La‑Z‑Boy (LZB) Director Lauren B. Peters Receives RSU Award

What Happened

• Lauren B. Peters, a director of La‑Z‑Boy Inc. (LZB), received a grant of 4,125 restricted stock units (RSUs) on August 27, 2026. The filing reports an acquisition at $0.00 (total reported value $0) under transaction code A (award/grant). Each RSU is the economic equivalent of one share and will be settled in stock after vesting.

Key Details

• Transaction date: 2026-08-27; filing date: 2026-08-31 (filed within the SEC two-business-day window).
• Amount: 4,125 RSUs; reported price per unit: $0.00 (award/grant).
• Shares owned after transaction: not specified in the Form 4 filing.
• Footnote: The RSUs were granted under the La‑Z‑Boy Incorporated 2024 Omnibus Incentive Plan. Vesting occurs one year after the grant date, and the RSUs will be settled in stock within 60 days following the vesting date.

Context

• RSU grants are a common form of director/executive compensation and represent a future entitlement to company stock once vested; they are not an immediate open‑market purchase or sale. This award does not by itself indicate a buy/sell decision in the market.