LZB LA-Z-BOY INC

Did the company actually spend money buying back stock in 3+ of the last 4 quarters?

Bought back stock in 4/4 quarters. Q1 2027: $13M, Q3 2026: $11M, Q2 2026: $19M, Q1 2026: $34M

Is the most recent quarter's buyback spend more than 15% above the trailing average?

Latest quarter $13M vs trailing avg $21M (-42%)

What percentage of free cash flow is going to buybacks? Bull: 30%+. Bear: negative FCF or no buybacks.

Negative FCF ($-106M), buybacks not supported by cash flow

How fast are they shrinking the float? Bull: 2%+ annually. Bear: under 0.5%.

Missing shares repurchased or outstanding data

Are officers and directors buying stock with their own money on the open market?

No insider open-market purchases in the last 12 months

Are both company buybacks and insider buying independently active? Bull when the company is buying back stock in 2+ quarters and insiders have made 2+ open-market purchases.

Need both buyback and insider purchase data

Over the last 90 days, are insiders net buyers or net sellers on the open market?

Insiders bought $0M, sold $3M in the last 90 days (net selling)

Active buyback + insiders net selling 3x+ more than buying. Company cash may be supporting price while insiders exit.

Company buying back stock while insiders sold 3029106.5x more than bought. 6 C-suite officers among sellers

• Sundy Robert II (President, Retail) sold 5,000 shares on 2026-09-10
• Linz Terrence James (President, Wholesale Brands) sold 2,500 shares on 2026-06-30
• Richmond Raphaell Z. (VP, GC & Chief Compliance Off) sold 13,671 shares on 2026-06-29
• McCurry Jennifer Lynn (Chief Accounting Officer) sold 3,715 shares on 2026-06-25
• Leggett Michael Adam (Sr VP & Chief Supply Chain Off) sold 9,000 shares on 2026-06-24
• Whittington Melinda D (President & CEO) sold 26,639 shares on 2026-06-22
• Whittington Melinda D (President & CEO) sold 7,364 shares on 2026-06-23
• McCurry Jennifer Lynn (Chief Accounting Officer) sold 3,410 shares on 2026-06-18
• Leggett Michael Adam (Sr VP & Chief Supply Chain Off) sold 2,200 shares on 2026-02-20