Form 4: La-Z-Boy Executive Robert Sundy II Reports Stock Disposal
SEC Filing
Robert Sundy II, Pres LZB Brand CCO, disposed of 678 common shares of La-Z-Boy Inc. on June 26, 2024, to cover tax obligations.
Summary
- On June 26, 2024, Robert Sundy II, the Pres LZB Brand CCO of La-Z-Boy Inc., disposed of 678 common shares.
- The transaction was executed at a price of $36.74 per share.
- Following the transaction, Sundy directly owns 36,444 common shares of La-Z-Boy Inc.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, reporting a stock disposal. It doesn't inherently convey positive or negative sentiment.
Industry Context
This is a routine Form 4 filing, indicating a change in beneficial ownership by a company insider. Such filings are common and provide transparency into the trading activities of company executives.
Stakeholder Impact
- The disposal of shares by an executive could be perceived negatively by some shareholders, but the relatively small number of shares disposed of suggests it is unlikely to have a significant impact.
Key Dates
| Date | Description |
|---|---|
| 06/26/2024 | Date of transaction: Disposal of 678 common shares. |
| 06/28/2024 | Date of signature by Attorney-in-Fact. |
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