Form 4: La-Z-Boy Executive Katherine E. Vanderjagt Reports Stock Disposal
SEC Form 4 Filing
Katherine E. Vanderjagt, VP & Chief HR Officer of La-Z-Boy, reported disposing of 530 common shares to cover tax obligations.
Summary
- On June 26, 2024, Katherine E. Vanderjagt, VP & Chief HR Officer of La-Z-Boy Inc., disposed of 530 common shares.
- The transaction was executed at a price of $36.74 per share.
- Following the transaction, Vanderjagt directly owns 32,570 common shares of La-Z-Boy Inc.
Sentiment
Score: 5
Explanation: This is a routine disclosure of a stock transaction by an officer. The sentiment is neutral as it doesn't indicate any significant positive or negative outlook for the company.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders, like officers and directors, trade their company's stock. These filings are closely watched by investors for insights into management's perspective on the company's valuation and future prospects.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it represents a small percentage of the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 06/26/2024 | Date of transaction: Disposal of common shares |
| 06/28/2024 | Date of signature by Attorney-in-Fact |
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