Form 4: LA-Z-BOY CFO Reports Routine Share Dispositions for Tax Purposes

LA-Z-BOY Inc.'s Senior Vice President and Chief Financial Officer, Taylor Edward Luebke, reported the disposition of common shares in two separate transactions in late June 2025, primarily for tax withholding purposes.

Summary

• Taylor Edward Luebke, SVP and CFO of LA-Z-BOY Inc., reported two dispositions of common shares.
• On June 26, 2025, 214 common shares were disposed of at a price of $37.54 per share.
• On June 28, 2025, an additional 127 common shares were disposed of at a price of $37.96 per share.
• These transactions were marked with transaction code "F," indicating they were likely for the payment of tax liability or withholding incident to the receipt, exercise, or vesting of securities.
• Following these transactions, Taylor Edward Luebke directly beneficially owns 24,359 common shares.
• The transactions were made pursuant to a Rule 10b5-1(c) plan.

Sentiment

Score: 5

Explanation: Neutral, as the filing reports routine insider transactions (likely tax-related dispositions) that are pre-planned under a 10b5-1 plan and do not indicate a change in management's view of the company.

Positives

• The transactions were conducted under a Rule 10b5-1(c) plan, indicating they were pre-scheduled and not based on new material non-public information, which can be viewed positively as a sign of structured compliance.

Negatives

• The dispositions represent a minor reduction in the direct beneficial ownership of common shares by a key executive.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Minimal direct impact on shareholders as these are routine, small-scale dispositions by an executive, likely for tax purposes.
• No significant impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

LA-Z-BOY, LZB, Form 4, Insider Trading, Share Disposition, Executive Compensation, Taylor Edward Luebke, CFO, SEC Filing, Stock Transaction, 10b5-1 Plan