Form 4: La-Z-Boy VP & Chief HR Officer Disposes Shares for Tax Obligations

Katherine E. Vanderjagt, VP & Chief HR Officer of La-Z-Boy Inc., reported the disposition of 817 common shares across two transactions in late June 2025 to satisfy tax withholding obligations.

Summary

• Katherine E. Vanderjagt, the VP & Chief HR Officer of LA-Z-BOY INC (LZB), reported two dispositions of common shares.
• On June 26, 2025, 534 common shares were disposed of at a price of $37.54 per share.
• Following the June 26, 2025 transaction, Katherine E. Vanderjagt beneficially owned 45,551 common shares.
• On June 28, 2025, an additional 283 common shares were disposed of at a price of $37.96 per share.
• After the June 28, 2025 transaction, the beneficial ownership of common shares by Katherine E. Vanderjagt stood at 45,268 shares.
• Both dispositions were coded 'F', indicating a disposition to the issuer to satisfy tax withholding obligations.

Sentiment

Score: 5

Explanation: The document reports routine insider transactions for tax withholding purposes, which are generally neutral in sentiment as they are not indicative of a change in management's view on the company's prospects.

Negatives

• Beneficial ownership of common shares by Katherine E. Vanderjagt decreased by a total of 817 shares across the two reported transactions.

Stakeholder Impact

• Shareholders: The transactions represent a minor reduction in insider ownership, which is a routine event for tax purposes and not typically indicative of a change in company fundamentals or outlook.

Key Dates

Keywords

LA-Z-BOY INC, LZB, Katherine E. Vanderjagt, SEC Form 4, Insider Transaction, Share Disposition, Tax Withholding, Common Shares