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Lazard (LAZ) CAO adds 134 RSUs with vesting through 2029

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Lazard, Inc. Chief Accounting Officer Michael Gathy received a grant of 134 Restricted Stock Units (RSUs) on May 22, 2026, recorded as a grant/award acquisition. These RSUs were added through dividend equivalent reinvestment on existing RSU awards.

Each RSU represents a contingent right to receive one share of Lazard common stock. Following this grant, Gathy holds 12,892 RSUs, with 62 scheduled to vest on or around March 1, 2027, 53 on or around March 1, 2028, and 19 on or around March 1, 2029. The reported RSU amount excludes 1,438 shares of common stock that he already beneficially owns directly or indirectly.

Positive

  • None.

Negative

  • None.
Insider Gathy Michael
Role Chief Accounting Officer
Type Security Shares Price Value
Grant/Award Restricted Stock Units 134 $0.00 --
Holdings After Transaction: Restricted Stock Units — 12,892 shares (Direct, null)
Footnotes (1)
  1. Additional Restricted Stock Units ("RSUs") were acquired pursuant to the dividend equivalent reinvestment provisions of underlying RSU awards. Each RSU represents a contingent right to receive one share of Common Stock. Of these RSUs, 62 will vest on or around March 1, 2027; 53 will vest on or around March 1, 2028; and 19 will vest on or around March 1, 2029. Amount excludes 1,438 shares of Common Stock directly or indirectly beneficially owned by the reporting person.
RSUs granted 134 RSUs Grant/award acquisition on May 22, 2026 via dividend equivalents
Total RSUs after grant 12,892 RSUs Holdings following reported RSU acquisition
2027 vesting tranche 62 RSUs Scheduled to vest on or around March 1, 2027
2028 vesting tranche 53 RSUs Scheduled to vest on or around March 1, 2028
2029 vesting tranche 19 RSUs Scheduled to vest on or around March 1, 2029
Common shares owned 1,438 shares Directly or indirectly beneficially owned, excluded from RSU amount
Restricted Stock Units financial
"Restricted Stock Units ("RSUs") were acquired pursuant to the dividend equivalent reinvestment provisions"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
dividend equivalent reinvestment financial
"acquired pursuant to the dividend equivalent reinvestment provisions of underlying RSU awards"
contingent right financial
"Each RSU represents a contingent right to receive one share of Common Stock"
vest financial
"62 will vest on or around March 1, 2027; 53 will vest on or around March 1, 2028; and 19 will vest"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Gathy Michael
(Last)(First)(Middle)
C/O LAZARD, INC.
30 ROCKEFELLER PLAZA
(Street)
NEW YORK NEW YORK 10112
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
Lazard, Inc. [ LAZ ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Accounting Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/22/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)(2)05/22/202605/22/2026A134 (3) (3)Common Stock134(2)12,892(4)D
Explanation of Responses:
1. Additional Restricted Stock Units ("RSUs") were acquired pursuant to the dividend equivalent reinvestment provisions of underlying RSU awards.
2. Each RSU represents a contingent right to receive one share of Common Stock.
3. Of these RSUs, 62 will vest on or around March 1, 2027; 53 will vest on or around March 1, 2028; and 19 will vest on or around March 1, 2029.
4. Amount excludes 1,438 shares of Common Stock directly or indirectly beneficially owned by the reporting person.
Remarks:
/s/ Michael Gathy by Shari L. Soloway under a P of A05/26/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Lazard (LAZ) Chief Accounting Officer Michael Gathy report on this Form 4?

Michael Gathy reported an acquisition of 134 Restricted Stock Units (RSUs). The RSUs were added on May 22, 2026 through dividend equivalent reinvestment on existing RSU awards, increasing his total RSU holdings to 12,892, separate from his already owned common shares.

How many Lazard (LAZ) Restricted Stock Units does Michael Gathy hold after this transaction?

After the transaction, Michael Gathy holds 12,892 Lazard RSUs. This total includes the 134 RSUs granted via dividend equivalent reinvestment on May 22, 2026 and will vest over several future dates, subject to the company’s vesting schedule and award terms.

How were the 134 new Lazard (LAZ) RSUs to Michael Gathy generated?

The 134 new RSUs arose from dividend equivalent reinvestment. Under the terms of his existing RSU awards, cash dividends are effectively reinvested into additional RSUs, adding to his equity-based compensation without an open-market purchase or sale of Lazard common stock.

What is the vesting schedule for Michael Gathy’s new Lazard (LAZ) RSUs?

The vesting is staggered across three future dates. Of the reported RSUs, 62 are scheduled to vest on or around March 1, 2027, 53 on or around March 1, 2028, and 19 on or around March 1, 2029, assuming continued satisfaction of award conditions.

What does each Lazard (LAZ) Restricted Stock Unit represent for Michael Gathy?

Each RSU represents a contingent right to one Lazard common share. When an RSU vests, subject to the award’s terms, it generally converts into one share of common stock, giving the holder equity ownership and aligning compensation with the company’s long-term performance.

How many Lazard (LAZ) common shares does Michael Gathy own outside these RSUs?

The reported RSU figure excludes 1,438 Lazard common shares. These 1,438 shares are directly or indirectly beneficially owned by Michael Gathy apart from his RSU holdings, providing an additional layer of equity exposure alongside his unvested and vested RSU awards.