La-Z-Boy Director Janet Kerr Sells 3,653 Shares for $116,000
La-Z-Boy director Janet Kerr sold 3,653 shares for approximately $116,000, based on the weighted average execution price. The shares sold represented 47% of the equity holdings she had held directly in the company prior to the transaction.
Why it matters — A director selling nearly half of her directly held La-Z-Boy shares may be of interest to shareholders who track insider ownership and trading activity.