Lazard director granted 3,777 deferred stock units

Lazard, Inc. director Dmitry Shevelenko received 3,777 Deferred Stock Units (DSUs) as a grant under the company’s 2018 Incentive Compensation Plan.

Rhea-AI Filing Summary

Lazard, Inc. director Dmitry Shevelenko received 3,777 Deferred Stock Units (DSUs) as a grant under the company’s 2018 Incentive Compensation Plan. These DSUs were awarded as part of the non-executive director compensation arrangement and carry no cash exercise price.

Each DSU will convert into one share of Lazard common stock after Shevelenko resigns from, or otherwise ceases to be, a member of the Board of Directors. Following this award, he now holds a total of 5,903 DSUs, all representing future rights to common shares rather than an immediate stock purchase or sale.

Insider Trade Summary

Grant/Award: 3,777 shares

Grant/Award 1 txn

Insider Shevelenko Dmitry

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Deferred Stock Units	3,777	$0.00	$0.00

Holdings After Transaction: Deferred Stock Units — 5,903 contracts (Direct)

Footnotes (2)

1. F1. 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.
2. F2. 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 DSUs after grant: 5,903 units Underlying common shares: 3,777 shares +1 more

4 metrics

Deferred Stock Units granted 3,777 units Award under 2018 Incentive Compensation Plan on 2026-06-01

Total DSUs after grant 5,903 units Director holdings following reported transaction

Underlying common shares 3,777 shares Each DSU converts one-for-one into common stock

Transaction price per unit $0.0000 Compensation grant, no cash exercise price

Key Terms

Deferred Stock Units, 2018 Incentive Compensation Plan, Non-Executive Director Compensation, Board of Directors

4 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 financial

"as part of the Non-Executive Director Compensation arrangement"

Board of Directors financial

"following the date that the reporting person resigns from, or otherwise ceases to be a member of, the Board of Directors"

The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Lazard (LAZ) director Dmitry Shevelenko report in this Form 4?

Shevelenko reported receiving 3,777 Deferred Stock Units as a compensation grant. These units were issued under Lazard’s 2018 Incentive Compensation Plan as part of his non-executive director compensation, increasing his total DSU holdings to 5,903 after the award.

What are Deferred Stock Units (DSUs) in Lazard (LAZ) director compensation?

Deferred Stock Units are promises to deliver common stock in the future, not immediate shares. For Lazard, each DSU will convert into one share of common stock after the director leaves the Board, aligning director compensation with long-term shareholder interests.

When will Dmitry Shevelenko’s Lazard (LAZ) DSUs convert into common stock?

The DSUs will convert into Lazard common stock after Shevelenko resigns from, or otherwise ceases to be a member of, the Board. At that time, each of the 3,777 new DSUs will convert one-for-one into common shares alongside his other outstanding DSUs.

How many Lazard (LAZ) Deferred Stock Units does Dmitry Shevelenko hold after this grant?

After receiving 3,777 new Deferred Stock Units, Shevelenko holds 5,903 DSUs in total. All of these units represent future rights to Lazard common stock, to be delivered when he no longer serves on the company’s Board of Directors.

Does this Lazard (LAZ) Form 4 show Dmitry Shevelenko buying or selling shares?

The filing does not show an open-market buy or sell. It reports a grant of 3,777 Deferred Stock Units as compensation, with no cash exercise price, which will later convert into common stock rather than reflecting a current market trade.

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

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Accepted by SEC EDGAR 06/03/2026 - 04:37 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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^*

Shevelenko Dmitry

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Deferred Stock Units(1)	(2)	06/01/2026	06/01/2026	A		3,777		(2)	(2)	Common Stock	3,777	$0	5,903	D

Explanation of Responses:

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.

2. 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.

Remarks:

	/s/ Dmitry Shevelenko by Shari L. Soloway under a PoA	06/03/2026
	** Signature of Reporting Person	Date
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)