Form 4: La-Z-Boy Executive Carol Young Lee Reports Stock Disposal
SEC Form 4 Filing
Carol Young Lee, VP & Chief Information Officer of La-Z-Boy, reported the disposal of 418 common shares on June 26, 2024, to cover tax obligations.
Summary
- On June 26, 2024, Carol Young Lee, VP & Chief Information Officer of La-Z-Boy Inc. (LZB), disposed of 418 common shares.
- The transaction was executed at a price of $36.74 per share.
- Following the transaction, Lee directly owns 17,199 common shares of La-Z-Boy Inc.
Sentiment
Score: 5
Explanation: This is a routine filing related to stock disposal for tax purposes, so it doesn't indicate a particularly positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track management's sentiment and actions regarding their company's stock.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares by an executive.
Key Dates
| Date | Description |
|---|---|
| 06/26/2024 | Date of the transaction (disposal of shares) |
| 06/28/2024 | Date of signature on the Form 4 filing |
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