STOCK TITAN

Christopher Hogbin of Lazard (NYSE: LAZ) awarded 2,984 new RSUs

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

Rhea-AI Filing Summary

Lazard, Inc. reported that Christopher Hogbin, its CEO of Asset Management, acquired 2,984 Restricted Stock Units (RSUs) as a grant or award. The RSUs were credited at no cash cost under dividend equivalent reinvestment provisions tied to existing RSU awards, increasing his directly held RSUs to 309,321.

Each RSU represents a contingent right to receive one share of common stock. Of the reported RSUs, 467 are scheduled to vest on or around March 16, 2026, 840 on or around March 18, 2027, 840 on or around March 20, 2028, and 837 on or around March 22, 2029.

Positive

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Negative

  • None.
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*
Hogbin Christopher

(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)
CEO Asset Management
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 2,984 (3) (3) Common Stock 2,984 $0(2) 309,321 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, 467 will vest on or around March 16, 2026, 840 will vest on or around March 18, 2027, 840 will vest on or around March 20, 2028, and 837 will vest on or around March 22, 2029.
Remarks:
/s/ Christopher Hogbin by Shari L. Soloway under a PoA 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 insider transaction did Lazard (LAZ) report for Christopher Hogbin?

Lazard reported that Christopher Hogbin, CEO of Asset Management, acquired 2,984 Restricted Stock Units as a grant or award. These RSUs were issued under dividend equivalent reinvestment provisions and increase his directly held RSUs to 309,321, with future vesting over several years.

What type of securities did Christopher Hogbin receive in this Lazard (LAZ) Form 4?

Christopher Hogbin received Restricted Stock Units, or RSUs, which are derivative securities. Each RSU represents a contingent right to receive one share of Lazard common stock, subject to the specified vesting dates and continued satisfaction of any applicable award conditions.

How many Lazard (LAZ) RSUs did Christopher Hogbin hold after this transaction?

After the transaction, Christopher Hogbin directly held 309,321 Restricted Stock Units. This total includes the 2,984 RSUs acquired through the grant or award reported, together with previously outstanding RSUs that remain subject to future vesting schedules.

How were the new Lazard (LAZ) RSUs for Christopher Hogbin generated?

The additional 2,984 RSUs were acquired pursuant to dividend equivalent reinvestment provisions on underlying RSU awards. Instead of paying cash dividends, the plan credits additional RSUs, effectively reinvesting dividends into more contingent stock units for the holder.

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

Of the reported RSUs, 467 will vest on or around March 16, 2026, 840 on or around March 18, 2027, 840 on or around March 20, 2028, and 837 on or around March 22, 2029, reflecting a multi-year vesting timeline.

Did Christopher Hogbin pay cash for the new Lazard (LAZ) RSUs?

No cash price was reported for the new RSUs; the per-unit transaction price is shown as 0.0000. The RSUs were acquired as a grant or award under dividend equivalent reinvestment provisions rather than through an open-market purchase.
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