LAZ Form 3: Director Dmitry Shevelenko Reports No Lazard Securities
Rhea-AI Filing Summary
Dmitry Shevelenko, a director of Lazard, Inc. (LAZ), filed an initial Form 3 reporting that he does not beneficially own any Lazard securities. The event date listed is 09/02/2025 and the form was signed under power of attorney on 09/11/2025. The filing identifies Shevelenko's business address at Lazard, Inc., 30 Rockefeller Plaza, New York, NY 10112. This Form 3 provides a formal disclosure of the reporting person's status with no securities reported.
Positive
- Required disclosure filed for a reportable person, meeting Section 16 obligations
- Clear statement of no beneficial ownership, removing ambiguity about insider holdings at filing date
- Filed under power of attorney, indicating documented execution and administrative completeness
Negative
- None.
Insights
TL;DR: Director filed required initial disclosure and reported no beneficial ownership of company securities.
The Form 3 fulfills Section 16 filing obligations for a newly reportable person by disclosing position and address details while stating no direct or indirect holdings in Lazard common stock. From a governance perspective, timely completion under power of attorney demonstrates compliance with reporting rules but provides no insight into alignment of personal financial interests with shareholders because no holdings are reported.
TL;DR: Administrative disclosure only; no material change to investor information or insider holdings.
The filing contains no non-derivative or derivative securities and therefore does not affect share ownership metrics or insider trading surveillance. It satisfies the reporting requirement for an insider event dated 09/02/2025 and was executed on 09/11/2025. There are no material transactions, compensatory grants, or option exercises disclosed.