La-Z-Boy President Sells 5,000 Shares
Robert Sundy II, President of Retail at La-Z-Boy (NYSE:LZB), sold 5,000 shares on September 10, 2026, for $30.85 per share according to an SEC Form 4 filing. The transaction totaled approximately $154,250 and left Sundy with a remaining stake of 59,297 shares valued at around $1.8 million as of the same day's market close. This insider sale occurred amid a broader context where La-Z-Boy has seen its stock price decline by 12.7% over the past year compared to an increase in the S&P 500 index. Despite this, two analysts covering LZB have set bullish one-year price targets of $40 and $42 per share. The company reported trailing twelve-month revenue of $2.1 billion with a net income of $81.5 million as of September 14, 2026.
Tickers: $LZB
Topics: executive sale La-Z-Boy shares sold