La-Z-Boy (LZB) CFO Luebke Taylor Edward Sells $39K of Stock
La-Z-Boy's top finance chief recently offloaded nearly 1,000 shares as part of a busy stretch of executive selling.
Reviewed by automated data checks against the source filing. How we make and check alerts
Luebke Taylor Edward, SVP and CFO at La-Z-Boy Incorporated ($LZB), sold 976 shares at an average price of $39.99, worth about $39,030.24, on June 22, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $LZB is down 0.1% after 1 week, down 1.7% after 1 month and down 24.2% to date (from the $39.69 close on Jun 22, 2026).
LZB
La-Z-Boy Incorporated
Key Points
- La-Z-Boy Incorporated SVP and CFO Edward Luebke sold 976 shares on June 22, 2026, at a price of $39.99 for a total value of $39,030.24.
- The stock trades around $40.30, holding above its 50-day moving average of $36.43 and offering a 3.24% dividend yield.
- The sale follows several recent insider transactions by other executives at the furniture maker during late June 2026.
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Executive Stock Sale at La-Z-Boy
La-Z-Boy Incorporated (NYSE:LZB) SVP and CFO Edward Luebke sold 976 shares of company stock on June 22, 2026. The shares were disposed of at a price of $39.99, resulting in a total transaction value of $39,030.24. This filing provides a look inside the financial moves made by the company's executive leadership.
Recent Insider Transactions
The transaction adds to a string of recent stock sales by other members of La-Z-Boy's management team in late June. On June 26, 2026, VP, GC & Chief Compliance Officer Raphaell Richmond sold 608 shares at $40.95 each for a total of $24,897.60, while President of Wholesale Brands Linz Terrence James sold 661 shares at $40.95 apiece, totaling $27,067.95. James had also sold 482 shares on June 24, 2026, at $41.85 per share for $20,171.70. Chief Accounting Officer Jennifer Lynn Mccurry sold 193 shares at $41.85 on June 24, 2026, worth $8,077.05, and followed up by selling 3,715 shares at $41.05 on June 25, 2026, for $152,500.75. Additionally, VP & Chief HR Officer Katherine Vanderjagt sold 408 shares at $41.85 on June 24, 2026, valued at $17,074.80.
Stock Performance and Valuation
La-Z-Boy shares recently changed hands at $40.30, positioning the stock comfortably above its 50-day moving average of $36.43 and its 200-day moving average of $36.58. The company carries a market capitalization of roughly $1.19 billion and a price-to-earnings ratio of 15.08, with a forward P/E ratio of 10.56. Over the past year, the stock has traded within a 52-week range spanning from a low of $29.03 to a high of $44.90.
Dividend Profile
Income-focused investors tracking the furnishings maker will note its annual dividend rate of $0.97 per share, which translates to a dividend yield of 3.24%. The payout is supported by a dividend payout ratio of 48.02% based on recent earnings.
Analysts Set New Price Targets
Analyst coverage on the stock remains measured. On August 20, 2026, Keybanc maintained its Overweight rating on La-Z-Boy while adjusting its price target from $46.00 down to $40.00. Across the broader analyst community, the stock holds a consensus target mean price of $41.00.
Company Background
Headquartered in Monroe, Michigan, La-Z-Boy Incorporated designs, manufactures, and retails a wide range of upholstered furniture, casegoods, and home accessories. Operating through wholesale and retail segments, the company distributes its products via dedicated stores, independent dealers, and its direct-to-consumer online presence under brands like Joybird.
What to Watch at La-Z-Boy Incorporated
Investors will look ahead to La-Z-Boy's next scheduled earnings report on November 17, 2026, for further insight into the company's operational performance and financial health. Insider transactions and executive stock sales are routine corporate events and do not necessarily signal a change in the company's underlying business direction.
Related Filing Alerts
Source: Luebke Taylor Edward's Form 4 filing on $LZB (Jun 22, 2026). Find the original filing: LZB Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts