La-Z-Boy 2024 Omnibus Incentive Plan.

How many shares does the reporting person beneficially own after the reported transaction?

Following the grant, the reporting person beneficially owns 12,768 shares.

When will the granted RSUs vest and how will they be settled?

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

Was there any cash consideration for the RSU grant reported on Form 4?

No cash was paid; the transaction price is reported as $0 per restricted stock unit.