STOCK TITAN

LAZ (NYSE) Form 144: Affiliate files to sell 3,030 shares; insider trades shown

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

Rhea-AI Filing Summary

Fidelity Brokerage Services LLC filed a Form 144 reporting a proposed sale of 3,030 shares of Common Stock scheduled from 03/16/2026 relating to restricted stock vesting as compensation. The filing also lists recent sales by Mary A. Betsch totaling 15,151 shares across three dates in March 2026 with aggregate proceeds shown per trade.

Positive

  • None.

Negative

  • None.

Insights

Routine Form 144 notice for affiliate resale of vested restricted shares; recent insider sales disclosed.

The filing lists a proposed resale of 3,030 shares tied to restricted stock vesting on 03/16/2026, a typical post-vesting transaction requiring Form 144 notice when an affiliate intends to sell.

Cash-flow treatment and method of sale are not detailed in the excerpt; subsequent trade reports or broker confirmations would show execution details.

Proposed resale 3,030 shares to be sold on 03/16/2026 (restricted stock vesting)
Sale on 03/17/2026 12,121 shares Mary A. Betsch trade, proceeds $496,112.53
Sale on 03/18/2026 1,515 shares Mary A. Betsch trade, proceeds $61,160.55
Sale on 03/19/2026 1,515 shares Mary A. Betsch trade, proceeds $59,645.55
Form 144 regulatory
"Fidelity Brokerage Services LLC filed a Form 144 reporting a proposed sale"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Restricted Stock Vesting financial
"03/16/2026 | Restricted Stock Vesting | Issuer"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
Gross proceeds financial
"03/17/2026 | 12,121 | 496112.53"
The total amount of cash a company receives from a financing event or sale before any fees, expenses, taxes or deductions are taken out. Investors watch gross proceeds because it shows the raw scale of new capital being raised—think of it as the paycheck amount before withholdings—which helps assess how much funding is available for operations, growth, debt payoff or how much shareholder dilution might occur once costs are removed.

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

FAQ

What does LAZ Form 144 report about the 3,030 shares?

It reports a proposed sale of 3,030 shares of Common Stock scheduled on 03/16/2026 tied to restricted stock vesting as compensation. The filing is a notice required when an affiliate intends to sell vested shares.

Who is the selling party listed in the LAZ Form 144?

The broker listed is Fidelity Brokerage Services LLC and the reported recent seller is Mary A. Betsch, whose multiple trades in March 2026 are shown with per‑trade proceeds in the excerpt.

How many shares did Mary A. Betsch sell in March 2026 according to the filing?

The filing shows three March 2026 trades by Mary A. Betsch: 12,121, 1,515, and 1,515 shares, reported with corresponding gross proceeds for each trade in the excerpt.

Does the Form 144 indicate how the 3,030 shares will be sold?

The excerpt states the shares relate to Restricted Stock Vesting and lists them as compensation; it does not specify the sale method (block trade, brokerage transaction, or timing) in the provided text.

Are proceeds or prices shown for the reported March 2026 trades?

Yes; the excerpt lists gross proceeds per trade alongside share counts, for example $496,112.53 for 12,121 shares on 03/17/2026, and two smaller proceeds amounts for the March 18–19 trades.