Lee Carol Young 4

What Happened
Lee Carol Young, Vice President & Chief Information Officer of La‑Z‑Boy Inc. (LZB), was issued 12,103 shares as awards (code A) on 2026-06-22. To satisfy tax withholding related to those awards, 1,583 shares were disposed (code F) at $39.99 per share, producing roughly $63,304 in value. The awards show an acquisition price of $0.00 (i.e., granted to the insider).

Key Details

• Transaction date: 2026-06-22; Form 4 filed: 2026-06-24 (no late filing indicated).
• Awards granted: 5,766; 1,142; 3,166; 921; 1,108 — total 12,103 shares at $0.00.
• Shares withheld/sold for taxes (F): 224, 309, 279, 771 — total 1,583 shares at $39.99 each ≈ $63,304.
• Shares owned after transaction: not specified in the provided filing.
• Codes: A = grant/award/acquisition; F = shares withheld/used to satisfy tax liability.

Context
These entries reflect equity compensation (awards) and routine tax withholding, not an open‑market purchase. When awards vest or options are exercised, companies commonly withhold or sell shares to cover withholding taxes — this appears to be that type of transaction. Such tax‑withholding disposals are typically administrative and not a direct signal of insider sentiment about the stock.