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Lazard (LAZ) COO Alexandra Soto acquires 2,553 RSUs with staged vesting

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

Rhea-AI Filing Summary

Lazard, Inc. Chief Operating Officer Alexandra Soto acquired 2,553 Restricted Stock Units (RSUs) on February 20, 2026 as a grant and dividend-equivalent award. Each RSU represents a right to receive one share of common stock. After this transaction, she directly holds 264,487 RSUs. Of these, 625 are scheduled to vest on or around March 2, 2026, 927 on or around March 1, 2027, and 1,001 on or around March 1, 2028. The reported RSU amount excludes 113,872 shares of Lazard common stock that she directly or indirectly beneficially owns.

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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*
Soto Alexandra

(Last) (First) (Middle)
C/O LAZARD, INC.
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 Operating 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) (2) 02/20/2026 02/20/2026 A 2,553 (3) (3) Common Stock 2,553 $0 264,487(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, 625 will vest on or around March 2, 2026, 927 will vest on or around March 1, 2027, and 1,001 will vest on or around March 1, 2028.
4. Amount excludes 113,872 shares of Common Stock directly or indirectly beneficially owned by the reporting person.
Remarks:
/s/ Alexandra Soto 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.
* 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.

FAQ

What did Lazard (LAZ) report in Alexandra Soto’s latest Form 4 filing?

Lazard reported that Chief Operating Officer Alexandra Soto acquired 2,553 Restricted Stock Units. These RSUs were granted on February 20, 2026, including amounts from dividend-equivalent reinvestments, and increase her directly held RSU balance to 264,487 units tied to Lazard common stock.

How many Restricted Stock Units did Alexandra Soto acquire in this Lazard (LAZ) transaction?

Alexandra Soto acquired 2,553 Restricted Stock Units in this transaction. The award reflects a grant coded as an acquisition, with a price of $0.00 per unit, and arises partly from dividend equivalent reinvestment provisions attached to her existing Lazard RSU awards.

What is the vesting schedule for Alexandra Soto’s new Lazard (LAZ) RSUs?

Of the reported RSUs, 625 are scheduled to vest on or around March 2, 2026. A further 927 units are expected to vest on or around March 1, 2027, and 1,001 units on or around March 1, 2028, subject to standard RSU conditions.

What does each RSU represent in Alexandra Soto’s Lazard (LAZ) award?

Each Restricted Stock Unit represents a contingent right to receive one share of Lazard common stock. This means that when an RSU vests, Soto becomes entitled to one share per unit, assuming applicable vesting and service conditions are satisfied at each vesting date.

How many Lazard (LAZ) shares does Alexandra Soto beneficially own outside the reported RSUs?

The filing notes that the reported RSU amount excludes 113,872 shares of Lazard common stock beneficially owned by Alexandra Soto. These shares are directly or indirectly held and are separate from the 264,487 RSUs disclosed in the latest Form 4 transaction.
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