Form 4: La-Z-Boy Exec Lucian Robert Gerard Reports Stock Transactions

Lucian Robert Gerard, Sr. Vice President & CFO of La-Z-Boy, reports multiple transactions involving common shares, including acquisitions and disposals to cover tax obligations.

Summary

• Lucian Robert Gerard, a Senior Vice President & CFO at La-Z-Boy Inc. (LZB), filed a Form 4 detailing changes in beneficial ownership.
• On June 22, 2024, Gerard disposed of 98 common shares at $37.89 to cover tax obligations.
• On June 24, 2024, Gerard acquired 12,092, 1,256, 1,578 and 2,319 common shares at $0.
• Also on June 24, 2024, Gerard disposed of 318, 635 and 306 common shares at $37.99 to cover tax obligations.
• Following these transactions, Gerard directly owns 55,505 common shares of La-Z-Boy Inc.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Positives

• The reporting person acquired a total of 17,245 shares on June 24, 2024.

Industry Context

Form 4 filings are a routine part of regulatory compliance for corporate insiders, providing transparency into their trading activities and holdings in their own company's stock.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the trading activities of a key executive.

Key Dates