Vanderjagt Katherine E. 4

What Happened

• Katherine E. Vanderjagt, VP & Chief Human Resources Officer at LA‑Z‑BOY (LZB), received a total of 15,162 shares via grants/awards on 2026-06-22 (codes A).
• To satisfy tax obligations related to those awards, 2,436 shares were withheld/disposed (code F) at $39.99 per share, generating roughly $97,416 in cash surrendered to cover taxes. The awards were reported as acquired at $0.00 (typical for restricted stock units or similar equity awards).

Key Details

• Transaction date: 2026-06-22; Form 4 filed 2026-06-24 (timely filing).
• Awards received (A): 6,887; 4,214; 1,519; 1,224; 1,318 — total 15,162 shares.
• Shares withheld for taxes (F/disposed): 311 ($12,437); 484 ($19,355); 1,206 ($48,228); 435 ($17,396) — total 2,436 shares, ~$97,416.
• Net new shares retained from the grants: 15,162 − 2,436 = 12,726 shares (based on reported counts).
• Filing does not specify total shares owned after the transactions in the provided data.
• Codes explained: A = award/grant; F = payment of exercise price or tax liability (shares withheld to cover taxes). No 10b5‑1 plan, gift, or option exercise was indicated.

Context

• These transactions reflect receipt of company awards with a portion of shares surrendered to cover taxes (a routine administrative step), not an open‑market purchase or sale for investment reasons. Such award + withholding activity is common following vesting of equity compensation and should be interpreted as compensation-related, not necessarily a bullish/pessimistic trade signal.