La-Z-Boy President Sells 5,000 Shares
The insider disposed of 8% of his stake, leaving him with $1.8 million in direct holdings.
Overview
Robert Sundy II, President, Retail at La-Z-Boy (NYSE:LZB), sold 5,000 shares at $30.85 per share on Sept. 10, 2026, according to a recent SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average sale price ($30.85); post-transaction value based on Sept. 10, 2026, market close ($30.86).
Details
La-Z-Boy is a leading manufacturer and retailer of upholstered furniture with a market capitalization of $1.2 billion and TTM revenue of $2.1 billion. Founded in 1927 and headquartered in Monroe, Michigan, the company maintains a diversified distribution strategy combining wholesale operations with a substantial company-owned retail footprint. The organization leverages its established brand heritage and vertically integrated operations to maintain its competitive position in the fragmented furniture industry.
Source
Originally published at www.fool.com.