The shares were disposed of in several trades that ranged from $30.84 to $30.87 each, producing roughly $154,000 in cash proceeds for the executive.
Following the sale, Sundy retained 59,297 shares of La‑Z‑Boy, leaving total insider ownership at about 0.1% of the company’s outstanding equity as of the market close on Sept. 14, 2026.
La‑Z‑Boy, headquartered in Monroe, Michigan, generates trailing‑twelve‑month revenue of $2.1 billion and carries a market capitalization near $1.2 billion, with operations spanning the United States and Canada.
Despite a 12.7% decline in La‑Z‑Boy’s share price over the past year, two analysts who cover the stock maintain bullish outlooks, setting one‑year price targets of $42 and $40 respectively, implying potential upside of 35‑41% from the current $29.84 price.
Industry observers view Sundy’s sale as a routine liquidity move rather than a red flag, noting that the modest size of the transaction relative to his remaining holdings signals continued confidence in the company’s prospects.