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[144] Lazard, Inc. SEC Filing

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Lazard, Inc. (LAZ) filed a Form 144 reporting a proposed sale of 25,000 common shares held by a person who acquired the shares on 03/13/2025 through restricted stock vesting as compensation. The proposed sale lists Fidelity Brokerage Services LLC as the broker, an approximate aggregate market value of $1,392,661.22, and the issuer's outstanding shares shown as 112,766,091. The filing indicates an approximate sale date of 09/10/2025 and states there were no securities sold by the filer in the past three months. The filer certifies no undisclosed material adverse information.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: Officer/insider plans to sell vested restricted shares; transaction size is modest relative to outstanding shares.

The filing documents a routine insider liquidity event: 25,000 shares acquired via restricted stock vesting and designated for sale through a registered broker. At an aggregate market value of $1.39 million, the position represents roughly 0.022% of the reported outstanding shares (25,000/112,766,091). There are no other sales in the past three months reported here, and the filer affirms no undisclosed material information. This appears operationally standard and not immediately material to valuation.

TL;DR: Disclosure aligns with Rule 144 requirements; timing and certification are standard compliance steps.

The Form 144 provides the required disclosure for an insider sale stemming from compensation-related vesting. It names the broker, the acquisition method

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

Lazard Ltd

NYSE:LAZ

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