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Lazard (NYSE: LAZ) CAO now holds 13,037 RSUs after award

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

Rhea-AI Filing Summary

Lazard, Inc. (LAZ) reported that Chief Accounting Officer Michael Gathy received an award of 145 Restricted Stock Units (RSUs), acquired through dividend equivalent reinvestment on existing RSU awards. Each RSU represents a contingent right to receive one share of Common Stock. Following this award, Gathy holds 13,037 RSUs, which will vest over time, and this figure excludes 1,438 shares of Common Stock that are directly or indirectly beneficially owned.

Positive

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Negative

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Insider Gathy Michael
Role Chief Accounting Officer
Type Security Shares Price Value
Grant/Award Restricted Stock Units F1, F2, F3, F4 145 -- --
Holdings After Transaction: Restricted Stock Units — 13,037 shares (Direct)
Footnotes (4)
  1. F1. Additional Restricted Stock Units ("RSUs") were acquired pursuant to the dividend equivalent reinvestment provisions of underlying RSU awards.
  2. F2. Each RSU represents a contingent right to receive one share of Common Stock.
  3. F3. Of these RSUs, 67 will vest on or around March 1, 2027, 58 will vest on or around March 1, 2028, and 20 will vest on or around March 1, 2029.
  4. F4. Amount excludes 1,438 shares of Common Stock directly or indirectly beneficially owned by the reporting person.
New RSUs Awarded 145 RSUs Grant/acquisition via dividend equivalent reinvestment on August 14, 2026
RSUs Held After Transaction 13,037 RSUs Total RSU holdings for Michael Gathy following the reported acquisition
Separately Beneficially Owned Shares 1,438 shares Common Stock directly or indirectly beneficially owned, excluded from RSU total
RSUs Vesting 2027 67 RSUs Portion of reported RSUs vesting on or around March 1, 2027
RSUs Vesting 2028 58 RSUs Portion of reported RSUs vesting on or around March 1, 2028
RSUs Vesting 2029 20 RSUs Portion of reported RSUs vesting on or around March 1, 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 1,438 shares of Common Stock directly or indirectly beneficially owned"
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.

FAQ

What insider transaction did Lazard, Inc. (LAZ) report for Michael Gathy?
Lazard reported that Chief Accounting Officer Michael Gathy acquired 145 RSUs on August 14, 2026. These RSUs were issued via dividend equivalent reinvestment on underlying RSU awards and represent future rights to Common Stock.

How many Restricted Stock Units does Michael Gathy hold after this Form 4 for LAZ?
After this award, Michael Gathy holds 13,037 RSUs at Lazard, Inc. These RSUs vest over several future dates and are separate from 1,438 Common Shares that he directly or indirectly beneficially owns.

How many RSUs did Michael Gathy receive through dividend equivalent reinvestment at LAZ?
Michael Gathy received 145 additional RSUs through dividend equivalent reinvestment provisions on existing RSU awards. This means dividends on prior RSUs were reinvested in the form of new RSUs rather than cash.

What is the vesting schedule of Michael Gathy’s new RSUs at Lazard (LAZ)?
Of the 145 new RSUs, 67 vest on or around March 1, 2027, 58 vest on or around March 1, 2028, and 20 vest on or around March 1, 2029, subject to continued satisfaction of award terms.

What does each RSU represent in the Lazard (LAZ) Form 4 for Michael Gathy?
Each RSU reported for Michael Gathy represents a contingent right to receive one share of Common Stock of Lazard, Inc. Delivery of shares depends on meeting the vesting conditions of the RSU awards.

How many Lazard (LAZ) Common Shares does Michael Gathy beneficially own outside his RSUs?
In addition to his RSUs, Michael Gathy beneficially owns 1,438 shares of Common Stock, held directly or indirectly. This share count is explicitly excluded from the 13,037 RSUs reported after the transaction.

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

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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)
08/14/2026		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)08/14/2026A145 (3) (3)Common Stock145(2)13,037(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, 67 will vest on or around March 1, 2027, 58 will vest on or around March 1, 2028, and 20 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 A08/18/2026
** 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