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La-Z-Boy (NYSE:LZB) filed a Form 4 detailing VP, GC & Chief Compliance Officer Raphaell Z. Richmond’s 23-24 June 2025 transactions.
- Acquired: 18,846 common shares through stock awards at $0 cost.
- Disposed: 3,846 shares (code “F”) withheld for taxes at an average $38.24, ≈$146k value.
- Net change: +15,000 shares, lifting direct ownership to 41,184—an approximate 57 % increase.
- No Rule 10b5-1 plan indicated; filing made by a single reporting person.
The trades exceed the 5 % materiality threshold for insider holdings, signaling stronger executive equity alignment while keeping cash sales modest.