Form 4: La-Z-Boy VP Carol Young Lee Reports Acquisition of Common Shares
SEC Form 4 Filing
Carol Young Lee, VP & Chief Information Officer of La-Z-Boy, reports acquiring common shares through transactions on June 24, 2024.
Summary
- Carol Young Lee, the VP & Chief Information Officer of La-Z-Boy, filed a Form 4 on June 25, 2024.
- The report details transactions involving La-Z-Boy common shares on June 24, 2024.
- Lee acquired 4,291 shares, then 624 shares, then 821 shares of common stock at $0 per share.
- Following these transactions, Lee directly owns 17,617 common shares.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing. The sentiment is neutral as it simply reports transactions.
Industry Context
Form 4 filings are standard disclosures required by the SEC to ensure transparency in trading activities by company insiders. These filings help investors understand the actions of key personnel and their confidence in the company.
Stakeholder Impact
- The acquisition of shares by a company officer can be viewed positively by shareholders, indicating confidence in the company's future.
Key Dates
| Date | Description |
|---|---|
| 06/24/2024 | Date of transactions involving La-Z-Boy common shares. |
| 06/25/2024 | Date of Form 4 filing. |
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