Form 4: La-Z-Boy Inc. Chief Accounting Officer Reports Stock Disposal
SEC Form 4 Filing
Jennifer Lynn McCurry, Chief Accounting Officer of La-Z-Boy Inc., reported disposing of 251 common shares to cover tax obligations.
Summary
- On June 26, 2024, Jennifer Lynn McCurry, the Chief Accounting Officer of La-Z-Boy Inc. (LZB), reported a transaction involving the disposal of 251 common shares.
- The shares were disposed of at a price of $36.74 per share.
- Following the transaction, McCurry directly owns 13,370 common shares of La-Z-Boy Inc.
Sentiment
Score: 5
Explanation: This is a routine filing related to stock transactions by a company officer. It doesn't inherently indicate positive or negative sentiment, but rather provides transparency.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company officers and directors. This filing indicates a disposal of shares, which could be for various reasons, including covering tax obligations related to stock awards or exercising options.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders, as it involves a relatively small number of shares.
Key Dates
| Date | Description |
|---|---|
| 06/26/2024 | Date of the stock disposal transaction |
| 06/28/2024 | Date of signature for the report |
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