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Lazard ex-director to sell up to 10,000 shares

Lazard, Inc. (LAZ) received a notice that former board member Andrew Alper plans to sell up to 10,000 common shares of Lazard under Rule 144 through Goldman Sachs & Co. LLC as broker.

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

Rhea-AI Filing Summary

Lazard, Inc. (LAZ) received a notice that former board member Andrew Alper plans to sell up to 10,000 common shares of Lazard under Rule 144 through Goldman Sachs & Co. LLC as broker. The shares were acquired on 07/28/2026 as compensation via Restricted Stock Awards, and follow prior sales in the last three months.

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Shares to be sold under Rule 144 10,000 common shares Planned sale by Andrew Alper through Goldman Sachs & Co. LLC
Aggregate market value of shares to be sold $423,200 Value of 10,000 Lazard common shares listed in the Rule 144 notice
Shares outstanding 110,548,172 common shares Lazard common shares outstanding referenced in the Rule 144 table
Shares sold on 08/20/2026 2,417 common shares Sale by Andrew Alper in the past 3 months
Proceeds from 08/20/2026 sale $106,373.14 Consideration for 2,417 Lazard common shares sold
Shares sold on 08/21/2026 7,583 common shares Second sale by Andrew Alper in the past 3 months
Proceeds from 08/21/2026 sale $334,008.40 Consideration for 7,583 Lazard common shares sold
Acquisition date of shares to be sold 07/28/2026 Restricted Stock Awards received as compensation from issuer
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Awards financial
"Acquired as compensation -- Restricted Stock Awards"
Restricted stock awards are company shares given to employees or executives that cannot be sold or transferred until certain conditions — like staying with the company for a set time or meeting performance targets — are met, like a gift that is locked in a safe until rules are satisfied. Investors care because these awards tie management’s pay to company performance, can increase the number of shares outstanding when they become tradable (dilution), and may signal expected future selling pressure or commitment to long-term growth.
aggregate market value financial
"Common Shares | ... | 10000 | 423200 | 110548172 |"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
Former Board Member financial
"Former Board Member 144: Securities Information"

FAQ

What does this Form 144 filing mean for Lazard, Inc. (LAZ)?
It reports that Andrew Alper, a former board member, intends to sell up to 10,000 Lazard common shares under Rule 144. This is a disclosure of a planned resale of existing shares, not an issuance of new shares by Lazard, Inc.

How many Lazard (LAZ) shares does Andrew Alper plan to sell?
Andrew Alper plans to sell up to 10,000 common shares of Lazard, Inc. The filing lists an aggregate market value of $423,200 for these shares in the Rule 144 notice.

What prior Lazard (LAZ) share sales has Andrew Alper reported in the last 3 months?
The notice lists two prior sales: 2,417 common shares on 08/20/2026 for $106,373.14, and 7,583 common shares on 08/21/2026 for $334,008.40.

How were the Lazard (LAZ) shares being sold by Andrew Alper acquired?
The 10,000 Lazard common shares covered by the notice were acquired on 07/28/2026 as compensation in the form of Restricted Stock Awards from the issuer.

Which broker is handling Andrew Alper’s planned Lazard (LAZ) share sale?
The planned sale of 10,000 Lazard common shares is to be executed through Goldman Sachs & Co. LLC, listed as the broker handling the transaction on the New York Stock Exchange (NYSE).

How many Lazard (LAZ) shares are outstanding according to this notice?
The notice reports 110,548,172 Lazard common shares outstanding, in the same table that describes the planned Rule 144 sale of 10,000 shares; this is presented as an outstanding-share baseline figure.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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

Source: View Original Filing on SEC EDGAR