La‑Z‑Boy Director Mark LaVigne Receives 4,125-Share Award

What Happened Mark Stephen LaVigne, a director of La‑Z‑Boy Inc. (LZB), was granted 4,125 restricted stock units (RSUs) on August 27, 2026. The grant is recorded as an award/acquisition at $0.00 per share (total reported value $0). Each RSU is the economic equivalent of one share of LZB common stock and will convert to actual shares upon settlement.

Key Details

• Transaction date: August 27, 2026; filing date: August 31, 2026 (Form 4 accession 0001540121-26-000001).
• Transaction type/code: Award/Grant (A). Price per share reported $0.00; 4,125 RSUs granted.
• Vesting/settlement: RSUs vest one year after the award date (vesting date = Aug 27, 2027) and will be settled in stock within 60 days following vesting (per footnote).
• Shares owned after transaction: Not specified in the provided excerpt.
• Notable footnote: Grant made under the La‑Z‑Boy Incorporated 2024 Omnibus Incentive Plan; each RSU equals one share economically and will be settled in stock within 60 days after the one-year vesting anniversary.
• Filing timeliness: Filing date is shown; the excerpt does not indicate a late filing flag.

Context RSU grants are a form of compensation—not an open‑market buy or sell. They do not transfer shares immediately; value and actual share ownership occur when the units vest and are settled. For retail investors, such awards are routine executive/director compensation and should be interpreted as part of pay alignment rather than a direct buy or sell signal.