LA-Z-BOY CIO Carol Young Sells 344 Shares for Taxes

What Happened Carol Young, Vice President & Chief Information Officer of LA-Z-BOY Inc. (LZB), disposed of 344 shares on June 23, 2026. The shares were reported as a payment to satisfy tax liability (transaction code F) at $40.30 per share, for a total value of approximately $13,863. This is a routine tax-withholding disposition tied to an award/option event, not an open-market investment decision.

Key Details

• Transaction date and price: 2026-06-23 at $40.30 per share.
• Shares disposed: 344 shares; proceeds/value to cover taxes ≈ $13,863.
• Transaction code: F — payment of exercise price or tax liability (shares withheld/used to satisfy taxes).
• Shares owned after transaction: not specified in the provided filing details.
• Filing timeliness: Form filed 2026-06-25 (appears timely; Form 4 is generally due within two business days).

Context An F-coded disposition typically reflects tax withholding when stock awards vest or options are exercised. Such transactions are common and do not necessarily indicate the insider’s view on the company’s prospects. Purchases by insiders tend to be more informative about confidence, while tax-withholding share disposals are routine administrative actions.