La-Z-Boy Director William C. Boor Receives RSU Award

What Happened William C. Boor, a director of La‑Z‑Boy Incorporated (LZB), received a grant of 4,125 restricted stock units (RSUs) on August 27, 2026. The RSUs were awarded at a $0.00 per‑share grant value (award), meaning no cash purchase was made. These awards represent the right to receive common stock in the future rather than an immediate purchase or sale.

Key Details

• Transaction type: Award/Grant (Form 4 code A).
• Transaction date: August 27, 2026; filing date: August 31, 2026 (filed within the required reporting window).
• Amount granted: 4,125 RSUs; grant price reported as $0.00; total reported value at grant: $0.
• Shares owned after transaction: Not reported in the information provided in this filing.
• Footnote: RSUs were granted under the La‑Z‑Boy Incorporated 2024 Omnibus Incentive Plan. Each RSU equals one share of LZB common stock. Vesting is on the one‑year anniversary of the award; the RSUs will be settled in stock within 60 days following the vesting date.

Context Restricted stock units are a form of compensation that give the holder a right to receive shares in the future if vesting conditions are met. Awards like this are common for directors and executives and do not represent an immediate market purchase or sale. They should be viewed as compensation-related grants, not direct indications of buy/sell sentiment.