Lee Carol Young 4

What Happened

• Carol Young, Vice President & Chief Information Officer of La‑Z‑Boy Inc. (LZB), had company shares withheld to satisfy tax obligations tied to equity award/option activity. Two withholding events occurred: 342 shares on 2026-06-26 and 194 shares on 2026-06-28, each at $40.95 per share. The withheld shares total 536 shares with an aggregate value of approximately $21,949 (342 × $40.95 = $14,005; 194 × $40.95 = $7,944).

Key Details

• Transaction type/code: F — payment of exercise price or tax liability (shares withheld to cover taxes), reported as "disposed" on the Form 4.
• Dates and prices: 2026-06-26, 342 shares @ $40.95; 2026-06-28, 194 shares @ $40.95.
• Total withheld: 536 shares for about $21,949.
• Shares owned after the transactions: not specified in the provided excerpt of the filing; check the full Form 4 for updated holdings.
• Filing/timeliness: Form 4 filed 2026-06-29; this filing appears timely (within required reporting window).

Context

• This was a tax-withholding (stock surrender/cashless) event tied to equity compensation—not an open‑market sale. Such withholdings are routine to cover tax liabilities and do not necessarily signal a change in the insider’s view of the company.