Vanderjagt Katherine E. 4

What Happened
Katherine E. Vanderjagt, Vice President & Chief Human Resources Officer of La‑Z‑Boy (LZB), had 408 shares disposed on 2026-06-24 to satisfy a tax obligation tied to an equity event. The shares were valued at $41.85 each, totaling approximately $17,075. The Form 4 records this disposition under code F (payment of exercise price or tax liability), which is a withholding/retention of shares rather than an open-market investment sale.

Key Details

• Transaction date: 2026-06-24; filing date (Form 4): 2026-06-26 (timely filing).
• Disposition: 408 shares at $41.85 per share; total value ≈ $17,075.
• Transaction code: F — shares withheld to pay exercise price or tax liability (common for option exercises or RSU vesting).
• Shares owned after transaction: Not specified in the provided filing details.
• Accession #: 0001945544-26-000003; Period of Report: 2026-06-24.

Context
Code F transactions typically reflect an employer withholding shares to cover taxes following an option exercise or restricted stock/RSU vesting. These withholding dispositions are routine administrative actions and do not necessarily indicate the insider is reducing their economic exposure by selling in the open market. Purchases by insiders tend to carry more direct informational weight for bullish signals; tax-withholding disposals are generally neutral.