LZB VP & Chief Hr Officer Vanderjagt Sells $17K of Stock
La-Z-Boy's VP & Chief HR Officer sold shares amid recent insider activity.
Reviewed by automated data checks against the source filing. How we make and check alerts
Katherine Vanderjagt, VP & Chief HR Officer at La-Z-Boy Incorporated ($LZB), sold 408 shares at an average price of $41.85, worth about $17,074.80, on June 24, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $LZB is down 5.0% after 1 week, down 5.2% after 1 month and down 27.6% to date (from the $41.53 close on Jun 24, 2026).
LZB
La-Z-Boy Incorporated
Key Points
- On June 24, 2026, Katherine Vanderjagt sold 408 shares of La-Z-Boy for about $17,074.80 at a price of $41.85 each.
- The stock closed at $40.95 on the day of the sale, just below its 52-week high of $44.90.
- Jennifer Lynn Mccurry, the Chief Accounting Officer, also sold shares recently, adding to a series of insider transactions.
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Insider Buying and Selling at La-Z-Boy Incorporated
On June 24, 2026, Katherine Vanderjagt, La-Z-Boy's Vice President and Chief HR Officer, sold 408 shares of the company at a price of $41.85 each. This sale totaled about $17,074.80. The sale comes as part of a wave of insider transactions at La-Z-Boy, which is currently navigating a competitive market in the consumer cyclical sector.
Recent Insider Transactions
Vanderjagt's sale is one of several insider transactions at La-Z-Boy in late June. On the same day, Jennifer Lynn Mccurry, the Chief Accounting Officer, sold 159 shares at $41.85, worth approximately $6,654.15. Additionally, Linz Terrence James, the President of Wholesale Brands, sold 482 shares for about $20,171.70. The following day, Mccurry sold another 3,715 shares for roughly $152,500 at a price of $41.05. Raphaell Richmond, the VP, General Counsel & Chief Compliance Officer, sold 608 shares for about $24,897.60 on June 26, 2026. These transactions suggest active management participation in the company's stock.
Stock Performance Context
La-Z-Boy's stock closed at $40.95 on the day of Vanderjagt's sale. The stock has seen a 52-week range between $29.03 and $44.90, indicating it is currently trading near its high. The recent sales by insiders might reflect their views amid this fluctuating stock price. Investors are likely watching whether these transactions signal any broader trends within the company.
Analysts Set New Price Targets
Keybanc recently maintained an Overweight rating on La-Z-Boy with a price target of $40.00, down from a prior target of $46.00. This rating was issued on August 20, 2026, and indicates analysts see potential for growth despite recent revenue challenges. The consensus among analysts suggests a cautious optimism about the company's performance in the upcoming quarters.
What La-Z-Boy Incorporated Does
La-Z-Boy Incorporated, headquartered in Monroe, Michigan, designs and sells upholstered furniture products both in the U.S. and internationally. The company operates through wholesale and retail channels, offering a wide range of furniture including recliners, sofas, and casegoods. The recent insider sales come as La-Z-Boy continues to adapt to changes in consumer demand within the furnishings sector.
What’s Next for La-Z-Boy
Investors will be keeping an eye on La-Z-Boy's next earnings report scheduled for November 17, 2026. The company's recent insider activity may provide insights into management's confidence in future performance. As always, it's important to remember that the recent insider transactions reflect past actions and may not indicate current sentiment or strategy.
Related Filing Alerts
Source: Katherine Vanderjagt's Form 4 filing on $LZB (Jun 24, 2026). Find the original filing: LZB Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts