La-Z-Boy (LZB) Director Janet Kerr Sells 3,653 Shares

What Happened
Janet Kerr, a director of La‑Z‑Boy Inc. (LZB), sold 3,653 shares on 2026-09-08 in an open‑market/private sale for total proceeds of $115,999. The filing reports a weighted average price of $31.75 per share (individual sale prices ranged $31.75–$31.77). This was a sale (routine disposition), not a purchase.

Key Details

• Transaction date: 2026-09-08; Form 4 filed 2026-09-09 (timely).
• Shares sold: 3,653; weighted average price: $31.75; price range reported: $31.75–$31.77.
• Proceeds: $115,999 (approx.).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes: Sale executed pursuant to a Rule 10b5‑1 trading plan adopted March 12, 2026. The weighted price reflects multiple trades; reporting person can provide per‑trade breakdown on request.

Context
Sales executed under a prearranged 10b5‑1 trading plan are often scheduled in advance and are typically considered less informative about an insider’s current view of the company than ad‑hoc trades. This filing documents a routine insider sale; it does not by itself indicate company performance or future stock direction.