keeping in mind that perpendicular lines have negative reciprocal slopes, let's check for the slope of the equation above
[tex]\bf y = \stackrel{\stackrel{m}{\downarrow }}{4}x+3\qquad \impliedby \begin{array}{|c|ll} \cline{1-1} slope-intercept~form\\ \cline{1-1} \\ y=\underset{y-intercept}{\stackrel{slope\qquad }{\stackrel{\downarrow }{m}x+\underset{\uparrow }{b}}} \\\\ \cline{1-1} \end{array} \\\\[-0.35em] ~\dotfill[/tex]
[tex]\bf \stackrel{\textit{perpendicular lines have \underline{negative reciprocal} slopes}} {\stackrel{slope}{4\implies \cfrac{4}{1}}\qquad \qquad \qquad \stackrel{reciprocal}{\cfrac{1}{4}}\qquad \stackrel{negative~reciprocal}{-\cfrac{1}{4}}}[/tex]