Form 4: La-Z-Boy Executive Rebecca M. Reeder Reports Stock Disposal
SEC Form 4 Filing
Rebecca M. Reeder, Pres., Retail LZB Furn. Gall. of La-Z-Boy Inc., disposed of 1,333 common shares on June 26, 2024, to cover tax obligations.
Summary
- On June 26, 2024, Rebecca M. Reeder, Pres., Retail LZB Furn. Gall. of La-Z-Boy Inc. disposed of 1,333 common shares.
- The transaction was executed at a price of $36.74 per share.
- Following the transaction, Reeder directly owns 25,814 common shares of La-Z-Boy Inc.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it is a standard disclosure of stock disposal for tax purposes. It doesn't inherently indicate positive or negative performance for the company.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a small percentage of the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 06/26/2024 | Date of transaction: Rebecca M. Reeder disposed of 1,333 common shares. |
| 06/28/2024 | Date of signature on the Form 4 filing. |
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