Form 4: La-Z-Boy Executive Robert Sundy II Reports Stock Transactions

Robert Sundy II, Pres LZB Brand CCO of La-Z-Boy, reports multiple transactions involving common shares, including acquisitions and disposals to cover tax obligations.

Summary

• Robert Sundy II, a Pres LZB Brand CCO at La-Z-Boy Inc., filed a Form 4 detailing changes in beneficial ownership.
• On June 21, 2024, 150 common shares were disposed of at a price of $37.89.
• On June 24, 2024, there were multiple acquisitions of common shares totaling 9,827 shares at $0.
• Also on June 24, 2024, there were multiple disposals of common shares totaling 792 shares at $37.99.
• Following these transactions, Sundy directly owns 37,122 common shares.

Sentiment

Score: 5

Explanation: The document is a neutral report of stock transactions, with no inherent positive or negative sentiment.

Positives

• The reporting person increased their direct ownership of La-Z-Boy common shares to 37,122.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is standard practice for publicly traded companies.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership, but it is unlikely to be significant.

Key Dates