Lazard (LAZ) director Peter Harrison receives 3,777 deferred stock units grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lazard, Inc. director Peter Harrison received a grant of 3,777 Deferred Stock Units as part of the company’s Non-Executive Director compensation. Following this award, he holds 8,669 Deferred Stock Units in total. According to the plan, these units convert into common stock on a one-for-one basis when he leaves the board.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Harrison Peter
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 3,777 | $0.00 | -- |
Holdings After Transaction:
Deferred Stock Units — 8,669 shares (Direct, null)
Footnotes (1)
- Deferred Stock Units ("DSUs") were awarded under Lazard, Inc.'s 2018 Incentive Compensation Plan, as amended, as part of the Non-Executive Director Compensation arrangement. The DSUs will be converted into Common Stock on a one-for-one basis following the date that the reporting person resigns from, or otherwise ceases to be a member of, the Board of Directors of Lazard, Inc.
Key Figures
Deferred Stock Units granted: 3,777 units
Total Deferred Stock Units after grant: 8,669 units
Grant price per unit: $0.00 per unit
+1 more
4 metrics
Deferred Stock Units granted
3,777 units
Award to Peter Harrison on 2026-06-01
Total Deferred Stock Units after grant
8,669 units
Holdings following reported transaction
Grant price per unit
$0.00 per unit
Compensation award, non-cash acquisition
Underlying common stock
3,777 shares
One-for-one conversion from DSUs to common stock
Key Terms
Deferred Stock Units, 2018 Incentive Compensation Plan, Non-Executive Director Compensation arrangement
3 terms
Deferred Stock Units financial
"Deferred Stock Units ("DSUs") were awarded under Lazard, Inc.'s 2018 Incentive Compensation Plan"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
2018 Incentive Compensation Plan financial
"DSUs were awarded under Lazard, Inc.'s 2018 Incentive Compensation Plan, as amended"
Non-Executive Director Compensation arrangement financial
"awarded ... as part of the Non-Executive Director Compensation arrangement"