Form 4: La-Z-Boy Executive Carol Young Lee Reports Stock Disposal to Cover Tax Obligations
SEC Form 4 Filing
Carol Young Lee, VP & Chief Information Officer of La-Z-Boy, disposed of 147 common shares on July 15, 2024, to cover tax obligations.
Summary
- On July 15, 2024, Carol Young Lee, VP & Chief Information Officer of La-Z-Boy Inc., disposed of 147 common shares.
- The transaction was executed at a price of $40.61 per share.
- The disposal was related to covering tax obligations.
- Following the transaction, Lee directly owns 16,819 common shares of La-Z-Boy Inc.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to an insider transaction. It doesn't convey any particularly positive or negative sentiment about the company's performance or prospects.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders, like officers and directors, trade their company's stock. These filings provide transparency into insider transactions and are closely watched by investors for signals about a company's prospects.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a small disposal of shares by an executive to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 07/15/2024 | Date of the transaction where 147 common shares were disposed of. |
| 07/17/2024 | Date of signature by Attorney-in-Fact for the reporting person. |
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