Form 4: LA-Z-BOY CFO Disposes of Shares for Tax Obligations Under Pre-Arranged Plan

LA-Z-BOY Inc.'s SVP and CFO, Taylor Edward Luebke, disposed of 82 common shares to cover tax withholding obligations at a price of $38.13 per share, as part of a pre-arranged Rule 10b5-1 plan.

Summary

• Taylor Edward Luebke, the Senior Vice President and Chief Financial Officer of LA-Z-BOY INC (LZB), reported a transaction involving company common shares.
• On June 21, 2025, Mr. Luebke disposed of 82 common shares at a price of $38.13 per share.
• This disposition was coded as 'F', indicating it was a transaction to satisfy tax withholding obligations related to an equity award.
• The transaction was conducted pursuant to a Rule 10b5-1(c) pre-arranged trading plan, which allows insiders to set up a predetermined plan for buying or selling company stock.
• Following this transaction, Mr. Luebke beneficially owns 13,333 common shares directly.

Sentiment

Score: 5

Explanation: The transaction is a routine disposition of shares for tax withholding purposes by an executive, which is a common occurrence and does not indicate a change in company fundamentals or executive sentiment towards the company.

Future Outlook

NA

Industry Context

This Form 4 filing is a routine disclosure of an insider transaction and does not provide information relevant to broader industry trends or competitive analysis.

Stakeholder Impact

• The transaction is a routine administrative event for tax purposes and is expected to have minimal direct impact on shareholders, employees, customers, suppliers, or creditors.

Key Dates

Keywords

LA-Z-BOY, LZB, Form 4, insider transaction, share disposition, CFO, executive compensation, tax withholding, Rule 10b5-1