[144] Lazard, Inc. SEC Filing
Rhea-AI Filing Summary
Form 144 Notice for Lazard, Inc. (LAZ) reports a proposed sale of 617 shares of common stock through Fidelity Brokerage Services on the NYSE with an aggregate market value of $34,163.29. The filing lists total shares outstanding of 112,766,091. The securities to be sold were acquired mainly through restricted stock vesting: 612 shares vested on 03/03/2025 and 5 shares vested on 02/23/2024, both recorded as compensation. The filer indicates no securities sold in the past three months and includes the standard representation that they are unaware of undisclosed material adverse information about the issuer.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine insider sale notice—small block from vested restricted shares, no prior sales reported.
The Form 144 documents a proposed disposition of 617 common shares valued at $34,163.29 via Fidelity on the NYSE. The shares originated from restricted stock vesting events recorded as compensation on 03/03/2025 (612 shares) and 02/23/2024 (5 shares). No securities were reported sold by the filer in the prior three months. Given the small absolute size of the block relative to the issuer's reported outstanding shares, this filing appears to be an administrative sale of vested equity rather than a material change in insider ownership or a signal of company-specific problems.
TL;DR: Compliance filing appears complete for Rule 144 reporting; includes customary signer representation.
The notice contains required disclosure elements: class of security, broker information (Fidelity Brokerage Services LLC), number of shares, aggregate market value, outstanding shares, acquisition dates and nature (restricted stock vesting), and that sales will occur approximately on 09/10/2025. The document includes the filer’s certification about material information and the standard legal warning about intentional misstatements. There are no reported aggregated sales in the prior three months, and no indication of special payment arrangements or gifts.