La-Z-Boy (LZB) Insider Raphaell Richmond Sells $20K of Stock

Insider Buying and Selling at La-Z-Boy Incorporated

Raphaell Richmond, La-Z-Boy's VP, GC & Chief Compliance Officer, sold 474 shares on June 24, 2026, for about $19,837. He sold these shares at a price of $41.85 each. This transaction reflects his ongoing engagement with La-Z-Boy's stock holdings.

Other Insider Transactions

Richmond's sale follows a series of other insider transactions at La-Z-Boy. On the same day, Luebke Taylor Edward, the Senior Vice President and CFO, sold 159 shares at $41.85, totaling about $6,654. Additionally, Linz Terrence James, President of Wholesale Brands, sold 482 shares for $20,171 at the same price. On June 25, Jennifer Lynn Mccurry, Chief Accounting Officer, sold 3,715 shares for about $152,501. These sales indicate active trading among La-Z-Boy executives.

How La-Z-Boy Incorporated Stock Has Traded

As of Saturday, June 24, 2026, La-Z-Boy shares are trading at approximately $40.95, close to their 52-week high of $44.90. This price shows that the stock has been performing well, suggesting investor confidence in the company. The recent insider sales come during a period of strong market interest in La-Z-Boy.

What La-Z-Boy Incorporated Does

La-Z-Boy Incorporated, headquartered in Monroe, Michigan, manufactures and sells upholstered furniture products. The company operates through wholesale and retail segments, distributing its products both directly and through its own stores. Richmond's recent sale could reflect personal financial planning rather than a lack of confidence in the company’s future.

What to Watch at La-Z-Boy Incorporated

Investors should keep an eye on La-Z-Boy's next earnings report scheduled for November 17, 2026. Additionally, further insider transactions may provide insights into the executives' views on the company's performance. Remember, this sale reflects Richmond's holdings as of June 24, 2026, and may not represent his current position.