STOCK TITAN

Lazard (LAZ) asset management CEO awarded 2,716 RSUs

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

Rhea-AI Filing Summary

Lazard, Inc. executive Christopher Hogbin, CEO of Asset Management, acquired 2,716 Restricted Stock Units (RSUs) at no cost through dividend equivalent reinvestment tied to existing RSU awards. Each RSU represents one share of common stock. After this grant, he holds 263,705 RSUs, excluding 11,829 common shares separately beneficially owned. Portions of the new RSUs are scheduled to vest in three tranches through 2029.

Positive

  • None.

Negative

  • None.
Insider Hogbin Christopher
Role CEO Asset Management
Type Security Shares Price Value
Grant/Award Restricted Stock Units 2,716 $0.00 --
Holdings After Transaction: Restricted Stock Units — 263,705 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, 906 will vest on or around March 18, 2027; 906 will vest on or around March 20, 2028; and 904 will vest on or around March 22, 2029. Amount excludes 11,829 shares of Common Stock directly or indirectly beneficially owned by the reporting person.
RSUs granted 2,716 RSUs Acquired via dividend equivalent reinvestment on May 22, 2026
RSU holdings after transaction 263,705 RSUs Total Restricted Stock Units following the reported acquisition
Separate common shares owned 11,829 shares Common stock directly or indirectly beneficially owned, excluded from RSU total
2027 vesting tranche 906 RSUs Scheduled to vest on or around March 18, 2027
2028 vesting tranche 906 RSUs Scheduled to vest on or around March 20, 2028
2029 vesting tranche 904 RSUs Scheduled to vest on or around March 22, 2029
Restricted Stock Units financial
"Additional Restricted Stock Units ("RSUs") were acquired pursuant to the dividend equivalent reinvestment"
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
"RSUs were 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"
beneficially owned financial
"Amount excludes 11,829 shares of Common Stock directly or indirectly beneficially owned by the reporting person"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
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*
Hogbin Christopher

(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)
CEO Asset Management
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)05/22/202605/22/2026A2,716 (3) (3)Common Stock2,716(2)263,705(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, 906 will vest on or around March 18, 2027; 906 will vest on or around March 20, 2028; and 904 will vest on or around March 22, 2029.
4. Amount excludes 11,829 shares of Common Stock directly or indirectly beneficially owned by the reporting person.
Remarks:
/s/ Christopher Hogbin by Shari L. Soloway under a PoA05/26/2026
** 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)

FAQ

What insider transaction did Christopher Hogbin report for Lazard (LAZ)?

Christopher Hogbin reported receiving 2,716 Restricted Stock Units (RSUs) tied to Lazard common stock. The RSUs were credited at no cost through dividend equivalent reinvestment under existing RSU awards, increasing his total RSU holdings to 263,705 units after the transaction.

How many Lazard RSUs did Christopher Hogbin hold after this Form 4 transaction?

After the transaction, Christopher Hogbin held 263,705 Restricted Stock Units linked to Lazard common stock. This figure reflects the addition of 2,716 newly credited RSUs and does not include 11,829 Lazard common shares he also directly or indirectly beneficially owns outside the RSU awards.

What is the vesting schedule for Christopher Hogbin’s new Lazard RSUs?

The filing states that of the reported RSUs, 906 will vest on or around March 18, 2027, another 906 on or around March 20, 2028, and 904 on or around March 22, 2029. Vesting is subject to the underlying award terms.

How were the 2,716 new Lazard RSUs for Christopher Hogbin generated?

The 2,716 RSUs were acquired under the dividend equivalent reinvestment provisions of existing RSU awards. Instead of receiving cash dividends, equivalent value was credited as additional RSUs, each representing a contingent right to receive one share of Lazard common stock in the future.

Does the Form 4 include Hogbin’s other Lazard shareholdings beyond RSUs?

Yes. The filing notes that the reported RSU amount excludes 11,829 shares of Lazard common stock that Christopher Hogbin directly or indirectly beneficially owns. These shares are separate from his 263,705 RSUs, which are rights to receive common stock upon future vesting events.