Lazard (NYSE: LAZ) CFO adds 295 RSUs via dividend equivalent awards

Rhea-AI Filing Summary

Lazard, Inc. Chief Financial Officer Tracy Farr reported an acquisition of 295 Restricted Stock Units (RSUs) on February 20, 2026, at a price of $0.00 per unit, pursuant to dividend equivalent reinvestment provisions on existing RSU awards.

Each RSU represents a contingent right to receive one share of Lazard common stock. After this transaction, Farr directly holds 30,497 RSUs. Of these RSUs, 58 are scheduled to vest on or around March 2, 2026, 155 on or around March 1, 2027, and 82 on or around March 1, 2028, subject to the underlying award terms.

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

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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^*

Farr Tracy

(Last) (First) (Middle)

30 ROCKEFELLER PLAZA

(Street)

NEW YORK NY 10112

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Lazard, Inc. [ LAZ ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

3. Date of Earliest Transaction (Month/Day/Year)
02/20/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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
Restricted Stock Units(1)	$0(2)	02/20/2026	02/20/2026	A		295		(3)	(3)	Common Stock	295	$0(2)	30,497	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, 58 will vest on or around March 2, 2026, 155 will vest on or around March 1, 2027, and 82 will vest on or around March 1, 2028.

Remarks:

	/s/ Tracy Farr by Shari L. Soloway under a P of A	02/23/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did Lazard (LAZ) CFO Tracy Farr report on this Form 4?

Tracy Farr reported acquiring 295 Restricted Stock Units in Lazard. The RSUs were credited on February 20, 2026 through dividend equivalent reinvestment provisions tied to existing RSU awards, increasing her directly held RSU balance to 30,497 units.

How many Lazard (LAZ) restricted stock units did Tracy Farr acquire and at what price?

Tracy Farr acquired 295 Lazard Restricted Stock Units at a stated price of $0.00 per unit. These RSUs were issued as additional units under dividend equivalent reinvestment provisions rather than through an open-market purchase or cash transaction.

What is the vesting schedule for Tracy Farr’s Lazard (LAZ) RSUs disclosed in this filing?

The filing states that 58 RSUs will vest on or around March 2, 2026, 155 RSUs will vest on or around March 1, 2027, and 82 RSUs will vest on or around March 1, 2028, subject to the underlying award terms and conditions.

After this Form 4 transaction, how many RSUs does Lazard (LAZ) CFO Tracy Farr hold?

Following the reported acquisition, Tracy Farr directly holds a total of 30,497 Restricted Stock Units in Lazard. This figure reflects the addition of 295 RSUs credited on February 20, 2026 via dividend equivalent reinvestment on existing RSU awards.

What does each Lazard (LAZ) restricted stock unit represent for Tracy Farr?

Each Lazard Restricted Stock Unit represents a contingent right to receive one share of the company’s common stock. Delivery of the underlying shares is typically subject to vesting over time according to the award schedule and satisfaction of any applicable conditions.

Were Tracy Farr’s Lazard (LAZ) RSUs acquired through open-market purchases?

No, the RSUs were not open-market purchases. The filing explains that additional Lazard RSUs were acquired through dividend equivalent reinvestment provisions associated with existing RSU awards, resulting in 295 new units being credited at a price of $0.00 per unit.