La‑Z‑Boy (LZB) Director Rebecca O'Grady Receives 4,125 RSUs

What Happened
Rebecca L. O'Grady, a director of La‑Z‑Boy Inc. (LZB), was awarded 4,125 restricted stock units (RSUs) on August 27, 2026. The filing reports an acquisition code "A" with a reported price of $0.00 (standard for RSU grants). These RSUs represent the economic equivalent of 4,125 shares but are not immediately issued as shares.

Key Details

• Transaction date: 2026-08-27 (form filed 2026-08-31). Filing appears to meet the SEC Form 4 timing requirement (filed within the required 2 business days).
• Award: 4,125 restricted stock units (RSUs); reported acquisition price $0.00 (grant).
• Vesting/settlement: RSUs vest on the one‑year anniversary (2027-08-27) and will be settled in stock within 60 days after the vesting date.
• Shares owned after transaction: Not specified in the information provided in this summary.
• Transaction code: A = Grant/award.

Context
RSUs are a compensation award (not an open‑market purchase or sale). They give the holder the right to receive shares (or equivalent value) at vesting; there is no cash outlay at grant and no immediate change in share ownership until settlement. Grants like this are routine for executives and directors as part of long‑term incentive pay and do not by themselves indicate a decision to buy or sell stock.