Form 4: La-Z-Boy Inc. Executive Lucian Robert Gerard Reports Stock Disposal
SEC Form 4 Filing
Lucian Robert Gerard, Sr. Vice President & CFO of La-Z-Boy Inc., reported the disposal of 442 common shares to cover tax obligations.
Summary
- On June 28, 2024, Lucian Robert Gerard, the Sr. Vice President & CFO of La-Z-Boy Inc., disposed of 442 common shares.
- The transaction was executed at a price of $37.28 per share.
- Following the transaction, Gerard directly owns 54,100 common shares of La-Z-Boy Inc.
Sentiment
Score: 5
Explanation: This is a routine filing related to stock disposal for tax purposes, and it doesn't indicate any significant positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. They are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a small disposal of shares by an executive.
Key Dates
| Date | Description |
|---|---|
| 06/28/2024 | Date of transaction: Disposal of 442 common shares. |
| 07/02/2024 | Date of signature by Attorney-in-Fact. |
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