La-Z-Boy (LZB) VP Katherine Vanderjagt Sells 480 Shares (Tax Withholding)

What Happened

• Katherine E. Vanderjagt, Vice President & Chief Human Resources Officer of La-Z-Boy Inc. (LZB), disposed of 480 shares on 2026-06-23 at $40.30 per share, totaling $19,344. The transaction is reported as a payment of tax liability (transaction code F), meaning shares were used to satisfy tax withholding tied to equity compensation.

Key Details

• Transaction date: 2026-06-23
• Filing date (Form 4): 2026-06-25 (accession 0001945544-26-000002)
• Shares disposed: 480
• Price per share: $40.30
• Total value: $19,344
• Transaction code: F (payment of exercise price or tax liability / tax withholding)
• Shares owned after transaction: Not specified in the filing
• Footnote: Disposal was for tax withholding related to equity compensation (filing does not state whether shares were withheld by the company or sold on the open market)

Context

• Code F transactions are typically "sell-to-cover" actions to meet tax obligations from option exercises or restricted stock vesting. These routine withholding dispositions are administrative and do not by themselves indicate a change in the insider’s view of the company.