Form 4: La-Z-Boy Executive Trades Common Shares
Statement of Changes in Beneficial Ownership
Katherine E. Vanderjagt, VP & Chief HR Officer of La-Z-Boy Inc., reported transactions involving common shares on June 22, 2026.
Summary
- Katherine E. Vanderjagt, VP & Chief HR Officer at La-Z-Boy Inc., engaged in several transactions involving the company's common shares on June 22, 2026.
- These transactions included the acquisition of 6,887 shares at $0 cost, followed by the disposal of 311 shares at $39.99 each.
- Further acquisitions of 4,214 and 1,519 shares were made at $0 cost.
- Disposals of 1,206 and 435 shares at $39.99 each were also reported.
- Additional acquisitions of 1,224 and 1,318 shares were made at $0 cost.
- Following these transactions, Vanderjagt beneficially owns 57,994 common shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this filing as neutral, as it primarily details routine insider transactions related to compensation rather than significant strategic shifts or performance indicators.
Positives
- Acquisition of a significant number of shares (6,887, 4,214, 1,224, 1,318, 1,519) at no cost, indicating potential equity-based compensation or grants.
- The reporting person's total beneficial ownership remains substantial at 57,994 shares after the reported transactions.
Negatives
- Disposal of a total of 2,390 shares at a price of $39.99 per share, suggesting some executives may be selling portions of their holdings.
Future Outlook
No specific future outlook or guidance is provided in this Form 4 filing, which primarily reports past transactions.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions. The pattern of acquisitions at zero cost followed by sales at market price is common for executive compensation plans, but significant sales by insiders can sometimes be interpreted by the market as a lack of confidence, though this filing shows net acquisition of shares.
Stakeholder Impact
- Shareholders: The transactions may be interpreted by some shareholders as a signal, though the net effect on ownership is an increase for the reporting person.
- Employees: The acquisition of shares at $0 cost suggests a component of executive compensation tied to equity.
- Management: The filing is a routine disclosure for management personnel involved in stock transactions.
Key Dates
| Date | Description |
|---|---|
| 06/22/2026 | Date of earliest transaction and all reported transactions. |
| 06/24/2026 | Date of signature on the filing. |
Keywords
La-Z-Boy Inc., LZB, Form 4, Insider Trading, Common Shares, Stock Transactions, Beneficial Ownership, Executive Compensation
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